Quartzite Price in Norway - 2023

Contents:

  1. Quartzite Price in Norway (FOB) - 2022
  2. Quartzite Price in Norway (CIF) - 2022
  3. Quartzite Exports in Norway
  4. Quartzite Imports in Norway

Quartzite Price in Norway (FOB) - 2022

The average quartzite export price stood at $37 per ton in 2022, declining by -4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices hit record highs at $38 per ton in 2021, and then shrank slightly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +1.8% per year.

Quartzite Price in Norway (CIF) - 2022

In 2022, the average quartzite import price amounted to $151 per ton, surging by 36% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, quartzite import price increased by +82.4% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Spain ($145 per ton), while the price for Sweden stood at $65 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Quartzite Exports in Norway

In 2022, the amount of quartzite exported from Norway soared to 118K tons, increasing by 69% on 2021 figures. In general, exports, however, recorded a drastic downturn.

In value terms, quartzite exports skyrocketed to $4.3M in 2022. Overall, exports, however, showed a noticeable decrease.

Export of Quartzite in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4.75.82.64.2-3.7%
Others0.20.10.10.1-20.6%
Total4.85.92.74.3-3.6%

Top Export Markets for Quartzite from Norway in 2022:

  1. Sweden (117.7K tons)

Quartzite Imports in Norway

In 2022, supplies from abroad of quartzite decreased by -79.1% to 3K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. As a result, imports attained the peak of 127K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, quartzite imports plummeted to $458K in 2022. In general, imports faced a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 45%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Quartzite in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7.18.90.50.4-61.7%
Sweden0.2N/AN/AN/A0%
UkraineN/A1.80.7N/A-61.1%
Others0.40.40.4N/A0.0%
Total7.711.11.60.5-59.8%

Top Suppliers of Quartzite to Norway in 2022:

  1. Spain (2.9K tons)
  2. Sweden (0.1K tons)

Source: IndexBox Market Intelligence Platform

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