MENA: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in MENA

In 2022, the MENA's natural quartz crystal market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Natural Quartz Crystal Production in MENA

In value terms, natural quartz crystal production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Natural Quartz Crystal Exports

Exports in MENA

In 2022, approx. X tons of quartz crystal (natural) were exported in MENA; with a decrease of X% on the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, natural quartz crystal exports shrank to $X in 2022. The total export value increased at an average annual rate of X% from 2012 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 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey prevails in exports structure, recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Egypt (X tons), mixing up an X% share of total exports. Iran (X tons) took a little share of total exports.

Turkey was also the fastest-growing in terms of the quartz crystal (natural) exports, with a CAGR of X% from 2012 to 2022. Egypt (X%) and Iran (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Iran (X p.p.) and Egypt (X p.p.) displayed negative dynamics.

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

In Turkey, natural quartz crystal exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while Egypt ($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 other leaders experienced a decline in the export price figures.

Natural Quartz Crystal Imports

Imports in MENA

Natural quartz crystal imports fell remarkably to X tons in 2022, reducing by X% compared with 2021 figures. In general, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, natural quartz crystal imports fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

Israel was the major importing country with an import of around X tons, which finished at X% of total imports. Kuwait (X tons) held the second position in the ranking, followed by the United Arab Emirates (X tons), Qatar (X tons), Jordan (X tons) and Oman (X tons). All these countries together held near X% share of total imports. Algeria (X tons) took a relatively small share of total imports.

Imports into Israel increased at an average annual rate of X% from 2012 to 2022. At the same time, Jordan (X%), Qatar (X%), Algeria (X%), Kuwait (X%) and Oman (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. The United Arab Emirates experienced a relatively flat trend pattern. From 2012 to 2022, the share of Qatar, Israel, Jordan, Kuwait and Algeria increased by X, X, X, X and X percentage points, respectively.

In value terms, Israel ($X) constitutes the largest market for imported quartz crystal (natural) in MENA, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Israel amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Jordan ($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 United Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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