Singapore: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Singapore

The Singaporean natural quartz crystal market totaled $X in 2022, leveling off at the previous year. Over the period under review, consumption, however, showed a pronounced decline. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Natural Quartz Crystal Production in Singapore

In value terms, natural quartz crystal production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Natural Quartz Crystal Exports

Exports from Singapore

In 2022, after two years of decline, there was significant growth in overseas shipments of quartz crystal (natural), when their volume increased by X% to X tons. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, natural quartz crystal exports skyrocketed to $X in 2022. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons), Malaysia (X tons) and Vietnam (X tons) were the main destinations of natural quartz crystal exports from Singapore, together comprising X% of total exports. Indonesia, Taiwan (Chinese), Thailand, the United States and Japan lagged somewhat behind, together accounting for a further X%.

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

In value terms, Malaysia ($X) remains the key foreign market for quartz crystal (natural) exports from Singapore, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with an X% share.

From 2012 to 2022, the average annual growth rate of value to Malaysia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average natural quartz crystal export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Indonesia ($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 Fiji (X%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Quartz Crystal Imports

Imports into Singapore

In 2022, natural quartz crystal imports into Singapore surged to X tons, growing by X% against 2021. Overall, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural quartz crystal imports soared to $X in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), India (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of natural quartz crystal imports to Singapore, together accounting for X% of total imports. Brazil, Italy, the United States and Malaysia lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X) constituted the largest supplier of quartz crystal (natural) to Singapore, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by India, with an X% share.

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

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price showed a prominent expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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