Quartzite Price in Portugal - 2023

Contents:

1. Quartzite Price in Portugal (CIF) - 2023
2. Quartzite Price in Portugal (FOB) - 2022
3. Quartzite Imports in Portugal
4. Quartzite Exports in Portugal

Quartzite Price in Portugal (CIF) - 2023

The average quartzite import price stood at $762 per ton in May 2023, shrinking by -1.8% against the previous month. Over the period under review, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in July 2022 an increase of 557% m-o-m. The import price peaked at $1,268 per ton in February 2023; however, from March 2023 to May 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,559 per ton), while the price for Brazil ($484 per ton) was amongst the lowest.

From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Angola (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Quartzite Price in Portugal (FOB) - 2022

In 2022, the average quartzite export price amounted to $599 per ton, picking up by 25% against the previous year. Overall, the export price, however, faced a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 458% against the previous year. The export price peaked at $18,672 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,635 per ton), while the average price for exports to the United States ($131 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 Switzerland (+420.5%), while the prices for the other major destinations experienced more modest paces of growth.

Quartzite Imports in Portugal

In 2022, overseas purchases of quartzite increased by 131% to 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, quartzite imports skyrocketed to $704K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Quartzite to Portugal in 2022:

1. Angola (532.3 tons)
2. China (302.6 tons)
3. Spain (230.3 tons)
4. Brazil (142.7 tons)
5. Italy (67.4 tons)

Quartzite Exports in Portugal

In 2022, exports of quartzite from Portugal contracted remarkably to 8.7 tons, waning by -56.7% compared with 2021. Overall, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 when exports increased by 1,774% against the previous year.

In value terms, quartzite exports contracted sharply to $5.2K in 2022. In general, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 119%.

Top Export Markets for Quartzite from Portugal in 2022:

1. United States (6.0 tons)
2. France (2.6 tons)
3. Switzerland (0.2 tons)

Source: IndexBox Market Intelligence Platform