The forecast for the import of silica sands and quartz sands to Sweden shows a consistently slight decline in value from 2024 to 2028, starting at 11.499 million US dollars in 2024 and gradually reducing to 11.284 million US dollars by 2028. In 2023, the value stood at 11.555 million US dollars, marking a stable but slightly decreasing trend over the forecasted period. The year-on-year variation indicates minor declines: approximately -0.48% from 2024 to 2025, -0.48% from 2025 to 2026, -0.47% from 2026 to 2027, and -0.46% from 2027 to 2028. The average compound annual growth rate (CAGR) for the period from 2023 to 2028 is around -0.47%, reflecting a slight but consistent downtrend.
Future trends to watch for:
- Potential market shifts due to technological advancements in extraction and processing.
- Environmental policies impacting import volumes and sourcing countries.
- Economic factors and industrial demand changes within Sweden's construction and glass manufacturing sectors.
