China: Natural Sand Market 2022

Natural Sand Market Size in China

The Chinese natural sand market reduced modestly to $X in 2021, which is down by -2.4% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Natural Sand Production in China

In value terms, natural sand production contracted to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 38%. Natural sand production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Natural Sand Exports

Exports from China

In 2021, shipments abroad of natural sands increased by 3,739% to X tons, rising for the fourth year in a row after two years of decline. In general, exports posted 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 soared to $X in 2021. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X tons) was the main destination for natural sand exports from China, with a 36% share of total exports. Moreover, natural sand exports to Hong Kong SAR exceeded the volume sent to the second major destination, Macao SAR (X tons), threefold. The third position in this ranking was taken by Pakistan (X tons), with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR stood at +68.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (+85.7% per year) and Pakistan (+227.3% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for natural sand exports from China, comprising 44% of total exports. The second position in the ranking was held by Macao SAR ($X), with a 15% share of total exports. It was followed by India, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR totaled +67.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (+84.5% per year) and India (+273.9% per year).

Export Prices by Country

The average natural sand export price stood at $X per ton in 2021, with a decrease of -2% against the previous year. Overall, the export price showed a slight decline. The most prominent rate of growth was recorded in 2016 an increase of 57%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Sand Imports

Imports into China

For the tenth consecutive year, China recorded growth in purchases abroad of natural sands, which increased by 81% to X tons in 2021. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 94% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, natural sand imports reached $X in 2021. Overall, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 83%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

Australia (X tons), Malaysia (X tons) and Japan (X tons) were the main suppliers of natural sand imports to China, with a combined 91% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +197.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest natural sand suppliers to China were Australia ($X), Malaysia ($X) and Japan ($X), together comprising 62% of total imports.

Malaysia, with a CAGR of +120.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average natural sand import price stood at $X per ton in 2021, dropping by -40.5% against the previous year. Overall, the import price faced a dramatic curtailment. The most prominent rate of growth was recorded in 2020 an increase of 29% 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.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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