Report Update: Apr 1, 2024

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

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Natural Quartz Crystal Price in Vietnam - 2022

Natural Quartz Crystal Price in Vietnam (CIF) - 2022

The average natural quartz crystal import price stood at $183 per ton in 2022, with an increase of 1.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2016 an increase of 31%. As a result, import price reached the peak level of $196 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($475 per ton), while the price for India ($133 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Natural Quartz Crystal Price in Vietnam (FOB) - 2022

In 2022, the average natural quartz crystal export price amounted to $1,019 per ton, which is down by -32.4% against the previous year. In general, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 157% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,508 per ton in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,647 per ton), while the average price for exports to South Korea ($154 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Quartz Crystal Imports in Vietnam

In 2022, purchases abroad of quartz crystal (natural) decreased by -19.8% to 138K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 58%. As a result, imports reached the peak of 173K tons, and then dropped remarkably in the following year.

In value terms, natural quartz crystal imports reduced notably to $25M in 2022. In general, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. As a result, imports reached the peak of $31M, and then shrank markedly in the following year.

Import of Natural Quartz Crystal in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.3	3.9	11.3	11.2	69.5%
India	7.3	10.1	12.8	9.9	10.7%
Taiwan (Chinese)	0.7	1.3	1.7	1.4	26.0%
Turkey	2.5	2.4	2.5	1.0	-26.3%
Others	2.5	1.8	2.8	1.8	-10.4%
Total	15.2	19.5	31.1	25.3	18.5%

Top Suppliers of Natural Quartz Crystal to Vietnam in 2022:

India (74.9K tons)
China (48.6K tons)
Turkey (6.5K tons)
Taiwan (Chinese) (2.9K tons)

Natural Quartz Crystal Exports in Vietnam

In 2022, the amount of quartz crystal (natural) exported from Vietnam skyrocketed to 2.8K tons, jumping by 16% on the year before. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, natural quartz crystal exports contracted remarkably to $2.8M in 2022. In general, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. As a result, the exports reached the peak of $3.6M, and then dropped notably in the following year.

Export of Natural Quartz Crystal in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	9.8	94.9	1,508	1,106	383.3%
United States	1,588	1,468	1,474	798	-20.5%
Spain	3.2	10.4	22.7	240	321.7%
China	13.5	13.4	14.0	234	158.8%
Taiwan (Chinese)	50.5	235	147	197	57.4%
India	0.6	1.1	61.1	56.7	355.5%
South Korea	16.0	20.5	84.1	46.4	42.6%
Japan	32.2	37.7	5.5	15.4	-21.8%
Others	33.7	135	276	110	48.3%
Total	1,748	2,016	3,592	2,804	17.1%

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

China (776.5 tons)
United Kingdom (609.4 tons)
South Korea (300.3 tons)
Taiwan (Chinese) (289.9 tons)
United States (218.8 tons)
Spain (165.8 tons)
India (135.1 tons)
Japan (82.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the natural quartz crystal market in Vietnam. 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:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
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