Asia: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Asia

In 2023, the Asian natural quartz crystal market decreased by X% to $X, falling for the third year in a row after three years of growth. The total consumption indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.

Natural Quartz Crystal Production in Asia

In value terms, natural quartz crystal production shrank to $X in 2023 estimated in export price. The total production indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Natural Quartz Crystal Exports

Exports in Asia

In 2023, overseas shipments of quartz crystal (natural) increased by X% to X tons, rising for the sixth year in a row after two years of decline. In general, exports saw a resilient increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to continue growth in years to come.

In value terms, natural quartz crystal exports rose markedly to $X in 2023. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the near future.

Exports by Country

China (X tons) and India (X tons) dominates exports structure, together making up X% of total exports. It was distantly followed by Turkey (X tons), creating an X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest natural quartz crystal supplying countries in Asia were India ($X), China ($X) and Turkey ($X), with a combined X% share of total exports.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, remaining relatively unchanged against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was India ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Natural Quartz Crystal Imports

Imports in Asia

Natural quartz crystal imports soared to X tons in 2023, picking up by X% on 2022. Over the period under review, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural quartz crystal imports skyrocketed to $X in 2023. In general, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China represented the key importing country with an import of about X tons, which amounted to X% of total imports. Malaysia (X tons) held the second position in the ranking, followed by Thailand (X tons), Japan (X tons), Vietnam (X tons) and Indonesia (X tons). All these countries together held near X% share of total imports. The following importers - Bangladesh (X tons), South Korea (X tons) and Bhutan (X tons) - each resulted at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to natural quartz crystal imports into China stood at X%. At the same time, Thailand (X%), Malaysia (X%), Bangladesh (X%), Vietnam (X%), Indonesia (X%), South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. By contrast, Bhutan (X%) illustrated a downward trend over the same period. China (X p.p.), Malaysia (X p.p.), Thailand (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Indonesia, South Korea, Japan and Bhutan saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported quartz crystal (natural) in Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with an X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and Thailand (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2023, with an increase of X% against the previous year. Import price indicated a strong expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, natural quartz crystal import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Bhutan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform