Pakistan: Natural Sand Market 2022

Natural Sand Market Size in Pakistan

The Pakistani natural sand market declined modestly to $X in 2021, stabilizing at the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +1.4% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Natural Sand Production in Pakistan

In value terms, natural sand production fell to $X in 2021 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +1.5% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 21% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Natural Sand Exports

Exports from Pakistan

In 2021, overseas shipments of natural sands decreased by -11.7% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2018 with an increase of 75% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, natural sand exports declined significantly to $X in 2021. In general, exports, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2014 when exports increased by 112% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for natural sand exports from Pakistan, with a approx. 97% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +4.7%.

In value terms, China ($X) also remains the key foreign market for natural sand exports from Pakistan.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +5.6%.

Export Prices by Country

The average natural sand export price stood at $X per ton in 2021, with a decrease of -14.5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 41%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +0.9% per year.

Natural Sand Imports

Imports into Pakistan

In 2021, overseas purchases of natural sands increased by 3% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 235%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, natural sand imports dropped to $X in 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 345% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest natural sand supplier to Pakistan, accounting for a 87% share of total imports. Moreover, natural sand imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was taken by Turkey (X tons), with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +86.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+19.0% per year) and Turkey (+51.6% per year).

In value terms, China ($X) constituted the largest supplier of natural sand to Pakistan, comprising 85% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 6.3% share of total imports. It was followed by Turkey, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +89.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+8.4% per year) and Turkey (+51.8% per year).

Import Prices by Country

In 2021, the average natural sand import price amounted to $X per ton, waning by -10.6% against the previous year. In general, the import price saw a mild reduction. The growth pace was the most rapid in 2020 an increase of 33%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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