The value of sold production of silica sands in France has shown a fluctuating trend from 2013 to 2023. Despite occasional drops, such as a 7.46% decrease in 2020, the overall trend shows growth. The CAGR over the last five years up to 2023 stands at 2.59%. The value was 177.4 million Euros in 2023. Forecasts predict continued growth with a CAGR of 1.85% over the next five years, reaching 199.4 million Euros by 2028.
Future trends to watch for:
- Technological advancements in sand extraction and processing.
- Market demand shifts due to industrial and environmental regulations.
- Global supply chain impacts and competitive market dynamics.