Benelux: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in Benelux

The Benelux gravel and crushed stone market reduced to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Gravel and Crushed Stone in Benelux

In value terms, gravel and crushed stone production contracted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Gravel and Crushed Stone

Exports in Benelux

In 2022, shipments abroad of gravel and crushed stone decreased by X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, gravel and crushed stone exports declined to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

In 2022, Belgium (X tons) represented the main exporter of gravel and crushed stone, mixing up X% of total exports. It was distantly followed by the Netherlands (X tons), generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to gravel and crushed stone exports from Belgium stood at X%. The Netherlands (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2022.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then fell modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Gravel and Crushed Stone

Imports in Benelux

In 2022, overseas purchases of gravel and crushed stone decreased by X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports showed a slight slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, gravel and crushed stone imports fell to $X in 2022. In general, imports, however, showed a slight expansion. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

The Netherlands was the key importing country with an import of around X tons, which recorded X% of total imports. Belgium (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Luxembourg (X%).

Imports into the Netherlands decreased at an average annual rate of X% from 2012 to 2022. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. Luxembourg (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium and the Netherlands saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported gravel and crushed stone in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, gravel and crushed stone imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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