Quartzite Price in Iran - 2022

Contents:

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

Quartzite Price in Iran (CIF) - 2022

In 2022, the average quartzite import price amounted to $1,703 per ton, rising by 73% against the previous year. Overall, the import price saw resilient growth. The pace of growth was the most pronounced in 2020 an increase of 191%. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.8% per year.

Quartzite Price in Iran (FOB) - 2022

The average quartzite export price stood at $224 per ton in 2022, surging by 155% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $244 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($343 per ton), while the average price for exports to Kuwait totaled $121 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+4.1%).

Quartzite Imports in Iran

In 2022, the amount of quartzite imported into Iran skyrocketed to 257 tons, increasing by 359% on the previous year. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 1,970%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, quartzite imports surged to $437K in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 1,351% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Quartzite in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A3.847.2437972.4%
India14.0N/A6.9N/A-29.8%
OthersN/AN/A1.0N/A0%
Total14.03.855.1437214.9%

Top Suppliers of Quartzite to Iran in 2022:

  1. Italy (256.8 tons)

Quartzite Exports in Iran

For the third consecutive year, Iran recorded decline in overseas shipments of quartzite, which decreased by -85.2% to 319 tons in 2022. Over the period under review, exports showed a sharp reduction. The smallest decline of -51.2% was in 2021.

In value terms, quartzite exports shrank remarkably to $72K in 2022. In general, exports faced a dramatic setback. The smallest decline of -32.8% was in 2020.

Export of Quartzite in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait28514919031.1-52.2%
Azerbaijan252220N/A20.0-57.0%
Georgia12.2N/AN/AN/A0%
Others3.52.1N/A20.480.0%
Total55337119071.5-49.4%

Top Export Markets for Quartzite from Iran in 2022:

  1. Kuwait (257.0 tons)
  2. Azerbaijan (58.5 tons)

Source: IndexBox Market Intelligence Platform

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