Asia: Natural Sand Market 2022

Natural Sand Market Size in Asia

The Asian natural sand market reduced to $X in 2021, remaining stable against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Natural Sand Production in Asia

In value terms, natural sand production reduced to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild setback. The most prominent rate of growth was recorded in 2015 when the production volume increased by 15%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Natural Sand Exports

Exports in Asia

In 2021, shipments abroad of natural sands increased by 2,003% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural sand exports surged to $X in 2021. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the largest exporter of natural sands in Asia, with the volume of exports finishing at X tons, which was near 73% of total exports in 2021. The United Arab Emirates (X tons) ranks second in terms of the total exports with an 11% share, followed by Malaysia (6.9%) and Uzbekistan (6.2%).

From 2012 to 2021, average annual rates of growth with regard to natural sand exports from China stood at +56.5%. At the same time, Uzbekistan (+296.0%), the United Arab Emirates (+103.0%) and Malaysia (+48.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +296.0% from 2012-2021. While the share of China (+39 p.p.), the United Arab Emirates (+10 p.p.), Uzbekistan (+6.2 p.p.) and Malaysia (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Uzbekistan ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 90% of total exports.

Uzbekistan, with a CAGR of +271.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, waning by -61% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 130% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Uzbekistan ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the other leaders experienced a decline in the export price figures.

Natural Sand Imports

Imports in Asia

In 2021, purchases abroad of natural sands was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural sand imports soared to $X in 2021. In general, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates prevails in imports structure, finishing at X tons, which was approx. 61% of total imports in 2021. China (X tons) ranks second in terms of the total imports with a 9.1% share, followed by Singapore (6.8%). The following importers - Thailand (X tons), Taiwan (Chinese) (X tons), Turkey (X tons), Japan (X tons), South Korea (X tons) and Hong Kong SAR (X tons) - together made up 17% of total imports.

The United Arab Emirates was also the fastest-growing in terms of the natural sands imports, with a CAGR of +45.3% from 2012 to 2021. At the same time, China (+44.1%), Thailand (+43.4%), Hong Kong SAR (+28.7%) and Turkey (+12.9%) displayed positive paces of growth. South Korea experienced a relatively flat trend pattern. By contrast, Japan (-2.3%), Singapore (-2.7%) and Taiwan (Chinese) (-10.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United Arab Emirates, China and Thailand increased by +55, +8.1 and +3.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported natural sands in Asia, comprising 61% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by Japan, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates stood at +48.8%. The remaining importing countries recorded the following average annual rates of imports growth: China (+9.5% per year) and Japan (-5.7% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, shrinking by -23.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 50%. The level of import peaked at $X per ton in 2020, and then dropped rapidly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :