Finland: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Finland

The Finnish natural quartz crystal market declined dramatically to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption recorded a abrupt slump. Natural quartz crystal consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Natural Quartz Crystal Production in Finland

In value terms, natural quartz crystal production dropped markedly to $X in 2022 estimated in export price. Overall, production recorded a pronounced contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Natural quartz crystal production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Natural Quartz Crystal Exports

Exports from Finland

In 2022, after two years of decline, there was significant growth in shipments abroad of quartz crystal (natural), when their volume increased by X% to X tons. In general, exports, however, showed a deep setback. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, natural quartz crystal exports shrank to $X in 2022. Overall, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for natural quartz crystal exports from Finland, with a X% share of total exports. Moreover, natural quartz crystal exports to Latvia exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Latvia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Japan (X% per year).

In value terms, Latvia ($X) emerged as the key foreign market for quartz crystal (natural) exports from Finland, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with an X% share of total exports. It was followed by Russia, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Latvia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Russia (X% per year).

Export Prices by Country

The average natural quartz crystal export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a slight contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Latvia ($X 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 Estonia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Quartz Crystal Imports

Imports into Finland

In 2022, approx. X tons of quartz crystal (natural) were imported into Finland; with an increase of X% compared with the previous year. Overall, imports saw prominent growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, natural quartz crystal imports skyrocketed to $X in 2022. In general, imports enjoyed temperate growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest natural quartz crystal supplier to Finland, accounting for a X% share of total imports. Moreover, natural quartz crystal imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Norway (X% per year).

In value terms, China ($X) constituted the largest supplier of quartz crystal (natural) to Finland, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

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

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average 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 Norway ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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