| Product Code: ETC321389 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines` crushed stone mining import shipments in 2024 saw a notable concentration of top exporting countries, including China, Taiwan, UAE, Spain, and the USA. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 8.92%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, emphasizing the dominance of key exporters. This data suggests ongoing reliance on these countries for crushed stone imports, highlighting the importance of monitoring trends and diversifying import sources for the industry`s stability and growth.

The construction industry drives the demand for crushed stone. This market could grow at a CAGR of 9% due to ongoing infrastructure projects.
Infrastructure development and construction projects are major drivers of the crushed stone mining market in the Philippines. Crushed stones are essential materials used in building roads, highways, and other construction activities. The government`s focus on improving infrastructure and the increasing demand for residential and commercial spaces are fueling the demand for crushed stone materials.
The Philippines Crushed Stone Mining market faces challenges inherent to the construction and infrastructure sectors it serves. A significant challenge is maintaining a steady supply of high-quality crushed stone to meet the demands of various construction projects. Environmental concerns related to quarrying activities and land reclamation after mining pose regulatory and ethical challenges. Additionally, the market must navigate economic fluctuations that can impact construction activity and, consequently, demand for crushed stone. Ensuring efficient transportation and logistics to deliver crushed stone to different project sites is also a logistical challenge.
The Philippines crushed stone mining market has faced challenges in terms of reduced construction activities and supply chain disruptions during the pandemic. The market is anticipated to recover as construction activities resume.
Key players in the Philippines crushed stone mining market include Vulcan Materials Company, Martin Marietta Materials Inc., and CEMEX SAB de CV.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Crushed Stone Mining Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Crushed Stone Mining Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Crushed Stone Mining Market - Industry Life Cycle |
3.4 Philippines Crushed Stone Mining Market - Porter's Five Forces |
3.5 Philippines Crushed Stone Mining Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Crushed Stone Mining Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Crushed Stone Mining Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Infrastructure development projects in the Philippines |
4.2.2 Urbanization and population growth leading to increased construction activities |
4.2.3 Demand for crushed stone in the manufacturing and industrial sectors |
4.3 Market Restraints |
4.3.1 Environmental regulations impacting mining operations |
4.3.2 Volatility in raw material prices affecting production costs |
4.3.3 Competition from alternative materials like recycled aggregates |
5 Philippines Crushed Stone Mining Market Trends |
6 Philippines Crushed Stone Mining Market, By Types |
6.1 Philippines Crushed Stone Mining Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Crushed Stone Mining Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Crushed Stone Mining Market Revenues & Volume, By Limestone Mining, 2021-2031F |
6.1.4 Philippines Crushed Stone Mining Market Revenues & Volume, By Granite Mining, 2021-2031F |
6.1.5 Philippines Crushed Stone Mining Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Crushed Stone Mining Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Crushed Stone Mining Market Revenues & Volume, By Industrial , 2021-2031F |
6.2.3 Philippines Crushed Stone Mining Market Revenues & Volume, By Manufacture , 2021-2031F |
6.2.4 Philippines Crushed Stone Mining Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Philippines Crushed Stone Mining Market Revenues & Volume, By Engineering, 2021-2031F |
6.2.6 Philippines Crushed Stone Mining Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Crushed Stone Mining Market Import-Export Trade Statistics |
7.1 Philippines Crushed Stone Mining Market Export to Major Countries |
7.2 Philippines Crushed Stone Mining Market Imports from Major Countries |
8 Philippines Crushed Stone Mining Market Key Performance Indicators |
8.1 Average selling price of crushed stone |
8.2 Utilization rate of mining equipment |
8.3 Number of new infrastructure projects announced |
8.4 Energy efficiency of crushing and screening operations |
8.5 Percentage of crushed stone produced meeting quality standards |
9 Philippines Crushed Stone Mining Market - Opportunity Assessment |
9.1 Philippines Crushed Stone Mining Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Crushed Stone Mining Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Crushed Stone Mining Market - Competitive Landscape |
10.1 Philippines Crushed Stone Mining Market Revenue Share, By Companies, 2024 |
10.2 Philippines Crushed Stone Mining Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |