In 2023, the European Sold Production of Silica Sands saw notable variations across countries. Germany led with a production value of €217.08 million, experiencing a modest year-on-year increase of 3.51%. Italy followed closely with €211.34 million, showing a significant surge of 19.92%. France and the Netherlands also registered slight increments of 2.59% and 1.92%, respectively, attaining values of €177.4 million and €114.9 million. Conversely, Spain's production declined by 1.54% to €47.392 million. Other countries like Poland, Austria, and Denmark demonstrated positive growth ranging between 3.55% and 7.95%, whereas Romania, Finland, and Estonia showed minor increases of less than 5%. Notably, Hungary, Greece, Portugal, Bosnia and Herzegovina, and Croatia faced declines, with Portugal experiencing a significant drop of 47.43%.
Future trends to watch for include potential market corrections in countries exhibiting substantial year-on-year increases or decreases. Exploring the driving factors behind Italy’s noticeable growth and Portugal's sharp decline will be crucial. Additionally, the impact of environmental regulations, technological advancements, and shifts in industrial demand on the silica sand market across Europe should be carefully monitored in the coming years.
Top countries in Sold Production of Silica Sands by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 217,080,000 | 2023 | +3.99% | +3.51% | View data |
| 2 | 2 Italy | 211,340,000 | 2023 | +16.88% | +19.92% | View data |
| 3 | 3 France | 177,400,000 | 2023 | +2.62% | +2.59% | View data |
| 4 | 4 Netherlands | 114,900,000 | 2023 | +1.98% | +1.92% | View data |
| 5 | 5 Poland | 68,980,000 | 2023 | +2.43% | +4.02% | View data |
| 6 | 6 Czechia | 61,442,000 | 2023 | |||
| 7 | 7 Spain | 47,392,000 | 2023 | +1.49% | -1.54% | View data |
| 8 | 8 Austria | 39,600,000 | 2023 | +1.62% | +3.55% | View data |
| 9 | 9 Sweden | 38,030,000 | 2023 | +2.61% | +2.96% | View data |
| 10 | 10 Denmark | 37,721,000 | 2023 | +7.48% | +7.95% | View data |
