Price for Quartz; Other than Natural Sands in Hong Kong SAR - 2023

Contents:

1. Price for Quartz; Other than Natural Sands in Hong Kong SAR (FOB) - 2022
2. Price for Quartz; Other than Natural Sands in Hong Kong SAR (CIF) - 2022
3. Exports of Quartz; Other than Natural Sands in Hong Kong SAR
4. Imports of Quartz; Other than Natural Sands in Hong Kong SAR

Price for Quartz; Other than Natural Sands in Hong Kong SAR (FOB) - 2022

The average export price for quartz; other than natural sandses stood at $347 per ton in 2022, shrinking by -25.5% against the previous year. Overall, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 49% against the previous year. The export price peaked at $1,381 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.1% per year.

Price for Quartz; Other than Natural Sands in Hong Kong SAR (CIF) - 2022

The average import price for quartz; other than natural sandses stood at $750 per ton in 2022, reducing by -65.4% against the previous year. Overall, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 an increase of 1,205% against the previous year. Over the period under review, average import prices reached the maximum at $2,321 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 the United States ($1,361 per ton), while the price for China ($388 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.6%), while the prices for the other major suppliers experienced a decline.

Exports of Quartz; Other than Natural Sands in Hong Kong SAR

For the fourth consecutive year, Hong Kong SAR recorded growth in shipments abroad of quartz; other than natural sandses, which increased by 2,531% to 6.3K tons in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, quartz; other than natural sands exports skyrocketed to $2.2M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Quartz; Other than Natural Sands from Hong Kong SAR in 2022:

1. China (6.3K tons)

Imports of Quartz; Other than Natural Sands in Hong Kong SAR

Quartz; other than natural sands imports into Hong Kong SAR skyrocketed to 44 tons in 2022, growing by 38% against the year before. Overall, imports, however, faced a dramatic contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 146% against the previous year. As a result, imports reached the peak of 347 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, quartz; other than natural sands imports dropped sharply to $33K in 2022. In general, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of $69K, and then declined significantly in the following year.

Top Suppliers of Quartz; Other than Natural Sands to Hong Kong SAR in 2022:

1. China (27.5 tons)
2. United States (16.1 tons)

Source: IndexBox Market Intelligence Platform