Hungary - Silica Sands (Quartz Sands Or Industrial Sands) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Silica Sands (Quartz Sands Or Industrial Sands) - Market Analysis, Forecast, Size, Trends And Insights

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Silica Sand Price in Hungary - 2023

Contents:

  1. Silica Sand Price in Hungary (CIF) - 2023
  2. Silica Sand Price in Hungary (FOB) - 2022
  3. Silica Sand Imports in Hungary
  4. Silica Sand Exports in Hungary

Silica Sand Price in Hungary (CIF) - 2023

The average silica sand import price stood at $103 per ton in July 2023, picking up by 11% against the previous month. Overall, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in October 2022 an increase of 154% against the previous month. The import price peaked at $128 per ton in January 2023; however, from February 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($432 per ton), while the price for Romania ($42.0 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Silica Sand Price in Hungary (FOB) - 2022

In 2022, the average silica sand export price amounted to $9.4 per ton, flattening at the previous year. Overall, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 17%. Over the period under review, the average export prices attained the maximum at $44 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($20 per ton), while the average price for exports to Austria ($6.2 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 Bosnia and Herzegovina (-6.5%), while the prices for the other major destinations experienced a decline.

Silica Sand Imports in Hungary

In 2022, purchases abroad of silica sands (quartz sands or industrial sands) decreased by -3.5% to 81K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 3.2% against the previous year. As a result, imports attained the peak of 106K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, silica sand imports expanded to $5.8M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silica Sand in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia3348681,2181,41161.7%
Czech Republic8457801,2451,0577.7%
Germany982643676696-10.8%
Poland2,2101,561967617-34.6%
Romania3302313603946.1%
Austria15420432222112.8%
Italy1821461871982.8%
Others4031,0916071,20944.2%
Total5,4425,5245,5825,8022.2%

Top Suppliers of Silica Sand to Hungary in 2022:

  1. Romania (29.5K tons)
  2. Slovakia (22.6K tons)
  3. Czech Republic (10.0K tons)
  4. Poland (7.7K tons)
  5. Germany (3.7K tons)
  6. Austria (2.9K tons)
  7. Italy (2.0K tons)

Silica Sand Exports in Hungary

In 2022, exports of silica sands (quartz sands or industrial sands) from Hungary expanded sharply to 545K tons, picking up by 7.7% compared with the year before. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 102% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, silica sand exports expanded remarkably to $5.1M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Silica Sand in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1,2011,8741,7912,30924.3%
Croatia8425501,3051,70026.4%
Slovakia3852068043880.3%
Slovenia66.165.315522550.4%
Bosnia and Herzegovina18497.61142013.0%
Others393323604318-6.8%
Total3,0703,1164,7725,14018.7%

Top Export Markets for Silica Sand from Hungary in 2022:

  1. Austria (373.4K tons)
  2. Croatia (83.1K tons)
  3. Slovakia (50.9K tons)
  4. Slovenia (22.0K tons)
  5. Bosnia and Herzegovina (10.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silica sand market in Hungary. 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:

  • Hungary

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hungary
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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