Quartzite Price in the United States - 2023
Contents:
- Quartzite Price in the United States (CIF) - 2023
- Quartzite Price in the United States (FOB) - 2022
- Quartzite Imports in the United States
- Quartzite Exports in the United States
Quartzite Price in the United States (CIF) - 2023
The average quartzite import price stood at $439 per ton in July 2023, shrinking by -24.3% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 33% against the previous month. Over the period under review, average import prices hit record highs at $674 per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Brazil ($1,764 per ton), while the price for Canada ($272 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Canada (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Quartzite Price in the United States (FOB) - 2022
The average quartzite export price stood at $546 per ton in 2022, reducing by -12.1% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, quartzite export price increased by +35.9% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 84%. As a result, the export price attained the peak level of $795 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 Australia ($1,943 per ton), while the average price for exports to Italy ($381 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 South Korea (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Quartzite Imports in the United States
In 2022, the amount of quartzite imported into the United States shrank to 102K tons, waning by -8.6% against the previous year. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 43%. As a result, imports attained the peak of 112K tons, and then fell in the following year.
In value terms, quartzite imports declined to $42M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports reached the peak of $43M, and then contracted in the following year.
| Import of Quartzite in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 10.7 | 12.2 | 17.0 | 19.0 | 21.1% |
| Canada | 13.2 | 7.2 | 8.8 | 11.3 | -5.0% |
| Turkey | 0.9 | 4.7 | 4.8 | 5.2 | 79.4% |
| Italy | 2.8 | 3.4 | 4.2 | 3.8 | 10.7% |
| China | 5.8 | 3.8 | 6.2 | 1.7 | -33.6% |
| India | 0.5 | 0.8 | 0.5 | 1.1 | 30.1% |
| Others | 1.3 | 0.5 | 1.3 | 0.1 | -57.5% |
| Total | 35.3 | 32.6 | 42.8 | 42.3 | 6.2% |
Top Suppliers of Quartzite to the United States in 2022:
- Canada (50.5K tons)
- Turkey (29.1K tons)
- Brazil (12.8K tons)
- China (5.5K tons)
- Italy (2.7K tons)
- India (1.6K tons)
Quartzite Exports in the United States
In 2022, exports of quartzite from the United States soared to 8K tons, with an increase of 123% compared with the previous year. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 351%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, quartzite exports surged to $4.4M in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 181% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Quartzite in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | N/A | 365 | 2,825 | 903.0% |
| Australia | N/A | 8.2 | N/A | 532 | 705.5% |
| Canada | 306 | 1,237 | 884 | 475 | 15.8% |
| Italy | N/A | 253 | 35.0 | 173 | -17.3% |
| Bahamas | 42.0 | 28.4 | 180 | 102 | 34.4% |
| Others | 280 | 248 | 771 | 280 | 0.0% |
| Total | 631 | 1,774 | 2,235 | 4,386 | 90.8% |
Top Export Markets for Quartzite from the United States in 2022:
- China (6.2K tons)
- Canada (0.7K tons)
- Italy (0.5K tons)
- Australia (0.3K tons)
- Bahamas (0.2K tons)
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According to market research conducted by IndexBox, the global quartz market expanded to X thousand tons in 2015, displaying
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