Report Update Nov 1, 2024

Singapore - Construction Sands - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Construction Sands Market 2024

Construction Sands Market Size in Singapore

After two years of growth, the Singaporean construction sands market decreased by -12.9% to $X in 2022. In general, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Construction Sands Exports

Exports from Singapore

In 2022, construction sands exports from Singapore fell markedly to X tons, waning by -15.4% against 2021. Overall, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2018 with an increase of 182%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, construction sands exports declined slightly to $X in 2022. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2018 when exports increased by 117%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

British Indian Ocean Territory (X tons) was the main destination for construction sands exports from Singapore, with a 62% share of total exports. Moreover, construction sands exports to British Indian Ocean Territory exceeded the volume sent to the second major destination, Malaysia (X tons), fourfold. The third position in this ranking was held by Spain (X tons), with a 7% share.

From 2012 to 2022, the average annual growth rate of volume to British Indian Ocean Territory amounted to -15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-6.9% per year) and Spain (-14.6% per year).

In value terms, Malaysia ($X) remains the key foreign market for construction sands exports from Singapore, comprising 36% of total exports. The second position in the ranking was held by Vietnam ($X), with a 13% share of total exports. It was followed by Spain, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-9.5% per year) and Spain (-4.5% per year).

Export Prices by Country

The average construction sands export price stood at $X per ton in 2022, with an increase of 15% against the previous year. Overall, the export price enjoyed modest growth. The growth pace was the most rapid in 2017 when the average export price increased by 189%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to British Indian Ocean Territory ($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 Maldives (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Sands Imports

Imports into Singapore

After two years of growth, overseas purchases of construction sands decreased by -13.1% to X tons in 2022. Overall, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2020 when imports increased by 18,430% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, construction sands imports soared to $X in 2022. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 404%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X tons) was the main supplier of construction sands to Singapore, accounting for a 99% share of total imports. It was followed by the Philippines (X tons), with a 1.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Malaysia amounted to +55.2%.

In value terms, Malaysia ($X) constituted the largest supplier of construction sands to Singapore, comprising 97% of total imports. The second position in the ranking was held by the Philippines ($X), with a 3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia totaled +107.9%.

Import Prices by Country

The average construction sands import price stood at $X per ton in 2022, rising by 37% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 3,812%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average 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 the Philippines ($X per ton), while the price for Malaysia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+33.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for construction sands in the world?

The country with the largest volume of construction sands consumption was China, comprising approx. 18% of total volume. Moreover, construction sands consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.5% share.

What are the largest producers of construction sands in the world?

The country with the largest volume of construction sands production was China, accounting for 18% of total volume. Moreover, construction sands production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of construction sands to Singapore?

In value terms, Malaysia constituted the largest supplier of construction sands to Singapore.

What are the leading importers of construction sands from Singapore?

In value terms, Malaysia, Indonesia and Iran appeared to be the largest markets for construction sands exported from Singapore worldwide, together accounting for 54% of total exports.

What is the average export price for construction sands in Singapore?

In 2021, the average construction sands export price amounted to $1,168 per ton, declining by -8% against the previous year.

What is the average import price for construction sands in Singapore?

In 2021, the average construction sands import price amounted to $25 per ton, declining by -8.8% against the previous year.

This report provides an in-depth analysis of the construction sands market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08121190 - Construction sands such as clayey sands, kaolinic sands, f eldspathic sands (excluding silica sands, metal bearing sands)

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023