Croatia: Silica Sand Market 2024

Silica Sand Market Size in Croatia

The Croatian silica sand market rose slightly to $X in 2022, surging by 3.8% against the previous year. Over the period under review, consumption, however, saw a pronounced setback. Silica sand consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Silica Sand Production in Croatia

In value terms, silica sand production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2015 with an increase of 55% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Silica Sand Exports

Exports from Croatia

In 2022, the amount of silica sands (quartz sands or industrial sands) exported from Croatia rose significantly to X tons, with an increase of 15% compared with 2021 figures. In general, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2018 when exports increased by 1,536%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, silica sand exports totaled $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 74%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for silica sand exports from Croatia, accounting for a 55% share of total exports. Moreover, silica sand exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Serbia (X tons), twofold. Slovenia (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina amounted to +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+62.6% per year) and Slovenia (-25.3% per year).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for silica sands (quartz sands or industrial sands) exports from Croatia, comprising 50% of total exports. The second position in the ranking was taken by Serbia ($X), with a 25% share of total exports. It was followed by Slovenia, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Bosnia and Herzegovina stood at +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+32.3% per year) and Slovenia (-15.9% per year).

Export Prices by Country

The average silica sand export price stood at $X per ton in 2022, waning by -4.9% against the previous year. In general, the export price, however, posted a strong expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 411%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Montenegro ($X per ton) and Austria ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+12.6%), while the prices for the other major destinations experienced a decline.

Silica Sand Imports

Imports into Croatia

In 2022, imports of silica sands (quartz sands or industrial sands) into Croatia was estimated at X tons, with an increase of 3.1% against 2021 figures. Over the period under review, imports, however, continue to indicate a pronounced descent. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, silica sand imports reached $X in 2022. Overall, imports, however, saw a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of 135%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest silica sand supplier to Croatia, accounting for a 52% share of total imports. Moreover, silica sand imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. Slovakia (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-0.3% per year) and Slovakia (-12.4% per year).

In value terms, the largest silica sand suppliers to Croatia were Hungary ($X), Slovenia ($X) and the Czech Republic ($X), with a combined 65% share of total imports.

Hungary, with a CAGR of +0.1%, 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 a decline.

Import Prices by Country

In 2022, the average silica sand import price amounted to $X per ton, growing by 3.3% against the previous year. In general, the import price, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 134% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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