United Arab Emirates: Market for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates 2024

Market Size for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in the United Arab Emirates

The market for gravel, pebbles and crushed stone for concrete and road aggregates in the United Arab Emirates skyrocketed to $X in 2021, with an increase of 19% against the previous year. Overall, consumption continues to indicate a resilient expansion. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in the United Arab Emirates

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates expanded markedly to $X in 2021 estimated in export price. In general, production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 152% against the previous year. Production of peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates

Exports from the United Arab Emirates

In 2021, shipments abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -61.3% to X tons, falling for the fifth year in a row after five years of growth. In general, exports recorded a noticeable reduction. The growth pace was the most rapid in 2013 with an increase of 81% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates rose rapidly to $X in 2021. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 1,384%. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from the United Arab Emirates, accounting for a 68% share of total exports. Moreover, exports of gravel, pebbles and crushed stone for concrete and road aggregates to Kuwait exceeded the volume sent to the second major destination, Maldives (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Kuwait amounted to +11.8%.

In value terms, Kuwait ($X) remains the key foreign market for gravel, pebbles and crushed stone for concrete and road aggregates exports from the United Arab Emirates, comprising 94% of total exports. The second position in the ranking was taken by Maldives ($X), with a 6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Kuwait amounted to +5.9%.

Export Prices by Country

In 2021, the average export price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, picking up by 175% against the previous year. In general, the export price posted significant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 719% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Maldives totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-3.9%), while the prices for the other major destinations experienced a decline.

Imports of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates

Imports into the United Arab Emirates

In 2021, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were imported into the United Arab Emirates; increasing by 51% on 2020 figures. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 231%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates surged to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 241%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, Oman (X tons) was the main supplier of gravel, pebbles and crushed stone for concrete and road aggregates to the United Arab Emirates, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Oman totaled +21.7%.

In value terms, Oman ($X) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to the United Arab Emirates.

From 2012 to 2021, the average annual growth rate of value from Oman was relatively modest.

Import Prices by Country

In 2021, the average import price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, waning by -18.6% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2015 an increase of 32% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Oman.

From 2012 to 2021, the rate of growth in terms of prices for Norway amounted to +3.8% per year.

Source: IndexBox Platform

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