Market for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in South Korea
In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates surged to $ in estimated in export price. Overall, production saw buoyant growth. The pace of growth appeared the most rapid in 2008 when the production volume increased by % against the previous year. Production of peaked at $ in 2016; however, from 2017 to , production stood at a somewhat lower figure.
The revenue of the market for gravel, pebbles and crushed stone for concrete and road aggregates in South Korea surged to $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a strong increase. Over the period under review, the market reached the peak level at $ in 2016; however, from 2017 to , consumption failed to regain momentum.