Price for Quartz; Other than Natural Sands in Nigeria - 2023
Contents:
- Price for Quartz; Other than Natural Sands in Nigeria (CIF) - 2022
- Price for Quartz; Other than Natural Sands in Nigeria (FOB) - 2022
- Imports of Quartz; Other than Natural Sands in Nigeria
- Exports of Quartz; Other than Natural Sands in Nigeria
Price for Quartz; Other than Natural Sands in Nigeria (CIF) - 2022
The average import price for quartz; other than natural sandses stood at $642 per ton in 2022, with an increase of 63% against the previous year. In general, the import price posted a remarkable increase. The growth pace was the most rapid in 2020 when the average import price increased by 66% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($723 per ton), while the price for India amounted to $558 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Quartz; Other than Natural Sands in Nigeria (FOB) - 2022
The average export price for quartz; other than natural sandses stood at $260 per ton in 2022, waning by -13.6% against the previous year. In general, the export price recorded a precipitous descent. The pace of growth appeared the most rapid in 2020 an increase of 233% against the previous year. The export price peaked at $65,557 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($436 per ton), while the average price for exports to China totaled $256 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (+1.3%), while the prices for the other major destinations experienced a decline.
Imports of Quartz; Other than Natural Sands in Nigeria
In 2022, the amount of quartz; other than natural sandses imported into Nigeria shrank notably to 1.1K tons, reducing by -91% against the previous year's figure. Overall, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.
In value terms, quartz; other than natural sands imports reduced markedly to $715K in 2022. In general, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of $4.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Quartz; Other than Natural Sands in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 4.8 | 4.7 | 0.4 | -54.3% |
| India | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 4.3 | 4.9 | 4.8 | 0.7 | -45.4% |
Top Suppliers of Quartz; Other than Natural Sands to Nigeria in 2022:
- China (568.2 tons)
- India (543.6 tons)
Exports of Quartz; Other than Natural Sands in Nigeria
Quartz; other than natural sands exports from Nigeria rose to 875 tons in 2022, surging by 2.6% against the year before. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 469% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, quartz; other than natural sands exports dropped to $227K in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 898% against the previous year.
| Export of Quartz; Other than Natural Sands in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 64.1 | 256 | 219 | 84.8% |
| United States | N/A | N/A | N/A | 7.9 | 0% |
| Ghana | 6.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.4 | 64.1 | 256 | 227 | 228.6% |
Top Export Markets for Quartz; Other than Natural Sands from Nigeria in 2022:
- China (857.2 tons)
- United States (18.1 tons)
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In 2016, approx. X tons of quartz were imported worldwide- dropping by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
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According to market research conducted by IndexBox, the global quartz market expanded to X thousand tons in 2015, displaying
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Global natural quartz crystal market production was estimated at approx. X million tons in 2015, an increase of X thousand tons against the figure recorded for 2014. There was an annual
