Report Update Nov 1, 2024

Bangladesh - Natural Sands - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Natural Sand Market 2022

Natural Sand Market Size in Bangladesh

The Bangladeshi natural sand market declined slightly to $X in 2021, approximately equating the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Natural sand consumption peaked at $X in 2020, and then declined slightly in the following year.

Natural Sand Production in Bangladesh

In value terms, natural sand production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 10% against the previous year. Natural sand production peaked at $X in 2017; afterwards, it flattened through to 2021.

Natural Sand Exports

Exports from Bangladesh

In 2021, overseas shipments of natural sands decreased by -12.2% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2019 when exports increased by 1,789% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then dropped in the following year.

In value terms, natural sand exports dropped to $X in 2021. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2019 with an increase of 1,569% against the previous year. The exports peaked at $X in 2020, and then fell in the following year.

Exports by Country

Singapore (X tons) was the main destination for natural sand exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Singapore totaled +107.5%.

In value terms, Singapore ($X) also remains the key foreign market for natural sand exports from Bangladesh.

From 2012 to 2021, the average annual growth rate of value to Singapore totaled +83.3%.

Export Prices by Country

The average natural sand export price stood at $X per ton in 2021, surging by 4.7% against the previous year. Over the period under review, the export price, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of 17% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to -11.8% per year.

Natural Sand Imports

Imports into Bangladesh

Natural sand imports into Bangladesh reached X tons in 2021, picking up by 3.1% compared with the year before. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 223% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, natural sand imports fell to $X in 2021. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 182% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then contracted in the following year.

Imports by Country

South Korea (X tons), Egypt (X tons) and Jordan (X tons) were the main suppliers of natural sand imports to Bangladesh, with a combined 84% share of total imports.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +68.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Egypt ($X) and China ($X) were the largest natural sand suppliers to Bangladesh, together comprising 68% of total imports.

Among the main suppliers, South Korea, with a CAGR of +68.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average natural sand import price amounted to $X per ton, with a decrease of -12.4% against the previous year. Overall, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 110% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural sands in the world?

China remains the largest natural sand consuming country worldwide, comprising approx. 58% of total volume. Moreover, natural sand consumption in China exceeded the figures recorded by the second-largest consumer, India, eightfold. The third position in this ranking was occupied by the United States, with a 2.6% share.

What are the largest producers of natural sands in the world?

China remains the largest natural sand producing country worldwide, comprising approx. 58% of total volume. Moreover, natural sand production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The United States ranked third in terms of total production with a 2.6% share.

What are the leading suppliers of natural sands to Bangladesh?

In value terms, Egypt constituted the largest supplier of natural sand to Bangladesh, comprising 52% of total imports. The second position in the ranking was occupied by South Korea, with a 25% share of total imports. It was followed by Malaysia, with a 1.6% share.

What are the leading importers of natural sands from Bangladesh?

In value terms, Singapore remains the key foreign market for natural sand exports from Bangladesh.

What is the average export price for natural sands in Bangladesh?

The average natural sand export price stood at $7.1 per ton in 2020, waning by -9.4% against the previous year.

What is the average import price for natural sands in Bangladesh?

The average natural sand import price stood at $51 per ton in 2020, jumping by 53% against the previous year.

This report provides an in-depth analysis of the natural sand market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08121150 - Silica sands (quartz sands or industrial sands)
Prodcom 08121190 - Construction sands such as clayey sands, kaolinic sands, f eldspathic sands (excluding silica sands, metal bearing sands)

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023