Key Market Indicators
Honduran imports of silica sand are expected to reach 2.72 million kilograms by 2026, up from 2.21 million kilograms in 2021, representing an average growth of 3.5% year-on-year. Since 1999, Honduran demand has increased by 12.5% year-on-year. In 2021, Honduras was ranked 75th in terms of imports, with Montenegro overtaking it with 2.21 million kilograms. Slovenia, Singapore and Belgium were the 2nd, 3rd and 4th ranked countries respectively. Meanwhile, Honduran exports of silica sand are projected to reach 44,370 kilograms by 2026, up from 34,020 kilograms in 2021, representing an average growth of 4.5% year-on-year. Since 2009, Honduran supply has increased by 41.5% year-on-year. In 2021, Honduras was ranked 75th in terms of exports, with Colombia coming in first with 34,020 kilograms. The United States, Belgium and Germany were the 2nd, 3rd and 4th ranked countries respectively.
