Natural Quartz Crystal Market

The global natural quartz crystal market is anticipated to see an increase in consumption over the next eight years, with a forecasted CAGR of +0.9% in volume and +3.2% in value. Key insights include the top consuming countries such as China, the United States, and Turkey, as well as notable growth rates in specific regions. Production and import/export trends are also discussed, providing a comprehensive overview of the market landscape.

Market Forecast

Driven by rising demand for natural quartz crystal worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.9% for the period from 2022 to 2030, which is projected to bring the market volume to 382M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.2% for the period from 2022 to 2030, which is projected to bring the market value to $184.7B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Quartz Crystal (Natural)

In 2022, approx. 356M tons of quartz crystal (natural) were consumed worldwide; approximately mirroring 2021. Over the period under review, consumption, however, saw a slight downturn. The pace of growth was the most pronounced in 2016 with an increase of 4.7% against the previous year. Over the period under review, global consumption attained the peak volume at 416M tons in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

The global natural quartz crystal market revenue totaled $143.1B in 2022, surging by 3.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a noticeable decrease. Over the period under review, the global market reached the peak level at $181.8B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (83M tons), the United States (44M tons) and Turkey (20M tons), together accounting for 41% of global consumption.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Turkey (with a CAGR of +5.6%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest natural quartz crystal markets worldwide were Japan ($31B), the United States ($20.1B) and the UK ($11.5B), with a combined 44% share of the global market. China, Mexico, Turkey, Indonesia, Russia, France, Nigeria, India, Brazil and Germany lagged somewhat behind, together accounting for a further 24%.

Turkey, with a CAGR of +6.7%, saw the highest rates of growth with regard to market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of natural quartz crystal per capita consumption in 2022 were Turkey (237 kg per person), the UK (148 kg per person) and France (147 kg per person).

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +4.1%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Quartz Crystal (Natural)

Global natural quartz crystal production reached 357M tons in 2022, stabilizing at 2021. Overall, production, however, recorded a slight contraction. The growth pace was the most rapid in 2016 when the production volume increased by 4.6% against the previous year. Global production peaked at 417M tons in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In value terms, natural quartz crystal production stood at $143.9B in 2022 estimated in export price. In general, production, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 14% against the previous year. Over the period under review, global production hit record highs at $180.9B in 2012; however, from 2013 to 2022, production remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (83M tons), the United States (43M tons) and Turkey (21M tons), together comprising 41% of global production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Turkey (with a CAGR of +5.6%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Quartz Crystal (Natural)

In 2022, approx. 4.7M tons of quartz crystal (natural) were imported worldwide; shrinking by -2.9% compared with the previous year. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.7% against 2020 indices. The growth pace was the most rapid in 2015 when imports increased by 18%. Global imports peaked at 4.8M tons in 2021, and then shrank modestly in the following year.

In value terms, natural quartz crystal imports surged to $1.2B in 2022. In general, imports, however, showed prominent growth. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports By Country

The purchases of the twelve major importers of quartz crystal (natural), namely Malaysia, Norway, China, Canada, the United States, Iceland, Japan, France, Indonesia, Germany, Sweden and Bangladesh, represented more than two-thirds of total import. Spain (116K tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +48.8%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($332M) constitutes the largest market for imported quartz crystal (natural) worldwide, comprising 27% of global imports. The second position in the ranking was held by Japan ($126M), with a 10% share of global imports. It was followed by the United States, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +23.8%. In the other countries, the average annual rates were as follows: Japan (+6.4% per year) and the United States (+12.4% per year).

Import Prices By Country

In 2022, the average natural quartz crystal import price amounted to $263 per ton, surging by 20% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 import price increased by +61.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 29%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($831 per ton), while Sweden ($53 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Quartz Crystal (Natural)

In 2022, the amount of quartz crystal (natural) exported worldwide reached 5.3M tons, standing approx. at 2021 figures. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. The global exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, natural quartz crystal exports stood at $913M in 2022. In general, exports saw a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports By Country

In 2022, China (1.1M tons) and India (1M tons) were the major exporters of quartz crystal (natural)around the world, together amounting to approx. 41% of total exports. Spain (631K tons) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Germany (11%), Turkey (10%) and Norway (4.8%). Brazil (174K tons), the United States (106K tons), Russia (104K tons), France (93K tons), Ukraine (88K tons) and Greece (84K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +71.9%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($230M) remains the largest natural quartz crystal supplier worldwide, comprising 25% of global exports. The second position in the ranking was taken by India ($107M), with a 12% share of global exports. It was followed by Brazil, with an 11% share.

In China, natural quartz crystal exports increased at an average annual rate of +23.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+14.7% per year) and Brazil (+21.9% per year).

Export Prices By Country

In 2022, the average natural quartz crystal export price amounted to $171 per ton, rising by 2.9% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 +78.4% against 2013 indices. The most prominent rate of growth was recorded in 2018 an increase of 28%. The global export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($835 per ton), while Germany ($20 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+28.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform