Uzbekistan: 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 Uzbekistan

The Uzbek market for gravel, pebbles and crushed stone for concrete and road aggregates was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, continues to indicate a mild setback. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in Uzbekistan

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates expanded remarkably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep downturn. Production of peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

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

Exports from Uzbekistan

Exports of gravel, pebbles and crushed stone for concrete and road aggregates from Uzbekistan surged to X tons in 2021, jumping by 868% compared with the year before. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates surged to $X in 2021. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from Uzbekistan, with a 58% share of total exports. Moreover, exports of gravel, pebbles and crushed stone for concrete and road aggregates to Singapore exceeded the volume sent to the second major destination, Kazakhstan (X tons), twofold. The third position in this ranking was held by China (X tons), with an 8.5% share.

From 2017 to 2021, the average annual rate of growth in terms of volume to Singapore amounted to +61.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+16.4% per year) and China (-14.8% per year).

In value terms, Singapore ($X), South Korea ($X) and Kazakhstan ($X) were the largest markets for gravel, pebbles and crushed stone for concrete and road aggregates exported from Uzbekistan worldwide, with a combined 94% share of total exports.

Among the main countries of destination, South Korea, with a CAGR of +229.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, growing by 52% against the previous year. Overall, export price indicated a resilient increase from 2017 to 2021: its price increased at an average annual rate of +10.0% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for gravel, pebbles and crushed stone for concrete and road aggregates increased by +62.1% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+72.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Uzbekistan

After four years of growth, purchases abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -97.9% to X tons in 2021. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 322%. As a result, imports reached the peak of X tons, and then contracted rapidly in the following year.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates fell dramatically to $X in 2021. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2019 when imports increased by 2,439% against the previous year. Imports peaked at $X in 2020, and then declined significantly in the following year.

Imports by Country

Russia (X tons), Finland (X tons) and South Korea (X tons) were the main suppliers of imports of gravel, pebbles and crushed stone for concrete and road aggregates to Uzbekistan, together accounting for 86% of total imports.

From 2017 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +39.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Uzbekistan, comprising 45% of total imports. The second position in the ranking was held by South Korea ($X), with a 21% share of total imports. It was followed by Russia, with a 14% share.

From 2017 to 2021, the average annual growth rate of value from Finland totaled +32.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+66.6% per year) and Russia (+17.9% per year).

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, with an increase of 87% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 845% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by China (+41.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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