Republic of Korea - Quartz Crystal (Natural) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNatural Quartz Crystal Price in South Korea - 2022
Contents:
- Natural Quartz Crystal Price in South Korea (CIF) - 2022
- Natural Quartz Crystal Price in South Korea (FOB) - 2022
- Natural Quartz Crystal Imports in South Korea
- Natural Quartz Crystal Exports in South Korea
Natural Quartz Crystal Price in South Korea (CIF) - 2022
The average natural quartz crystal import price stood at $221 per ton in December 2022, dropping by -8% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 47% month-to-month. As a result, import price attained the peak level of $241 per ton, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($325 per ton), while the price for Pakistan ($104 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by India (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Natural Quartz Crystal Price in South Korea (FOB) - 2022
The average natural quartz crystal export price stood at $170 per ton in 2022, which is down by -15.6% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural quartz crystal export price increased by +10.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices reached the peak figure at $236 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($639 per ton), while the average price for exports to Japan ($22 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+20.2%), while the prices for the other major destinations experienced a decline.
Natural Quartz Crystal Imports in South Korea
In 2022, imports of quartz crystal (natural) into South Korea declined to 141K tons, waning by -6% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 150K tons, and then dropped in the following year.
In value terms, natural quartz crystal imports fell to $24M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 18% against the previous year.
Import of Natural Quartz Crystal in South Korea (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 4.8 | 3.7 | 4.8 | 10.8 | 31.0% |
China | 9.7 | 14.8 | 18.3 | 5.8 | -15.8% |
Turkey | 1.0 | 1.4 | 0.9 | 2.3 | 32.0% |
Belgium | 0.3 | 0.2 | 0.3 | 0.8 | 38.7% |
Sri Lanka | 0.5 | 0.6 | 0.2 | 0.6 | 6.3% |
Germany | 0.4 | 0.3 | 0.3 | 0.6 | 14.5% |
Pakistan | 0.2 | 0.1 | N/A | 0.3 | 14.5% |
Others | 1.7 | 1.0 | 1.1 | 2.9 | 19.5% |
Total | 18.7 | 22.1 | 26.0 | 24.0 | 8.7% |
Top Suppliers of Natural Quartz Crystal to South Korea in 2022:
- India (87.4K tons)
- China (26.5K tons)
- Turkey (11.0K tons)
- Belgium (2.9K tons)
- Sri Lanka (2.5K tons)
- Pakistan (2.1K tons)
- Germany (2.1K tons)
Natural Quartz Crystal Exports in South Korea
In 2022, exports of quartz crystal (natural) from South Korea declined to 97K tons, waning by -9.9% compared with the previous year. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 47%. As a result, the exports reached the peak of 108K tons, and then shrank in the following year.
In value terms, natural quartz crystal exports contracted markedly to $17M in 2022. Overall, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 92% against the previous year. As a result, the exports attained the peak of $22M, and then shrank significantly in the following year.
Export of Natural Quartz Crystal in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.1 | 6.3 | 14.2 | 9.7 | -1.3% |
China | 3.0 | 1.6 | 3.8 | 4.5 | 14.5% |
United Kingdom | 2.4 | 1.0 | 2.0 | 1.3 | -18.5% |
Japan | 0.5 | 0.4 | 0.3 | 0.3 | -15.7% |
Philippines | 0.9 | 0.1 | N/A | N/A | -88.9% |
Others | 2.8 | 1.9 | 1.4 | 0.6 | -40.2% |
Total | 19.7 | 11.3 | 21.7 | 16.5 | -5.7% |
Top Export Markets for Natural Quartz Crystal from South Korea in 2022:
- United States (47.1K tons)
- China (30.3K tons)
- Japan (15.1K tons)
- United Kingdom (2.1K tons)
- Philippines (0.1K tons)
This report provides an in-depth analysis of the natural quartz crystal market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 08111290 - Porphyry, basalt, quartzites and other monumental or building stone, crude, roughly trimmed or merely cut (excluding calcareous monumental or building stone of a gravity . 2,5, g ranite and sandstone)
- Prodcom 08992900 - Other minerals
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the natural quartz crystal market in Republic of Korea.
This report provides an in-depth analysis of the market for porphyry, basalt and quartzites in Republic of Korea.
This report provides an in-depth analysis of the global natural quartz crystal market.
This report provides an in-depth analysis of the global market for porphyry, basalt and quartzites.
This report provides an in-depth analysis of the natural quartz crystal market in Republic of Korea.
This report provides an in-depth analysis of the market for porphyry, basalt and quartzites in Republic of Korea.
This report provides an in-depth analysis of the global natural quartz crystal market.
This report provides an in-depth analysis of the global market for porphyry, basalt and quartzites.
Explore the top import markets for natural quartz crystal in the world. Learn about the key countries driving the demand for this valuable mineral.
In 2016, approx. X tons of quartz were imported worldwide- dropping by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, approx. X tons of quartz were imported worldwide- dropping by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
According to market research conducted by IndexBox, the global quartz market expanded to X thousand tons in 2015, displaying
Global natural quartz crystal market production was estimated at approx. X million tons in 2015, an increase of X thousand tons against the figure recorded for 2014. There was an annual
When calculating consumption on the global natural crystal quartz market in 2015, the leading consuming markets were Turkey (X thousand tons), Canada (X thousand tons), France (X thousand tons), Chile (X
Spain continued its dominance in the global natural crystal quartz trade. In 2014, Spain exported X thousand tons of natural crystal quartz totaling X million USD, X% over the previous year. Its primary trading partner was Norway, where it suppli
Explore the top import markets for natural quartz crystal in the world. Learn about the key countries driving the demand for this valuable mineral.
In 2016, approx. X tons of quartz were imported worldwide- dropping by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, approx. X tons of quartz were imported worldwide- dropping by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>