Pakistan: Construction Sands Market 2024

Construction Sands Market Size in Pakistan

The Pakistani construction sands market declined to $X in 2022, reducing by -12.2% against the previous year. In general, consumption saw a noticeable setback. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Construction Sands Production in Pakistan

In value terms, construction sands production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by 40%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Construction Sands Exports

Exports from Pakistan

In 2022, construction sands exports from Pakistan dropped dramatically to X tons, reducing by -49.2% on 2021 figures. Overall, exports, however, posted buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 5,794%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, construction sands exports dropped rapidly to $X in 2022. In general, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 12,511%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for construction sands exports from Pakistan, with a 85% share of total exports. Moreover, construction sands exports to China exceeded the volume sent to the second major destination, Maldives (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +18.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (-9.7% per year) and Tanzania (-30.8% per year).

In value terms, China ($X) remains the key foreign market for construction sands exports from Pakistan, comprising 74% of total exports. The second position in the ranking was held by Maldives ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China totaled +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (-6.1% per year) and Tanzania (-26.9% per year).

Export Prices by Country

The average construction sands export price stood at $X per ton in 2022, remaining stable against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 114%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to China ($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 Tanzania (+5.7%).

Construction Sands Imports

Imports into Pakistan

In 2022, approx. X tons of construction sands were imported into Pakistan; rising by 132% against 2021 figures. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2014 with an increase of 183%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, construction sands imports skyrocketed to $X in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2019 with an increase of 247%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest construction sands supplier to Pakistan, accounting for a 85% share of total imports. Moreover, construction sands imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +99.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+46.1% per year) and Turkey (+56.8% per year).

In value terms, China ($X) constituted the largest supplier of construction sands to Pakistan, comprising 89% of total imports. The second position in the ranking was held by Germany ($X), with a 6.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +101.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+39.2% per year) and Turkey (+46.2% per year).

Import Prices by Country

In 2022, the average construction sands import price amounted to $X per ton, which is down by -15.5% against the previous year. Over the period under review, the import price continues to indicate a slight setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 134%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then contracted sharply in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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