Quartzite Price in Turkey - 2023

Contents:

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

Quartzite Price in Turkey (FOB) - 2022

In 2022, the average quartzite export price amounted to $44 per ton, reducing by -23.3% against the previous year. In general, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 199% against the previous year. Over the period under review, the average export prices reached the peak figure at $170 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($488 per ton), while the average price for exports to Georgia amounted to $34 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-6.6%).

Quartzite Price in Turkey (CIF) - 2022

The average quartzite import price stood at $3,381 per ton in 2022, surging by 18% against the previous year. In general, the import price recorded a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 318% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +20.6% per year.

Quartzite Exports in Turkey

In 2022, the amount of quartzite exported from Turkey skyrocketed to 14K tons, growing by 230% against the previous year's figure. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 1,954%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, quartzite exports surged to $618K in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 588% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Export of Quartzite in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia1662.518447041.5%
Canada23.08.954.013881.7%
Others29.324.06.09.8-30.6%
Total21835.424461841.5%

Top Export Markets for Quartzite from Turkey in 2022:

  1. Georgia (13.8K tons)
  2. Canada (0.3K tons)

Quartzite Imports in Turkey

Quartzite imports into Turkey dropped slightly to 74 tons in 2022, which is down by -2.7% compared with 2021. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 90%.

In value terms, quartzite imports rose significantly to $252K in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 309% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Quartzite in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy24650.71822480.3%
Iran2.02.0N/AN/A0.0%
BrazilN/AN/A33.5N/A0%
Others0.30.94.24.0137.1%
Total24953.72192520.4%

Top Suppliers of Quartzite to Turkey in 2022:

  1. Italy (73.5 tons)

Source: IndexBox Market Intelligence Platform

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