Natural Sand Price in Estonia - 2023

Contents:

  1. Natural Sand Price in Estonia (CIF) - 2022
  2. Natural Sand Price in Estonia (FOB) - 2022
  3. Natural Sand Imports in Estonia
  4. Natural Sand Exports in Estonia

Natural Sand Price in Estonia (CIF) - 2022

In 2022, the average natural sand import price amounted to $369 per ton, growing by 275% against the previous year. Overall, the import price saw a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($586 per ton), while the price for Denmark ($65 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Natural Sand Price in Estonia (FOB) - 2022

The average natural sand export price stood at $998 per ton in 2022, jumping by 650% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($1,753 per ton), while the average price for exports to Finland ($287 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Sand Imports in Estonia

After three years of growth, supplies from abroad of natural sands decreased by -81.3% to 1.9K tons in 2022. Over the period under review, imports saw a sharp setback. The growth pace was the most rapid in 2020 when imports increased by 1.7%.

In value terms, natural sand imports fell remarkably to $715K in 2022. Overall, imports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 with an increase of 16%.

Import of Natural Sand in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland16315627131324.3%
Germany1581551491886.0%
Finland19312.045.071.6-28.1%
Latvia10.617125764.382.4%
Lithuania18.444.152.536.025.1%
Denmark33.439.442.119.4-16.6%
Belgium16520810812.4-57.8%
Others61.914691.59.3-46.8%
Total8039311,015715-3.8%

Top Suppliers of Natural Sand to Estonia in 2022:

  1. Poland (783.8 tons)
  2. Germany (321.5 tons)
  3. Denmark (299.8 tons)
  4. Finland (261.0 tons)
  5. Latvia (159.9 tons)
  6. Lithuania (64.1 tons)
  7. Belgium (12.6 tons)

Natural Sand Exports in Estonia

In 2022, shipments abroad of natural sands decreased by -89.5% to 188 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 397% against the previous year.

In value terms, natural sand exports reduced remarkably to $188K in 2022. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 286% against the previous year. As a result, the exports attained the peak of $263K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Natural Sand in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia46.017811412840.7%
Lithuania17.133.440.859.951.9%
Finland4.216.43.00.2-63.8%
PolandN/A20.10.1N/A-99.5%
United Arab EmiratesN/AN/A40.4N/A0%
Others0.914.840.60.1-51.9%
Total68.126323918840.3%

Top Export Markets for Natural Sand from Estonia in 2022:

  1. Latvia (153.3 tons)
  2. Lithuania (34.2 tons)
  3. Finland (0.6 tons)

Source: IndexBox Market Intelligence Platform

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