Turkey: Construction Sands Market 2024

Construction Sands Market Size in Turkey

In 2022, the Turkish construction sands market increased by 2.1% to $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption saw a relatively flat trend pattern. Construction sands consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Construction Sands Production in Turkey

In value terms, construction sands production dropped to $X in 2022 estimated in export price. Overall, production enjoyed pronounced growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 90%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Construction Sands Exports

Exports from Turkey

In 2022, approx. X tons of construction sands were exported from Turkey; reducing by -22.6% on 2021 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 61% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, construction sands exports contracted to $X in 2022. In general, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 80%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Egypt (X tons), the United States (X tons) and South Africa (X tons) were the main destinations of construction sands exports from Turkey, together comprising 43% of total exports. Iran, Thailand, Mexico, Bahrain, Saudi Arabia, Canada, Chile, Iceland, Azerbaijan and Slovenia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of +100.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for construction sands exports from Turkey, comprising 33% of total exports. The second position in the ranking was taken by Egypt ($X), with a 12% share of total exports. It was followed by South Africa, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +21.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+5.4% per year) and South Africa (-1.6% per year).

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, surging by 20% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, construction sands export price increased by +60.5% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 33% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 the United States ($X per ton), while the average price for exports to Iceland ($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 the United States (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Sands Imports

Imports into Turkey

In 2022, purchases abroad of construction sands decreased by -69.2% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 266% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, construction sands imports declined remarkably to $X in 2022. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 96% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Marshall Islands (X tons) constituted the largest supplier of construction sands to Turkey, with a 70% share of total imports. Moreover, construction sands imports from Marshall Islands exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fivefold. The third position in this ranking was held by the Netherlands (X tons), with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume from Marshall Islands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (0.0% per year) and the Netherlands (+5.6% per year).

In value terms, the Netherlands ($X), Germany ($X) and China ($X) appeared to be the largest construction sands suppliers to Turkey, together accounting for 60% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +18.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average construction sands import price amounted to $X per ton, growing by 29% against the previous year. Overall, the import price, however, saw a mild contraction. The pace of growth appeared the most rapid in 2014 an increase of 150% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Marshall Islands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+49.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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