Quartzite Price in Chile - 2023

Contents:

  1. Quartzite Price in Chile (CIF) - 2022
  2. Quartzite Price in Chile (FOB) - 2022
  3. Quartzite Imports in Chile
  4. Quartzite Exports in Chile

Quartzite Price in Chile (CIF) - 2022

The average quartzite import price stood at $370 per ton in 2022, shrinking by -8% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 17%. The import price peaked at $686 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($521 per ton), while the price for Brazil ($248 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-4.1%), while the prices for the other major suppliers experienced a decline.

Quartzite Price in Chile (FOB) - 2022

The average quartzite export price stood at $115 per ton in 2022, dropping by -34.3% against the previous year. Over the period under review, the export price faced a precipitous curtailment. The pace of growth appeared the most rapid in 2018 an increase of 59%. Over the period under review, the average export prices attained the maximum at $3,216 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -28.3% per year.

Quartzite Imports in Chile

In 2022, approx. 54 tons of quartzite were imported into Chile; which is down by -27.9% compared with the previous year's figure. Overall, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 163%.

In value terms, quartzite imports fell rapidly to $20K in 2022. In general, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 206%.

Import of Quartzite in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.52.110.77.3-8.4%
China47.75.78.35.6-51.0%
Brazil6.11.25.54.0-13.1%
Spain2.80.74.03.13.5%
ColombiaN/AN/A1.6N/A0%
OthersN/AN/AN/AN/A0%
Total66.29.930.220.0-32.9%

Top Suppliers of Quartzite to Chile in 2022:

  1. United States (20.2 tons)
  2. Brazil (16.1 tons)
  3. China (10.7 tons)
  4. Spain (7.0 tons)

Quartzite Exports in Chile

In 2022, approx. 7.9 tons of quartzite were exported from Chile; surging by 11% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 189% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, quartzite exports reduced dramatically to $910 in 2022. In general, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 115% against the previous year. As a result, the exports reached the peak of $1.2K, and then declined dramatically in the following year.

Export of Quartzite in Chile (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2425771,242910-9.8%
OthersN/AN/AN/AN/A0%
Total1,2425771,242910-9.8%

Top Export Markets for Quartzite from Chile in 2022:

  1. China (7.9 tons)

Source: IndexBox Market Intelligence Platform

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