Quartzite Price in Thailand - 2023

Contents:

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

Quartzite Price in Thailand (CIF) - 2022

In 2022, the average quartzite import price amounted to $210 per ton, dropping by -39.2% against the previous year. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2015 an increase of 186% against the previous year. As a result, import price reached the peak level of $2,147 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.1% per year.

Quartzite Price in Thailand (FOB) - 2022

The average quartzite export price stood at $407 per ton in 2022, which is down by -19% against the previous year. Overall, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 139%. As a result, the export price reached the peak level of $503 per ton, and then reduced notably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +282.2% per year.

Quartzite Imports in Thailand

Quartzite imports into Thailand rose modestly to 8.2K tons in 2022, with an increase of 1.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 39%. As a result, imports attained the peak of 8.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, quartzite imports reduced sharply to $1.7M in 2022. Overall, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports reached the peak of $3.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Quartzite in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.53.22.41.6-13.8%
Others0.10.10.40.10.0%
Total2.63.32.81.7-13.2%

Top Suppliers of Quartzite to Thailand in 2022:

  1. China (8.1K tons)

Quartzite Exports in Thailand

In 2022, approx. 36 tons of quartzite were exported from Thailand; waning by -25.7% against the previous year. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 105%. As a result, the exports reached the peak of 48 tons, and then dropped dramatically in the following year.

In value terms, quartzite exports dropped notably to $15K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 391%. As a result, the exports reached the peak of $24K, and then dropped markedly in the following year.

Export of Quartzite in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PhilippinesN/AN/AN/A14.60%
United Arab EmiratesN/AN/A17.5N/A0%
Malaysia8.04.96.7N/A-8.5%
OthersN/AN/AN/AN/A0%
Total8.04.924.214.622.2%

Top Export Markets for Quartzite from Thailand in 2022:

  1. Philippines (35.7 tons)

Source: IndexBox Market Intelligence Platform

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