Norway: Silica Sand Market 2024

Silica Sand Market Size in Norway

The Norwegian silica sand market expanded rapidly to $X in 2022, surging by 11% against the previous year. In general, consumption, however, recorded a abrupt curtailment. Silica sand consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Silica Sand Production in Norway

In value terms, silica sand production rose markedly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 37%. Silica sand production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Silica Sand Exports

Exports from Norway

In 2022, overseas shipments of silica sands (quartz sands or industrial sands) decreased by -59.5% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 335%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, silica sand exports rose modestly to $X in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 114% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for silica sand exports from Norway, accounting for a 46% share of total exports. It was followed by Germany (X tons), with a 1.4% share of total exports. Canada (X tons) ranked third in terms of total exports with a 1.3% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden amounted to -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-22.2% per year) and Canada (+12.6% per year).

In value terms, Sweden ($X), Germany ($X) and Canada ($X) constituted the largest markets for silica sand exported from Norway worldwide, with a combined 43% share of total exports.

Canada, with a CAGR of +61.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average silica sand export price stood at $X per ton in 2022, rising by 152% against the previous year. Overall, the export price enjoyed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Sweden ($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 Canada (+43.8%), while the prices for the other major destinations experienced more modest paces of growth.

Silica Sand Imports

Imports into Norway

In 2022, approx. X tons of silica sands (quartz sands or industrial sands) were imported into Norway; with an increase of 2.4% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a mild decrease. The pace of growth was the most pronounced in 2015 when imports increased by 33%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, silica sand imports rose modestly to $X in 2022. In general, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.0% against 2017 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 55% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Sweden (X tons), Belgium (X tons) and Denmark (X tons) were the main suppliers of silica sand imports to Norway, together accounting for 43% of total imports. The UK and France lagged somewhat behind, together comprising a further 9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +43.6%), while imports for the other leaders experienced a decline.

In value terms, Sweden ($X) constituted the largest supplier of silica sands (quartz sands or industrial sands) to Norway, comprising 24% of total imports. The second position in the ranking was taken by Denmark ($X), with a 10% share of total imports. It was followed by Belgium, with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-6.9% per year) and Belgium (-7.1% per year).

Import Prices by Country

In 2022, the average silica sand import price amounted to $X per ton, flattening at the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silica sand import price decreased by -6.6% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 51% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, 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 Sweden ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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