Eastern Asia: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Eastern Asia

The East Asian natural quartz crystal market dropped slightly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, recorded a noticeable setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Natural Quartz Crystal Production in Eastern Asia

In value terms, natural quartz crystal production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Natural Quartz Crystal Exports

Exports in Eastern Asia

In 2022, after three years of growth, there was decline in overseas shipments of quartz crystal (natural), when their volume decreased by X% to X tons. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, natural quartz crystal exports declined to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

China prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by South Korea (X tons), creating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to natural quartz crystal exports from China stood at X%. At the same time, South Korea (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of South Korea increased by X percentage points.

In value terms, China ($X) remains the largest natural quartz crystal supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural quartz crystal export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined slightly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while South Korea amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Natural Quartz Crystal Imports

Imports in Eastern Asia

In 2022, approx. X tons of quartz crystal (natural) were imported in Eastern Asia; rising by X% compared with 2021. Over the period under review, imports posted a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, natural quartz crystal imports surged to $X in 2022. Overall, imports posted a prominent increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

China was the key importing country with an import of about X tons, which finished at X% of total imports. Japan (X tons) took the second position in the ranking, distantly followed by South Korea (X tons). All these countries together held near X% share of total imports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported quartz crystal (natural) in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, natural quartz crystal imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural quartz crystal import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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