Portugal: Natural Sand Market 2024

Natural Sand Market Size in Portugal

The Portuguese natural sand market was estimated at $X in 2023, growing by X% against the previous year. In general, consumption showed a pronounced downturn. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Natural Sand Production in Portugal

In value terms, natural sand production totaled $X in 2023 estimated in export price. Overall, production saw a mild reduction. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Natural Sand Exports

Exports from Portugal

In 2023, after eleven years of growth, there was decline in overseas shipments of natural sands, when their volume decreased by X% to X tons. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2022, and then shrank modestly in the following year.

In value terms, natural sand exports totaled $X in 2023. Over the period under review, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2023 and are likely to see steady growth in the near future.

Exports by Country

Italy (X tons), Spain (X tons) and Greece (X tons) were the main destinations of natural sand exports from Portugal, with a combined X% share of total exports. Morocco, the UK, Turkey, Israel and Algeria lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for natural sands exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Greece (X% per year).

Export Prices by Country

The average natural sand export price stood at $X per ton in 2023, increasing by X% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, natural sand export price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Sand Imports

Imports into Portugal

Natural sand imports into Portugal was estimated at X tons in 2023, surging by X% on 2022 figures. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, natural sand imports rose significantly to $X in 2023. Overall, total imports indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Spain (X tons) was the main natural sand supplier to Portugal, accounting for a approx. X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from Spain stood at X%.

In value terms, Spain ($X) constituted the largest supplier of natural sands to Portugal.

From 2012 to 2023, the average annual rate of growth in terms of value from Spain stood at X%.

Import Prices by Country

The average natural sand import price stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, import price indicated a mild expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, natural sand import price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2023, the rate of growth in terms of prices for Spain amounted to X% per year.

Source: IndexBox Platform