Quartzite Price in the UK - 2023

Contents:

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

Quartzite Price in the UK (CIF) - 2022

In 2022, the average quartzite import price amounted to $199 per ton, reducing by -41.1% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 57% against the previous year. Over the period under review, average import prices hit record highs at $1,088 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 China ($643 per ton), while the price for Ireland ($78 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.4%), while the prices for the other major suppliers experienced a decline.

Quartzite Price in the UK (FOB) - 2022

In 2022, the average quartzite export price amounted to $7,197 per ton, with a decrease of -35.5% against the previous year. Over the period under review, the export price, however, showed a moderate increase. The most prominent rate of growth was recorded in 2018 an increase of 679% against the previous year. As a result, the export price attained the peak level of $26,299 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($8,602 per ton), while the average price for exports to France ($4,788 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 Ireland (+3.4%), while the prices for the other major destinations experienced a decline.

Quartzite Imports in the UK

For the fourth year in a row, the UK recorded growth in purchases abroad of quartzite, which increased by 106% to 4.9K tons in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, quartzite imports surged to $968K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 99% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Quartzite to the UK in 2022:

1. Ireland (3643.3 tons)
2. India (475.8 tons)
3. China (269.2 tons)
4. Italy (219.7 tons)
5. Spain (171.2 tons)

Quartzite Exports in the UK

In 2022, the amount of quartzite exported from the UK soared to 39 tons, jumping by 137% on the previous year. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, quartzite exports skyrocketed to $279K in 2022. In general, exports showed prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 234%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Quartzite from the UK in 2022:

1. Ireland (18.3 tons)
2. France (17.6 tons)
3. Italy (2.6 tons)

Source: IndexBox Market Intelligence Platform