Benelux: Construction Sands Market 2024

Construction Sands Market Size in Benelux

In 2022, the Benelux construction sands market decreased by -40.5% to $X, falling for the third year in a row after two years of growth. In general, consumption saw a abrupt slump. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Construction Sands Production in Benelux

In value terms, construction sands production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2019 with an increase of 77%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Construction Sands Exports

Exports in Benelux

In 2022, shipments abroad of construction sands increased by 41% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports showed tangible growth. The pace of growth was the most pronounced in 2021 with an increase of 386% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, construction sands exports surged to $X in 2022. Total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.5% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 22%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The Netherlands dominates exports structure, reaching X tons, which was near 96% of total exports in 2022. Belgium (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the construction sands exports, with a CAGR of +5.8% from 2012 to 2022. Belgium (-8.3%) illustrated a downward trend over the same period. The Netherlands (+12 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -11.3% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest construction sands supplier in Benelux, comprising 92% of total exports. The second position in the ranking was held by Belgium ($X), with an 8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at +5.3%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, waning by -14.5% against the previous year. In general, the export price recorded a slight slump. The pace of growth appeared the most rapid in 2017 when the export price increased by 303%. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.8%).

Construction Sands Imports

Imports in Benelux

For the third consecutive year, Benelux recorded growth in overseas purchases of construction sands, which increased by 6.6% to X tons in 2022. In general, imports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, construction sands imports contracted to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 21%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Belgium was the major importing country with an import of about X tons, which accounted for 64% of total imports. It was distantly followed by the Netherlands (X tons) and Luxembourg (X tons), together constituting a 36% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to construction sands imports into Belgium stood at -3.7%. At the same time, Luxembourg (+7.7%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +7.7% from 2012-2022. By contrast, the Netherlands (-2.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Luxembourg and the Netherlands increased by +4.1 and +1.7 percentage points, respectively.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2022.

Luxembourg, with a CAGR of +4.8%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, reducing by -14.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2018 when the import price increased by 21%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform