Chile: Natural Sand Market 2022

Natural Sand Market Size in Chile

In 2021, after four years of decline, there was growth in the Chilean natural sand market, when its value increased by 0.1% to $X. Over the period under review, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 6.9%. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Natural Sand Production in Chile

In value terms, natural sand production reached $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 8.2% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Natural Sand Exports

Exports from Chile

In 2021, approx. X tons of natural sands were exported from Chile; dropping by -4.8% compared with the previous year's figure. Over the period under review, exports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 81% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, natural sand exports skyrocketed to $X in 2021. In general, exports, however, posted prominent growth. The growth pace was the most rapid in 2015 with an increase of 91%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for natural sand exports from Chile, accounting for a 93% share of total exports. It was followed by Mexico (X tons), with a 2.6% share of total exports. Panama (X tons) ranked third in terms of total exports with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+232.9% per year) and Panama (+144.9% per year).

In value terms, the United States ($X) remains the key foreign market for natural sand exports from Chile, comprising 85% of total exports. The second position in the ranking was held by Mexico ($X), with a 7.5% share of total exports. It was followed by Panama, with a 0.9% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (0.0% per year) and Panama (+71.7% per year).

Export Prices by Country

The average natural sand export price stood at $X per ton in 2021, growing by 94% against the previous year. Overall, the export price showed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.4%), while the prices for the other major destinations experienced a decline.

Natural Sand Imports

Imports into Chile

In 2021, overseas purchases of natural sands were finally on the rise to reach X tons after two years of decline. Overall, total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 55% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, natural sand imports expanded rapidly to $X in 2021. Over the period under review, imports, however, showed a slight curtailment. The growth pace was the most rapid in 2018 with an increase of 35%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Argentina (X tons), Brazil (X tons) and Peru (X tons) were the main suppliers of natural sand imports to Chile, together accounting for 84% of total imports. Turkey, Germany, the United States and Spain lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +67.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and Germany ($X) were the largest natural sand suppliers to Chile, together comprising 66% of total imports. These countries were followed by the United States, Peru, Turkey and Spain, which together accounted for a further 22%.

Turkey, with a CAGR of +78.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average natural sand import price stood at $X per ton in 2021, with a decrease of -14.3% against the previous year. Overall, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2013 an increase of 17%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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