Jordan: Silica Sand Market 2024

Silica Sand Market Size in Jordan

The Jordanian silica sand market rose notably to $X in 2022, picking up by 8.1% against the previous year. In general, consumption, however, faced a deep setback. Silica sand consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Silica Sand Production in Jordan

In value terms, silica sand production rose modestly to $X in 2022 estimated in export price. In general, production, however, showed a abrupt setback. The growth pace was the most rapid in 2017 with an increase of 154%. Silica sand production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Silica Sand Exports

Exports from Jordan

In 2022, silica sand exports from Jordan stood at X tons, approximately mirroring the previous year. In general, exports posted a prominent increase. The pace of growth was the most pronounced in 2019 when exports increased by 748%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, silica sand exports stood at $X in 2022. Overall, exports posted a modest increase. The pace of growth appeared the most rapid in 2019 with an increase of 218% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for silica sand exports from Jordan, accounting for a 86% share of total exports. Moreover, silica sand exports to China exceeded the volume sent to the second major destination, Qatar (X tons), more than tenfold. The third position in this ranking was held by Palestine (X tons), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled +199.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+9.8% per year) and Palestine (+53.4% per year).

In value terms, China ($X) emerged as the key foreign market for silica sands (quartz sands or industrial sands) exports from Jordan, comprising 86% of total exports. The second position in the ranking was taken by Qatar ($X), with a 7% share of total exports. It was followed by Palestine, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +147.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-0.7% per year) and Palestine (+33.1% per year).

Export Prices by Country

In 2022, the average silica sand export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($X per ton) and Palestine ($X per ton), while the average price for exports to China ($X per ton) and Qatar ($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 India (+3.7%), while the prices for the other major destinations experienced a decline.

Silica Sand Imports

Imports into Jordan

In 2022, approx. X tons of silica sands (quartz sands or industrial sands) were imported into Jordan; therefore, remained relatively stable against the previous year. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 172%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, silica sand imports declined markedly to $X in 2022. In general, imports posted a slight expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 135%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest silica sand supplier to Jordan, accounting for a 69% share of total imports. Moreover, silica sand imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Free Zones (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Free Zones (+19.5% per year) and Germany (-10.5% per year).

In value terms, the largest silica sand suppliers to Jordan were Saudi Arabia ($X), Germany ($X) and Free Zones ($X), with a combined 87% share of total imports.

Among the main suppliers, Free Zones, with a CAGR of +13.1%, saw the highest rates of growth with regard to 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

The average silica sand import price stood at $X per ton in 2022, with a decrease of -25% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Free Zones ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform