| Product Code: ETC5318733 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Maldives continues to rely on silica sand imports, with India, UAE, Malaysia, China, and Sri Lanka being the key exporting countries in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 47.88% from 2020 to 2024 reflects the growing demand for silica sand in the Maldives. Furthermore, the substantial growth rate of 76.26% from 2023 to 2024 suggests a rapid acceleration in import shipments, highlighting the significance of this market trend.
Maldives's Silica Sand market is anticipated to experience a high growth rate of 11.58% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives Silica Sand Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Silica Sand Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Silica Sand Market - Industry Life Cycle |
3.4 Maldives Silica Sand Market - Porter's Five Forces |
3.5 Maldives Silica Sand Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Maldives Silica Sand Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for silica sand in construction and infrastructure projects in the Maldives. |
4.2.2 Increasing use of silica sand in the glass manufacturing industry. |
4.2.3 Rise in demand for silica sand in the foundry industry due to its properties. |
4.3 Market Restraints |
4.3.1 Environmental concerns related to the mining and extraction of silica sand. |
4.3.2 Fluctuating prices of silica sand in the global market affecting local market stability. |
5 Maldives Silica Sand Market Trends |
6 Maldives Silica Sand Market Segmentations |
6.1 Maldives Silica Sand Market, By End-Use |
6.1.1 Overview and Analysis |
6.1.2 Maldives Silica Sand Market Revenues & Volume, By Glass Industry, 2021-2031F |
6.1.3 Maldives Silica Sand Market Revenues & Volume, By Foundry, 2021-2031F |
6.1.4 Maldives Silica Sand Market Revenues & Volume, By Hydraulic Fracturing, 2021-2031F |
6.1.5 Maldives Silica Sand Market Revenues & Volume, By Filtration, 2021-2031F |
6.1.6 Maldives Silica Sand Market Revenues & Volume, By Abrasives, 2021-2031F |
6.1.7 Maldives Silica Sand Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Silica Sand Market Import-Export Trade Statistics |
7.1 Maldives Silica Sand Market Export to Major Countries |
7.2 Maldives Silica Sand Market Imports from Major Countries |
8 Maldives Silica Sand Market Key Performance Indicators |
8.1 Average selling price of silica sand in the Maldives market. |
8.2 Volume of silica sand imported or produced locally for various industries. |
8.3 Number of construction and infrastructure projects utilizing silica sand in the Maldives. |
8.4 Environmental impact assessment reports related to silica sand mining activities. |
8.5 Market penetration rate of silica sand in the glass and foundry industries in the Maldives. |
9 Maldives Silica Sand Market - Opportunity Assessment |
9.1 Maldives Silica Sand Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Maldives Silica Sand Market - Competitive Landscape |
10.1 Maldives Silica Sand Market Revenue Share, By Companies, 2024 |
10.2 Maldives Silica Sand Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |