Angola: Silica Sand Market 2024

Silica Sand Market Size in Angola

The Angolan silica sand market contracted modestly to $X in 2022, remaining stable against the previous year. Over the period under review, consumption, however, continues to indicate a mild increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Silica Sand Production in Angola

In value terms, silica sand production fell modestly to $X in 2022 estimated in export price. Overall, production saw a mild downturn. The most prominent rate of growth was recorded in 2018 with an increase of 176% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Silica Sand Exports

Exports from Angola

In 2022, shipments abroad of silica sands (quartz sands or industrial sands) decreased by 99.9% to X kg, falling for the second year in a row after six years of growth. Overall, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2018 when exports increased by 1,170% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, silica sand exports declined rapidly to $X in 2022. In general, exports recorded a sharp setback. The pace of growth was the most pronounced in 2018 with an increase of 562%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Congo (X kg) was the main destination for silica sand exports from Angola, with a 100% share of total exports. Moreover, silica sand exports to Congo exceeded the volume sent to the second major destination, South Africa (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Congo amounted to -44.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-14.9% per year) and the United States (-19.7% per year).

In value terms, Congo ($X) emerged as the key foreign market for silica sands (quartz sands or industrial sands) exports from Angola, comprising 89% of total exports. The second position in the ranking was taken by South Africa ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Congo totaled -32.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (0.0% per year) and the United States (-31.3% per year).

Export Prices by Country

The average silica sand export price stood at $X per ton in 2022, picking up by 3,325% against the previous year. In general, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+474.0%), while the prices for the other major destinations experienced more modest paces of growth.

Silica Sand Imports

Imports into Angola

In 2022, the amount of silica sands (quartz sands or industrial sands) imported into Angola was estimated at X tons, standing approx. at 2021 figures. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 173% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, silica sand imports totaled $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 164% against the previous year. Imports peaked at $X in 2020; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Portugal (X tons) constituted the largest silica sand supplier to Angola, with a 49% share of total imports. Moreover, silica sand imports from Portugal exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by South Africa (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Portugal totaled +41.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.3% per year) and South Africa (+78.6% per year).

In value terms, Portugal ($X) constituted the largest supplier of silica sands (quartz sands or industrial sands) to Angola, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports. It was followed by the Netherlands, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value from Portugal amounted to +56.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+61.9% per year) and the Netherlands (+25.1% per year).

Import Prices by Country

The average silica sand import price stood at $X per ton in 2022, stabilizing at the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +13.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silica sand import price decreased by -0.0% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 203%. The import price peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+47.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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