Key Market Indicators
Sales of Hungarian silica sand are forecast to reach around €5.1 million by 2026, down from €6.1 million in 2021. This reflects a year-on-year average decline of 3.1%. Since 2006, the Hungarian market has seen year-on-year growth of 0.8%. In 2021, Hungary was ranked 16th; Portugal was one place higher with €6.1 million. Germany, France and the Netherlands took the second, third and fourth spots. Exports of Hungarian silica sand are expected to reach 603.8 million kilograms by 2026, up from 512.5 million kilograms in 2021. This represents a year-on-year average growth of 2.8%. Since 1997, Hungarian supply has risen by 1.4% annually. In 2021, Hungary was ranked 10th; Portugal was one place higher with 512.5 million kilograms. The United States, Belgium and Germany held the second, third and fourth spots. Imports of Hungarian silica sand are projected to reach 142.9 million kilograms by 2026, up from 120.6 million kilograms in 2021. This reflects a year-on-year average growth of 2.9%. Since 1997, Hungarian demand has seen year-on-year growth of 2.2%. In 2021, Hungary was ranked 30th; Kyrgyzstan was one place higher with 120.6 million kilograms. Slovenia, Singapore and Belgium took the second, third and fourth spots.