The Silica Sands and Quartz Sands market in Sweden experienced notable fluctuations from 2012 to 2022. The market value decreased significantly in 2013 by -26.25%, followed by varying degrees of recovery and decline. Notable recovery years include 2017 with a 16% increase and 2021 with a 20.39% increase. However, the overall trend shows a compounded annual growth rate (CAGR) of 0.92% over the last five years, reflecting moderate and stabilizing growth. As of 2023, the market stood steady, consistent with 2022 values, at approximately 38 million USD.
Future trends to watch for in the Silica Sands and Quartz Sands market include:
- Increased demand from renewable energy sectors, particularly solar panel manufacturing.
- Potential improvements in technology and mining practices that could reduce production costs.
- Environmental regulations and sustainability practices impacting mining operations and market dynamics.
| # | 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 |
| 7 | 7 Switzerland | 48,492,000 | 2023 | +0.69% | -0.89% | View data |
| 8 | 8 Austria | 43,789,000 | 2023 | +3.88% | +2.58% | View data |
| 9 | 9 Sweden | 38,085,000 | 2023 | -0.074% | +0.37% | |
| 10 | 10 Portugal | 26,573,000 | 2023 | +7.88% | +9.79% | View data |
| 11 | 11 Israel | 21,966,000 | 2023 | +1.2% | +0.91% | View data |
