Price for Quartz; Other than Natural Sands in Vietnam - 2022

Contents:

  1. Price for Quartz; Other than Natural Sands in Vietnam (CIF) - 2022
  2. Price for Quartz; Other than Natural Sands in Vietnam (FOB) - 2022
  3. Imports of Quartz; Other than Natural Sands in Vietnam
  4. Exports of Quartz; Other than Natural Sands in Vietnam

Price for Quartz; Other than Natural Sands in Vietnam (CIF) - 2022

The average import price for quartz; other than natural sandses stood at $219 per ton in 2022, increasing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($375 per ton), while the price for India ($95 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced a decline.

Price for Quartz; Other than Natural Sands in Vietnam (FOB) - 2022

In 2022, the average export price for quartz; other than natural sandses amounted to $1,163 per ton, reducing by -19.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 144%. As a result, the export price attained the peak level of $1,933 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,481 per ton), while the average price for exports to Japan ($174 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 United States (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Quartz; Other than Natural Sands in Vietnam

In 2022, overseas purchases of quartz; other than natural sandses decreased by -25.9% to 118K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of 159K tons, and then declined notably in the following year.

In value terms, quartz; other than natural sands imports declined markedly to $26M in 2022. Overall, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of $31M, and then fell significantly in the following year.

Import of Quartz; Other than Natural Sands in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.96.214.819.287.8%
India8.811.014.35.8-13.0%
Turkey2.92.31.60.6-40.9%
Others0.70.20.30.3-24.6%
Total15.219.631.025.819.3%

Top Suppliers of Quartz; Other than Natural Sands to Vietnam in 2022:

  1. India (60.6K tons)
  2. China (51.1K tons)
  3. Turkey (5.3K tons)

Exports of Quartz; Other than Natural Sands in Vietnam

For the fourth year in a row, Vietnam recorded growth in overseas shipments of quartz; other than natural sandses, which increased by 84% to 3.8K tons in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 160% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, quartz; other than natural sands exports skyrocketed to $4.5M in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 304% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Quartz; Other than Natural Sands in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A1,2511,93454.6%
United States8263,3311,1761,39519.1%
SpainN/AN/A25342166.4%
ChinaN/AN/A196409108.7%
Taiwan (Chinese)N/AN/A79.811240.4%
India5.3N/AN/A99.1165.4%
Japan64.260.124.015.5-37.7%
Others0.323040.273.8526.6%
Total8963,6213,0204,46070.7%

Top Export Markets for Quartz; Other than Natural Sands from Vietnam in 2022:

  1. China (1422.5 tons)
  2. United Kingdom (1116.4 tons)
  3. United States (400.8 tons)
  4. Spain (303.8 tons)
  5. India (247.6 tons)
  6. Taiwan (Chinese) (147.8 tons)
  7. Japan (89.4 tons)

Source: IndexBox Market Intelligence Platform

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