Asia-Pacific: Natural Sand Market 2022

Natural Sand Market Size in Asia-Pacific

The Asia-Pacific natural sand market reduced modestly to $X in 2021, approximately equating the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Natural Sand Production in Asia-Pacific

In value terms, natural sand production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production saw a slight downturn. The growth pace was the most rapid in 2015 with an increase of 19% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Natural Sand Exports

Exports in Asia-Pacific

For the fifth year in a row, Asia-Pacific recorded growth in overseas shipments of natural sands, which increased by 1,356% to X tons in 2021. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural sand exports soared to $X in 2021. Overall, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, accounting for X tons, which was approx. 87% of total exports in 2021. It was distantly followed by Malaysia (X tons), comprising an 8.2% share of total exports. Australia (X tons) held a minor share of total exports.

China was also the fastest-growing in terms of the natural sands exports, with a CAGR of +56.5% from 2012 to 2021. At the same time, Malaysia (+48.1%) and Australia (+6.4%) displayed positive paces of growth. China (+58 p.p.) and Malaysia (+3.7 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -24.3% from 2012 to 2021, respectively.

In value terms, China ($X) emerged as the largest natural sand supplier in Asia-Pacific, comprising 78% of total exports. The second position in the ranking was taken by Australia ($X), with a 13% share of total exports.

In China, natural sand exports increased at an average annual rate of +54.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (+2.9% per year) and Malaysia (+18.8% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, which is down by -73.9% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the export price increased by 94%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Australia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the other leaders experienced a decline in the export price figures.

Natural Sand Imports

Imports in Asia-Pacific

In 2021, after two years of decline, there was significant growth in overseas purchases of natural sands, when their volume increased by 38% to X tons. Over the period under review, imports recorded tangible growth. The most prominent rate of growth was recorded in 2018 when imports increased by 268% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, natural sand imports rose modestly to $X in 2021. Total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -17.1% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 110% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons) and Singapore (X tons) represented the main importers of natural sands in 2021, accounting for approx. 27% and 20% of total imports, respectively. Thailand (X tons) ranks next in terms of the total imports with a 12% share, followed by Taiwan (Chinese) (11%), Japan (8%), South Korea (7.4%) and Hong Kong SAR (4.8%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +44.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported natural sands in Asia-Pacific, comprising 33% of total imports. The second position in the ranking was held by Japan ($X), with an 11% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

In China, natural sand imports expanded at an average annual rate of +9.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (-5.7% per year) and Taiwan (Chinese) (-3.9% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, reducing by -25.5% against the previous year. Overall, the import price saw a slight contraction. The most prominent rate of growth was recorded in 2019 an increase of 58% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2020, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.4%), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform

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