Egypt: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Egypt

In 2022, the Egyptian natural quartz crystal market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, recorded a slight contraction. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Natural Quartz Crystal Production in Egypt

In value terms, natural quartz crystal production shrank modestly to $X in 2022 estimated in export price. Overall, production showed a mild reduction. The pace of growth appeared the most rapid in 2015 with an increase of X%. Natural quartz crystal production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Natural Quartz Crystal Exports

Exports from Egypt

In 2022, approx. X tons of quartz crystal (natural) were exported from Egypt; dropping by X% compared with 2021 figures. Over the period under review, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, natural quartz crystal exports reduced sharply to $X in 2022. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for natural quartz crystal exports from Egypt, with a X% share of total exports. Moreover, natural quartz crystal exports to Norway exceeded the volume sent to the second major destination, Libya (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway stood at X%.

In value terms, Norway ($X) remains the key foreign market for quartz crystal (natural) exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Libya ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Norway stood at X%.

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($X per ton), while the average price for exports to Norway stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced a decline.

Natural Quartz Crystal Imports

Imports into Egypt

In 2022, supplies from abroad of quartz crystal (natural) decreased by X% to X tons, falling for the fourth year in a row after two years of growth. In general, imports faced a deep contraction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, natural quartz crystal imports fell sharply to $X in 2022. Overall, imports recorded a precipitous slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest natural quartz crystal supplier to Egypt, with a X% share of total imports. Moreover, natural quartz crystal imports from Turkey exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was held by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of quartz crystal (natural) to Egypt, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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