Quartzite Price in Italy - 2023

Contents:

  1. Quartzite Price in Italy (CIF) - 2023
  2. Quartzite Price in Italy (FOB) - 2023
  3. Quartzite Imports in Italy
  4. Quartzite Exports in Italy

Quartzite Price in Italy (CIF) - 2023

The average quartzite import price stood at $867 per ton in June 2023, declining by -12.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 86% month-to-month. As a result, import price attained the peak level of $1,386 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From June 2022 to June 2023, the rate of growth in terms of prices for Brazil amounted to +0.6% per month.

Quartzite Price in Italy (FOB) - 2023

The average quartzite export price stood at $2,449 per ton in June 2023, which is down by -8.2% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 28% m-o-m. The export price peaked at $2,997 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($5,327 per ton), while the average price for exports to India ($877 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Quartzite Imports in Italy

In 2022, imports of quartzite into Italy skyrocketed to 81K tons, with an increase of 21% on 2021 figures. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 54%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, quartzite imports soared to $73M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 62%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Quartzite in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil26.330.449.970.038.6%
India1.50.70.81.4-2.3%
China0.90.50.40.8-3.9%
Turkey0.5N/AN/A0.3-15.7%
Others0.70.30.60.84.6%
Total30.032.051.773.234.6%

Top Suppliers of Quartzite to Italy in 2022:

  1. Brazil (71.6K tons)
  2. India (5.4K tons)
  3. Turkey (1.3K tons)
  4. China (1.2K tons)

Quartzite Exports in Italy

In 2022, after three years of growth, there was decline in shipments abroad of quartzite, when their volume decreased by -1% to 13K tons. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% 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 +62.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of 13K tons, leveling off in the following year.

In value terms, quartzite exports rose slightly to $33M in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Quartzite in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.65.914.815.449.6%
Australia0.61.22.93.071.0%
Germany1.51.92.22.315.3%
France1.52.01.31.62.2%
Austria1.31.81.61.67.2%
Canada0.40.71.11.140.1%
Switzerland0.61.11.01.018.6%
Poland0.61.00.90.914.5%
Belgium0.10.20.80.8100.0%
Spain0.10.20.80.8100.0%
Denmark0.20.30.70.751.8%
India0.30.10.40.518.6%
Albania0.3N/AN/A0.1-30.7%
Others2.12.83.63.518.6%
Total14.219.232.133.332.9%

Top Export Markets for Quartzite from Italy in 2022:

  1. United States (4364.0 tons)
  2. Germany (1214.4 tons)
  3. France (1004.6 tons)
  4. Australia (864.5 tons)
  5. Switzerland (850.8 tons)
  6. Austria (685.3 tons)
  7. Spain (601.9 tons)
  8. Canada (358.4 tons)
  9. Poland (354.5 tons)
  10. Belgium (278.1 tons)
  11. Denmark (231.6 tons)
  12. Albania (195.1 tons)
  13. India (191.7 tons)

Source: IndexBox Market Intelligence Platform

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