Malaysia: Construction Sands Market 2024

Construction Sands Market Size in Malaysia

The Malaysian construction sands market stood at $X in 2022, surging by 1.9% against the previous year. In general, consumption, however, recorded a mild decrease. Construction sands consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Construction Sands Production in Malaysia

In value terms, construction sands production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the production volume increased by 10% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Construction Sands Exports

Exports from Malaysia

In 2022, approx. X tons of construction sands were exported from Malaysia; with an increase of 31% compared with the previous year. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of 655%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, construction sands exports skyrocketed to $X in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 373% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for construction sands exports from Malaysia, accounting for a 97% share of total exports. It was followed by Maldives (X tons), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Singapore totaled +147.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+25.7% per year) and Hong Kong SAR (-0.9% per year).

In value terms, Singapore ($X) remains the key foreign market for construction sands exports from Malaysia, comprising 68% of total exports. The second position in the ranking was held by Maldives ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled +64.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+34.1% per year) and Hong Kong SAR (+19.1% per year).

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+20.0%), while the prices for the other major destinations experienced mixed trend patterns.

Construction Sands Imports

Imports into Malaysia

After two years of decline, overseas purchases of construction sands increased by 9.5% to X tons in 2022. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 132% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, construction sands imports dropped to $X in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 222%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

China (X tons), Australia (X tons) and India (X tons) were the main suppliers of construction sands imports to Malaysia, together accounting for 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +26.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Australia ($X) constituted the largest construction sands suppliers to Malaysia, with a combined 71% share of total imports. Thailand, Germany, Taiwan (Chinese), Turkey and Japan lagged somewhat behind, together comprising a further 18%.

Among the main suppliers, Turkey, with a CAGR of +53.8%, recorded 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 2022, the average construction sands import price amounted to $X per ton, reducing by -14.9% against the previous year. In general, the import price, however, posted strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 148% against the previous year. The import price peaked at $X per ton in 2021, and then fell in the following year.

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 ($X per ton), while the price for Australia ($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 (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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