Report Update: May 1, 2024

India - Quartz Crystal (Natural) - Market Analysis, Forecast, Size, Trends And Insights

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Natural Quartz Crystal Price in India - 2023

Natural Quartz Crystal Price in India (FOB) - 2023

The average natural quartz crystal export price stood at $147 per ton in July 2023, which is down by -15.6% against the previous month. Overall, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in September 2022 an increase of 53% against the previous month. Over the period under review, the average export prices attained the peak figure at $179 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Japan ($307 per ton), while the average price for exports to Kuwait ($43.0 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Quartz Crystal Price in India (CIF) - 2022

In 2022, the average natural quartz crystal import price amounted to $435 per ton, with a decrease of -6.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 87%. The import price peaked at $925 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Turkey ($992 per ton), while the price for China ($321 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+18.5%), while the prices for the other major suppliers experienced a decline.

Natural Quartz Crystal Exports in India

In 2022, the amount of quartz crystal (natural) exported from India stood at 962K tons, surging by 6% on the year before. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, natural quartz crystal exports rose rapidly to $107M in 2022. The total export value increased at an average annual rate of +9.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Natural Quartz Crystal in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	10.0	9.3	11.0	24.3	34.4%
Malaysia	10.8	9.9	11.2	12.8	5.8%
Japan	5.9	6.3	8.1	10.7	21.9%
Bangladesh	5.0	6.3	8.4	10.3	27.2%
Vietnam	8.4	10.7	17.2	9.1	2.7%
South Korea	5.6	4.5	6.0	6.8	6.7%
Bhutan	4.4	3.2	5.1	6.1	11.5%
Canada	3.7	4.6	6.1	5.4	13.4%
United States	4.5	9.4	5.8	3.2	-10.7%
Oman	4.9	3.1	1.6	2.1	-24.6%
Qatar	1.6	1.2	1.9	2.0	7.7%
Taiwan (Chinese)	0.1	0.9	1.5	1.9	166.8%
United Arab Emirates	1.8	1.4	2.4	1.5	-5.9%
Others	15.0	12.9	10.8	10.5	-11.2%
Total	81.7	83.7	97.1	107	9.4%

Top Export Markets for Natural Quartz Crystal from India in 2022:

Malaysia (223.7K tons)
Bhutan (137.3K tons)
China (120.1K tons)
Bangladesh (116.5K tons)
Vietnam (60.7K tons)
South Korea (60.6K tons)
Japan (36.5K tons)
Taiwan (Chinese) (35.0K tons)
Canada (27.0K tons)
Qatar (24.1K tons)
Oman (19.5K tons)
United Arab Emirates (18.9K tons)
United States (9.6K tons)

Natural Quartz Crystal Imports in India

In 2022, the amount of quartz crystal (natural) imported into India skyrocketed to 8.2K tons, picking up by 62% compared with the previous year's figure. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 376% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, natural quartz crystal imports surged to $3.6M in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 262%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Natural Quartz Crystal in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	76.9	17.3	131	1,417	164.1%
Italy	113	220	714	906	100.1%
China	195	233	202	344	20.8%
Turkey	N/A	0.2	601	245	3400.0%
Belgium	16.9	1.4	80.9	229	138.4%
United States	7.9	15.5	39.9	102	134.6%
Vietnam	5.3	N/A	N/A	99.1	165.4%
Sri Lanka	N/A	N/A	142	N/A	0%
Others	72.8	165	447	230	46.7%
Total	488	652	2,358	3,571	94.1%

Top Suppliers of Natural Quartz Crystal to India in 2022:

Brazil (3.2K tons)
Italy (2.0K tons)
China (1.1K tons)
Belgium (0.7K tons)
Vietnam (0.3K tons)
Turkey (0.2K tons)
United States (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the natural quartz crystal market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08111290 - Porphyry, basalt, quartzites and other monumental or building stone, crude, roughly trimmed or merely cut (excluding calcareous monumental or building stone of a gravity . 2,5, g ranite and sandstone)
Prodcom 08992900 - Other minerals

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023