Report Update Nov 1, 2024

Singapore - Silica Sands (Quartz Sands or Industrial Sands) - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Silica Sand Market 2024

Silica Sand Market Size in Singapore

In 2022, the Singaporean silica sand market increased by 19% to $X, rising for the second consecutive year after three years of decline. In general, consumption recorded a deep reduction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Silica Sand Exports

Exports from Singapore

In 2022, silica sand exports from Singapore skyrocketed to X tons, increasing by 46% against the previous year. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 1,117% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, silica sand exports skyrocketed to $X in 2022. Overall, exports posted a mild increase. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for silica sand exports from Singapore, with a 65% share of total exports. Moreover, silica sand exports to Australia exceeded the volume sent to the second major destination, India (X tons), threefold. The third position in this ranking was held by Norway (X tons), with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to +45.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+28.8% per year) and Norway (+30.4% per year).

In value terms, Australia ($X) remains the key foreign market for silica sands (quartz sands or industrial sands) exports from Singapore, comprising 54% of total exports. The second position in the ranking was taken by Norway ($X), with a 17% share of total exports. It was followed by India, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to Australia stood at +23.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+14.2% per year) and India (+2.2% per year).

Export Prices by Country

The average silica sand export price stood at $X per ton in 2022, leveling off at the previous year. In general, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 430% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Philippines ($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 Indonesia (-6.4%), while the prices for the other major destinations experienced a decline.

Silica Sand Imports

Imports into Singapore

In 2022, the amount of silica sands (quartz sands or industrial sands) imported into Singapore shrank to X tons, waning by -5.9% compared with 2021. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2017 when imports increased by 25%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, silica sand imports soared to $X in 2022. Over the period under review, imports continue to indicate a abrupt decline. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Malaysia (X tons) was the main supplier of silica sand to Singapore, accounting for a 98% share of total imports. It was followed by India (X tons), with a 1.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Malaysia amounted to -11.6%.

In value terms, Malaysia ($X) constituted the largest supplier of silica sands (quartz sands or industrial sands) to Singapore, comprising 90% of total imports. The second position in the ranking was held by India ($X), with a 5.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia amounted to -8.6%.

Import Prices by Country

In 2022, the average silica sand import price amounted to $X per ton, surging by 46% against the previous year. Over the period under review, the import price enjoyed a measured increase. The growth pace was the most rapid in 2019 when the average import price increased by 69%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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 India ($X per ton), while the price for Malaysia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silica sands (quartz sands or industrial sands) in the world?

The country with the largest volume of silica sand consumption was China, comprising approx. 68% of total volume. Moreover, silica sand consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fivefold. Turkey ranked third in terms of total consumption with a 1.8% share.

What are the largest producers of silica sands (quartz sands or industrial sands) in the world?

China remains the largest silica sand producing country worldwide, comprising approx. 68% of total volume. Moreover, silica sand production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold.

What are the leading suppliers of silica sands (quartz sands or industrial sands) to Singapore?

In value terms, Malaysia constituted the largest supplier of silica sand to Singapore.

What are the leading importers of silica sands (quartz sands or industrial sands) from Singapore?

In value terms, the largest markets for silica sand exported from Singapore were Australia, India and the Philippines, together accounting for 96% of total exports. These countries were followed by the Netherlands, which accounted for a further 1%.

What is the average export price for silica sands (quartz sands or industrial sands) in Singapore?

The average silica sand export price stood at $639 per ton in 2021, shrinking by -9.5% against the previous year.

What is the average import price for silica sands (quartz sands or industrial sands) in Singapore?

In 2021, the average silica sand import price amounted to $13 per ton, picking up by 7.8% against the previous year.

This report provides an in-depth analysis of the silica sand 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 08121150 - Silica sands (quartz sands or industrial 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