The Silica Sands and Quartz Sands market in Israel reached a value of 21.966 Million US Dollars in 2023. Over the past decade, the market has experienced fluctuating growth, with both significant gains and losses. Specifically, the market saw notable growth peaks in 2016 and 2021 due to increased demand, followed by periods of contraction. The year-on-year growth for 2022 was 1.24%, and in 2023 it was 1.2%. The compound annual growth rate over the last five years was 0.91%, indicating moderate stabilization after previous volatility.
Future trends to watch for:
- Technological advancements in production and processing capabilities.
- Shifts in environmental regulations impacting production and demand.
- Global supply chain adaptations influencing Israel's market dynamics.
- Potential increases in construction and industrial applications driving demand.
| # | 16 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 388,160,000 | 2023 | -2.98% | -2.26% | View data |
| 2 | 2 Italy | 241,660,000 | 2023 | +0.45% | -0.24% | View data |
| 3 | 3 Germany | 212,980,000 | 2023 | +1.69% | +0.99% | View data |
| 4 | 4 South Korea | 184,000,000 | 2023 | +1.1% | +1.79% | View data |
| 5 | 5 France | 120,610,000 | 2023 | +0.76% | +0.15% | View data |
| 9 | 9 Sweden | 38,085,000 | 2023 | -0.074% | +0.37% | View data |
| 10 | 10 Portugal | 26,573,000 | 2023 | +7.88% | +9.79% | View data |
| 11 | 11 Israel | 21,966,000 | 2023 | +1.2% | +0.91% | |
| 12 | 12 Greece | 17,930,000 | 2023 | +0.64% | -0.34% | View data |
| 13 | 13 Morocco | 10,844,000 | 2023 | -0.93% | -0.86% | View data |
