Price for Quartz; Other than Natural Sands in the Philippines - 2023

Contents:

  1. Price for Quartz; Other than Natural Sands in the Philippines (CIF) - 2023
  2. Imports of Quartz; Other than Natural Sands in the Philippines

Price for Quartz; Other than Natural Sands in the Philippines (CIF) - 2023

In July 2023, the average import price for quartz; other than natural sandses amounted to $116 per ton, increasing by 15% against the previous month. Overall, the import price posted a remarkable increase. The most prominent rate of growth was recorded in May 2023 an increase of 68% against the previous month. As a result, import price attained the peak level of $186 per ton. From June 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($197 per ton), while the price for India stood at $67.0 per ton.

From December 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+8.0%).

Imports of Quartz; Other than Natural Sands in the Philippines

In 2022, overseas purchases of quartz; other than natural sandses decreased by -18.9% to 18K tons, falling for the second consecutive year after two years of growth. In general, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2020 with an increase of 67%. As a result, imports attained the peak of 34K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, quartz; other than natural sands imports dropped dramatically to $1.1M in 2022. Over the period under review, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Quartz; Other than Natural Sands in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6571,5488678057.0%
China1,195767895230-42.3%
Others50.51.91.517.2-30.2%
Total1,9032,3171,7631,052-17.9%

Top Suppliers of Quartz; Other than Natural Sands to the Philippines in 2022:

  1. India (16.8K tons)
  2. China (1.3K tons)

Source: IndexBox Market Intelligence Platform

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