Argentina: Silica Sand Market 2024

Silica Sand Market Size in Argentina

The Argentinian silica sand market was estimated at $X in 2022, with an increase of 3.8% against the previous year. In general, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.5% against 2018 indices. Silica sand consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Silica Sand Production in Argentina

In value terms, silica sand production totaled $X in 2022 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.9% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 92% against the previous year. Silica sand production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Silica Sand Exports

Exports from Argentina

In 2022, the amount of silica sands (quartz sands or industrial sands) exported from Argentina reached X tons, standing approx. at the previous year's figure. Over the period under review, exports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 21% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, silica sand exports rose slightly to $X in 2022. In general, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 8% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X tons) was the main destination for silica sand exports from Argentina, accounting for a 78% share of total exports. Moreover, silica sand exports to Chile exceeded the volume sent to the second major destination, Uruguay (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Chile stood at -11.2%.

In value terms, Chile ($X) remains the key foreign market for silica sands (quartz sands or industrial sands) exports from Argentina, comprising 74% of total exports. The second position in the ranking was held by Uruguay ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile stood at -9.4%.

Export Prices by Country

In 2022, the average silica sand export price amounted to $X per ton, standing approx. at the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 22%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Chile stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Silica Sand Imports

Imports into Argentina

Silica sand imports into Argentina surged to X tons in 2022, growing by 41% against the previous year. Over the period under review, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of 128%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, silica sand imports soared to $X in 2022. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 514%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of silica sand to Argentina, with a 87% share of total imports. Moreover, silica sand imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +13.0%.

In value terms, the United States ($X) constituted the largest supplier of silica sands (quartz sands or industrial sands) to Argentina, comprising 93% of total imports. The second position in the ranking was held by Brazil ($X), with a 3.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +13.3%.

Import Prices by Country

In 2022, the average silica sand import price amounted to $X per ton, picking up by 8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 199% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 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 United States ($X per ton), while the price for Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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