Portugal: Construction Sands Market 2024

Construction Sands Market Size in Portugal

The Portuguese construction sands market declined to $X in 2022, reducing by -3.2% against the previous year. Over the period under review, consumption showed a pronounced descent. Construction sands consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Construction Sands Production in Portugal

In value terms, construction sands production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. Construction sands production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Construction Sands Exports

Exports from Portugal

Construction sands exports from Portugal amounted to X tons in 2022, increasing by 2.8% against the previous year. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of 582% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, construction sands exports skyrocketed to $X in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 632%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for construction sands exports from Portugal, with a 98% share of total exports. It was followed by Morocco (X tons), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at +55.8%.

In value terms, Spain ($X) remains the key foreign market for construction sands exports from Portugal, comprising 80% of total exports. The second position in the ranking was held by Morocco ($X), with a 0.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at +52.1%.

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, increasing by 16% against the previous year. In general, the export price, however, recorded a abrupt decline. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+28.8%), while the prices for the other major destinations experienced a decline.

Construction Sands Imports

Imports into Portugal

In 2022, imports of construction sands into Portugal declined rapidly to X tons, shrinking by -24.7% against the previous year's figure. In general, imports showed a noticeable setback. The pace of growth appeared the most rapid in 2019 when imports increased by 80% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, construction sands imports contracted significantly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 91% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of construction sands to Portugal, accounting for a 76% share of total imports. Moreover, construction sands imports from Spain exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), sixfold. Belgium (X tons) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+125.7% per year) and Belgium (-2.3% per year).

In value terms, Spain ($X) constituted the largest supplier of construction sands to Portugal, comprising 78% of total imports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total imports. It was followed by Belgium, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+140.6% per year) and Belgium (+2.7% per year).

Import Prices by Country

In 2022, the average construction sands import price amounted to $X per ton, with an increase of 7.7% against the previous year. Overall, the import price continues to indicate a slight increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 100%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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