Market analysis of natural sand in India
The relevance of research
The range of application of sand is quite wide - from construction to medicine. The bulk of the sand is mined for the manufacture of concrete. At the same time, asphalt is 90% of this rock, sand is also widely used in the production of glass and the extraction of natural gas or oil.
Purpose of the study
Analysis of the state of the natural sand market, assessment of the market size, analysis of competitors, as well as identification of factors affecting the natural sand market
Content
Part 1. Overview of the Indian Natural Sand Market
1.1. Main characteristics of the market
1.2. Dynamics of the market volume of natural sand 2015-2019 Potential market capacity
1.3. Assessment of factors affecting the market
1.4. Natural Sand Market Life Cycle Stage
1.5. Competition from substitute products
Part 2. Competitive analysis in the natural sand market
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of natural sand production
3.1. Volume and dynamics of domestic production of natural sand
3.2. Share of exports in natural sand production
3.3. Segmentation of natural sand production by region
3.3.1. Production by Union Territories
3.3.2. Production by states of India
Part 4. Analysis of foreign trade supplies of natural sand
4.1. The volume and dynamics of imports of natural sand
4.2. Import structure
4.3. The volume and dynamics of natural sand exports
4.4. Export structure
Part 5. Natural Sand Consumption Analysis
5.1. Dynamics of consumption of natural sand
5.2. Analysis of the results of tenders for the purchase
Part 6. Price Analysis
6.1. Average producer prices by union territories
6.2. Average consumer prices by states in India
Part 7. Assessment of factors of investment attractiveness of the market
Part 8. Forecast for the development of the natural sand market until 2024
Part 9. Recommendations and conclusions
Research excerpt
Part 1. Overview of the Indian Natural Sand Market
1.1. Main characteristics of the market
Sand is one of the most common materials. The size of one grain of sand varies from ...
According to a report… over the past 20 years, the demand for sand and gravel… The extraction of sand, the third most used resource on the planet after air and water, has been on the rise…
The range of application of sand is quite wide - from ... At the same time, asphalt for ...% consists of this rock, sand is also widely used in the production ... In the Indian market, ... sands are in the lead in production with a share of ...%.
The Indian natural sand market is dominated by … products. In the analyzed period, the share of domestic products is …% of the market volume. This is primarily due to the restrictions imposed ...
1.2. Dynamics of the market volume of natural sand 2015-2019 Potential market capacity
Consider the dynamics of the volume of the natural sand market in India. In general, over the period under review, the market volume increased by …% and amounted to … thousand m3. The maximum volume of the natural sand market fell on … year with an indicator of … thousand m3.
Relative to 2018, the market … by …% in 2019 due to …
Consumption of sand, taking into account urbanization around ... Already now ... consumes more sand than it has its own reserves, and ... imports it - mainly from ...
...
The demand for sand and gravel for the construction of buildings and streets, according to some estimates, will grow worldwide by …% annually. The potential capacity of the natural sand market …, however, will be restrained… GidMarket analysts estimate the potential capacity of the natural sand market at … thousand m3.
The significant increase in the volume of housing and road construction envisaged by the national projects may lead to an increase ...
The state of the building materials industry now depends ...
Throughout the period under review … Union Territories is the leader in terms of revenue with shares within …%. In 2019, …% of the revenue from the sale of natural sand comes from this district. The share of … in the Union Territories in 2019 amounted to …%, the maximum value was in 2017 – …%. … Union Territories entered the top three only in 2019 with a share of …%. In 2015-2018 the third line was occupied by ... the Union Territories.
Diagram 4. Revenue (net) from the sale of natural sand by union territories for 2015-2019, %
1.3. Assessment of factors affecting the market
Consider the main factors affecting the market and, accordingly, demand.
Economic
GDP dynamics
Data on the dynamics of GDP is a macroeconomic indicator that reflects the market value of all final goods and services (that is, intended for direct consumption) produced per year in all sectors of the economy on the territory of the state for consumption, export and accumulation.
The dynamics of India's GDP is decisive in the vector of development of the entire economy of the country and determines the key trends in consumer effective demand and economic activity.
As shown in the diagram, for the period 2013-2014. observed … annual GDP growth, and in 2015-2016. GDP dynamics moved into the ... zone. On the whole, the decline in GDP is a very serious symptom; against its background, a significant part of business processes in the country slowed down.
According to the results of 2017 - 2019 GDP dynamics …, but, …
Diagram 5. Dynamics of India's GDP, % to the previous year, 2012-2019
According to Rosstat, in 2019 the GDP growth rate amounted to …%. The Ministry of Economic Development estimated India's GDP growth in the first quarter of 2020 at …%. The coronavirus situation...
The head of the Bank of India, Elvira Nabiullina, announced on April 10, 2020 that the dynamics of India's GDP in 2020 will be …
The fall in GDP dynamics has … an impact on the market.
...
technological
...
Political
...
Social (demographic)
...
Table 1. STEP analysis of factors affecting the natural sand market
According to the results of the performed STEEP-analysis, macro-environmental factors have a greater influence on the development of the natural sand market.
… have a negative impact on the natural sand market, curbing demand for …
… have a positive effect on the market, however, the introduction of new technologies requires …
Common…
...
1.4. Natural Sand Market Life Cycle Stage
The natural sand market is in the... stage... the longest of all life cycle stages. It is built on consumption...
The level of competition in the natural sand market has become…
The natural sand market has reached …
1.5. Competition from substitute products
...
Part 2. Competitive analysis in the natural sand market
2.1. Major players in the market
Industrial extraction of sand is carried out both by enterprises specializing in this activity, and ... Associated extraction of gravel, sand and clay is carried out by ...
The largest sand deposits in India are located in …, …, … regions, as well as in …
In … the region, sand from quarries is most valued in ... River and sea sand is mined mainly from …
2.2. Market shares of the largest competitors
According to the results of 2019, OJSC “…” is the leader in terms of revenue from sales of natural sand with a market share, according to GidMarket, …%. The second place is occupied by “…” with a share of …%. Followed by … - …%. Rounding out the top five...
Followed by…
In terms of competitive concentration, the market belongs to ... (Herfindahl-Hirschman index (HHI ...). Mergers and acquisitions ...
2.3. Profiles of major players
...
Part 3. Analysis of natural sand production
3.1. Volume and dynamics of domestic production of natural sand
Natural sand production in India in 2015-2019 shows ... a trend. For five years, it was possible to ... by ... thousand m3 or by ...%. Production in 2019 fell by …% compared to the previous year due to a reduction in production in …
The TOP-5 largest natural sand producers in terms of revenue include …, Bogaevsky Quarry JSC, …, … and … The GidMarket company estimates that in 2019 the total revenue of the TOP-5 natural sand producers amounted to … billion Rs. , having increased relative to 2018 by …%.
Diagram 15. Dynamics of the total revenue of the largest producers (TOP-5) of natural sand in India, 2015-2019, million Rs.
3.2. Share of exports in natural sand production
The share of exports in the production of natural sand …and is within …%, which is extremely …
3.3. Segmentation of natural sand production by region
3.3.1. Production by Union Territories
According to the results of 2019, the largest volume of production among all federal districts falls on … federal district with … thousand m3 of natural sand.
The second place is occupied by … the federal district with the index of … thousand m3, the third – … – … thousand m3. Together, these federal districts account for …% of the Indian production volume. The share of federal districts in production is enough ...
In the first quarter of 2020, the volume of natural sand production in India amounted to … thousand m3, which is … the indicator for the same period in 2018 by …%.
3.3.2. Production by states of India
According to the results of 2019, the largest natural sand producing states in India were … region with a share of …%, … region – …% and … region with a share of …%. Then, in descending order of shares, follow … (…%), .. Other states account for …% of natural sand production.
Chart 17. Natural sand production in India by states of India, %, 2019
Part 4. Analysis of foreign trade supplies of natural sand
4.1. The volume and dynamics of imports of natural sand
The volume of natural sand imports to Russia in 2019 amounted to … thousand tons, … by …% compared to 2018. Every year, Indian authorities introduce ... In 2019, restrictions ...
In value (dollar) terms, the volume of imports of natural sand in 2019 amounted to … million US dollars, which is by …% … the level of 2018 and by …% … the level of 2015.
During the analyzed period, in ruble terms, the import of natural sand in India … from … mln Rs. in 2015 to … million Rs. in 2019
4.2. Import structure
In the structure of natural sand imports by importing countries in 2019, the key supplier is …, which accounts for …% of all imported natural sand. Natural sand is also supplied to India by … (share …%), …
4.3. The volume and dynamics of natural sand exports
After ... in 2016-2017, in 2018-2019 the volume of export deliveries of natural sand from India shows … dynamics. At the end of 2019, the export volume of natural sand amounted to … thousand tons, which is by …% … of the export volume in 2018 and by …% … of the volume of 2015. The sharp … export by …% is due to …
In dollar terms, the volume of exports of natural sand from India in 2019 amounted to …
In ruble terms, the volume of exports of natural sand from India in 2019 amounted to … million Rs., which is by …% … the level of 2015.
Foreign trade balance in the natural sand market in 2015-2019 is located in the zone ... In 2019, due to the development of the export direction from India, the balance amounted to … mln Rs.
Diagram 22. Balance of exports and imports, 2015-2019, million Rs.
4.4. Export structure
The main volume of natural sand, in value terms, exported from India in 2019 is supplied to … (…%), … (…%), …
Also natural sand from India is exported to … (…%), USA (…%), Uzbekistan (…%), Turkmenistan (…%), Bulgaria (…%), Armenia (…%) and India (…%). India sends …% of natural sand to other countries.
Part 5. Natural Sand Consumption Analysis
5.1. Dynamics of consumption of natural sand
The volume of consumption of natural sand per capita for the study period … by …%. The greatest growth took place in … year, when the economic situation …
5.2. Analysis of the results of tenders for the purchase
From Jan. 2019 to Mar 2020 about … thousand contracts for the supply of natural sand were signed. The customers are mainly ... It should be noted that in procurement, in addition to natural sand, the delivery of ...
Due to the large number of tenders for the purchase of natural sand, completed tenders with contract amounts of more than Rs 50 million are included in the table.
Among the regions of natural sand supply, … (…%) is in the lead. This is followed by … area (…%), …
Diagram 25. Shares of natural sand supply regions by the number of tenders with a contract value of more than 50 million Rs., concluded in January. 2019 - Mar. 2020, %
Among the customers of natural sand by the number of tenders, with contracts concluded in January. 2019-Mar. 2020 with an amount of more than 50 million Rs., the leaders are “…” LLC with a share of …%, JSC “…” …%, … – …% and ..
More about the leaders among customers:
...
Part 6. Price Analysis
6.1. Average producer prices by union territories
According to …, the average producer price for quartz sand in India at the end of 2019 was … Rs./m3. Growth over a three-year period amounted to …%. Producer prices are the most expensive in the … federal district – … Rs./m3 in 2019
Quartz sand is the most valuable for construction, since other types are not strong enough and unstable to chemical attack. The purest material is river mining. It is the most popular and expensive, due to the complexity of its production.
Average producer prices for building sand for 2017-2019 grew by …% in 2019 and amounted to … Rs./m3. The most expensive construction sand is in … the federal district – … Rs./m3. The cheapest in … – … Rs./m3.
This analysis does not include shipping costs. One of the most financially advantageous options is ... a method of delivering natural sand. This method is often used for…
6.2. Average consumer prices by states in India
GidMarket analysts have determined consumer prices for natural sand based on data ... The average cost of natural sand in India in April. 2020 is … Rs./50 kg.
The highest consumer prices in … (… Rs./50kg), …
The main factor affecting the cost of natural sand is …
If the sand is not purified, then it contains ...
