Quartzite Price in China - 2023
Contents:
- Quartzite Price in China (CIF) - 2023
- Quartzite Price in China (FOB) - 2022
- Quartzite Imports in China
- Quartzite Exports in China
Quartzite Price in China (CIF) - 2023
The average quartzite import price stood at $227 per ton in June 2023, approximately reflecting the previous month. Over the period under review, the import price, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 36% against the previous month. As a result, import price attained the peak level of $462 per ton. From December 2022 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Brazil ($748 per ton), while the price for Myanmar ($64.0 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Quartzite Price in China (FOB) - 2022
In 2022, the average quartzite export price amounted to $38 per ton, rising by 12% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 an increase of 40%. Over the period under review, the average export prices hit record highs at $112 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($103 per ton), while the average price for exports to Malaysia ($34 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 South Korea (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Quartzite Imports in China
In 2022, quartzite imports into China soared to 112K tons, with an increase of 31% on the previous year. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 149% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, quartzite imports soared to $48M in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 215%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Quartzite in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 4.8 | 8.4 | 32.4 | 32.8 | 89.8% |
| India | 2.1 | 1.4 | 2.7 | 9.5 | 65.4% |
| Tanzania | 0.1 | N/A | N/A | 1.5 | 146.6% |
| Congo | N/A | N/A | N/A | 0.9 | 0% |
| Nigeria | 2.1 | 0.2 | 0.5 | 0.3 | -47.7% |
| South Africa | 0.3 | 0.2 | 0.9 | 0.2 | -12.6% |
| Japan | 1.4 | 1.1 | 1.3 | 0.2 | -47.7% |
| Angola | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 1.1 | 1.6 | 2.5 | 2.2 | 26.0% |
| Total | 12.0 | 12.8 | 40.5 | 47.7 | 58.4% |
Top Suppliers of Quartzite to China in 2022:
- Brazil (49.2K tons)
- India (42.2K tons)
- Tanzania (8.8K tons)
- Angola (2.5K tons)
- Congo (2.0K tons)
- Nigeria (1.6K tons)
- South Africa (0.6K tons)
- Japan (0.6K tons)
Quartzite Exports in China
In 2022, the amount of quartzite exported from China rose markedly to 618K tons, increasing by 14% compared with the previous year's figure. The total export volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, quartzite exports skyrocketed to $24M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 34%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Quartzite in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 9.0 | 13.2 | 10.7 | 13.6 | 14.8% |
| Indonesia | 1.8 | 2.4 | 2.6 | 4.8 | 38.7% |
| Japan | 1.5 | 1.5 | 2.7 | 3.5 | 32.6% |
| Others | 1.7 | 1.7 | 2.5 | 1.7 | 0.0% |
| Total | 14.1 | 18.9 | 18.5 | 23.6 | 18.7% |
Top Export Markets for Quartzite from China in 2022:
- Malaysia (401.6K tons)
- Indonesia (140.6K tons)
- Japan (71.5K tons)
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1046
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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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>
