Key Market Indicators
Armenian import of silica sand is projected to reach 40 million kilograms by 2026, a 2% year-on-year growth rate from the 35.5 million kilograms in 2021. Since 2002, demand has seen a 20% annual increase. Armenia ranked 44th in 2021, with Argentina in the lead at 35.5 million kilograms. Slovenia, Singapore, and Belgium were second, third, and fourth respectively. Export of Armenian silica sand is set to reach 8.9 thousand kilograms by 2026, with an average year-on-year growth rate of 3.2%. Since 2009, supply has risen by 71.3% annually. Armenia was 84th in 2021, with Azerbaijan at the top with 7.3 thousand kilograms. The United States, Belgium, and Germany placed second, third, and fourth respectively.