(UK) -- Aggregate production in the UK last year was at it lowest level for almost 50 years at 160million tonnes – a level not recorded since 1965, according to a new report from BDS marketing.
The ‘Estimated outputs of pits, quarries and marine wharves in Great Britain’ report suggests that Tarmac maintained its position as the largest aggregate producer with a 20% market share. In total 70% of production in the UK is managed by Tarmac, Aggregate Industries, Hanson, Cemex and Lafarge.
Although the report claims that there was a slight improvement in the market in 2010 with a 2% increase in demand and 20 quarries were re-opened during the year, around 70 quarries were closed due to the low levels of demand.
The report suggests that recovery in the market is not expected in the short term with weak recovery in the private sector and low levels of spending on housing and by the public sector. BDS suggests further declines will occur this year and in 2012 but be followed by a strong return to growth in 2013.