Part 7. Assessment of factors of investment attractiveness of the market
… factors of the investment climate of the natural sand market in India dominate over ... A comprehensive assessment of the factors of investment attractiveness is ... points - ... investment climate. The assessment of investment attractiveness was made for private companies considering the possibility of entering the market.
The most significant negative factors. …
The most significant positive factors. …
Part 8. Forecast for the development of the natural sand market until 2024
...
Part 9. Recommendations and conclusions
...
Diagrams
Chart 1. Shares of natural sand production in India, 2019, %
Diagram 2. The ratio of imported and domestic products in the natural sand market, 2015-2019,%
Diagram 3. Dynamics of the volume of the natural sand market, 2015 - 2019, thousand m3
Diagram 4. Revenue (net) from the sale of natural sand by union territories for 2015-2019, %
Diagram 5. Dynamics of India's GDP, % to the previous year, 2012-2019
Diagram 6. Dynamics of real incomes of the population of India, % to the previous year, 2012-2019
Chart 7. Monthly dynamics of the US dollar against the rupee, 2015-April 2020, Rs. for 1 US dollar
Chart 8. Number of residential buildings commissioned in India, 2015-2019, mln m2
Diagram 9. The number of repaired public roads of federal, regional or intermunicipal significance with a hard surface, 2015-2019, km
Diagram 10. Production of ready-mixed concrete in India, 2015-2019, thousand m3
Chart 11. Flat glass production in India, 2017-2019, thousand m3
Diagram 12. Dynamics of the population of India, million people, as of 01 Jan. 2012-2020
Diagram 13. Shares of the largest competitors in the natural sand market in 2019
Diagram 14. Dynamics of natural sand production in India for 2015 - 2019, thousand m3
Diagram 15. Dynamics of the total revenue of the largest producers (TOP-5) of natural sand in India, 2015-2019, million Rs.
Diagram 16. The share of exports in production for 2015–2019, %
Chart 17. Natural sand production in India by states of India, %, 2019
Diagram 18. Volume and dynamics of imports of natural sand in physical terms, 2015-2019, tons
Diagram 19. The volume and dynamics of imports of natural sand in monetary terms, 2015-2019, thousand US dollars
Diagram 20. Dynamics of export of natural sand in physical terms, 2015-2019, tons
Diagram 21. Dynamics of export of natural sand in monetary terms, 2015-2019, thousand US dollars
Diagram 22. Balance of exports and imports, 2015-2019, million Rs.
Chart 23. Structure of exports by countries in 2019, %
Diagram 24. Dynamics of consumption of natural sand in monetary terms, 2015 - 2019, Rs./person
Diagram 25. Shares of natural sand supply regions by the number of tenders with a contract value of more than 50 million Rs., concluded in January. 2019 - Mar. 2020, %
Diagram 26. Shares of natural sand customers by the number of tenders with a contract value of more than 50 million Rs., concluded in January. 2019 - Mar. 2020, %
Diagram 27. Forecast of the volume of the natural sand market in the absence of a second outbreak of coronavirus, 2020-2024, million m3
Diagram 28. Forecast of the volume of the natural sand market during the repeated outbreak of coronavirus, 2020-2024, mln m3
Tables
Table 1. STEEP analysis of factors affecting the natural sand market
Table 2. Main companies participating in the natural sand market in 2019
Table 3. Profiles of companies participating in the natural sand market in 2019
Table 4. Dynamics of natural sand production in India by union territories, 2015-Mar. 2020, thousand m3
Table 5. Structure of natural sand imports by importing countries in 2019
Table 6. Data on completed tenders for the purchase of natural sand, with contracts signed in Jan. 2019 - Mar. 2020 with a contract amount of more than 50 million Rs.
Table 7. Average producer prices for quartz sand across the Union Territories, 2017-Mar.2020, Rs./m3
Table 8. Average producer prices for building sand across the Union Territories, 2017-Mar.2020, Rs./m3
Table 9. Average consumer prices in the natural sand market by states of India, Rs./50 kg, Apr. 2020
Table 10. Assessment of factors of investment attractiveness of the natural sand market
All reports