Western Africa: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Western Africa

The West African natural quartz crystal market totaled $X in 2022, surging by X% against the previous year. In general, consumption, however, showed a mild slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Natural Quartz Crystal Production in Western Africa

In value terms, natural quartz crystal production totaled $X in 2022 estimated in export price. In general, production, however, recorded a mild decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Natural Quartz Crystal Exports

Exports in Western Africa

Natural quartz crystal exports skyrocketed to X tons in 2022, growing by X% compared with the previous year's figure. Overall, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, natural quartz crystal exports soared to $X in 2022. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria represented the major exporter of quartz crystal (natural) in Western Africa, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Mauritania (X tons), creating a X% share of total exports. The following exporters - Togo (X tons) and Benin (X tons) - each recorded a X% share of total exports.

Nigeria was also the fastest-growing in terms of the quartz crystal (natural) exports, with a CAGR of X% from 2012 to 2022. At the same time, Togo (X%) and Mauritania (X%) displayed positive paces of growth. By contrast, Benin (X%) illustrated a downward trend over the same period. While the share of Nigeria (X p.p.), Mauritania (X p.p.) and Togo (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Benin (X p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) remains the largest natural quartz crystal supplier in Western Africa, comprising X% of total exports. The second position in the ranking was held by Togo ($X), with a X% share of total exports. It was followed by Benin, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Togo (X% per year) and Benin (X% per year).

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, falling by X% against the previous year. In general, the export price showed a deep downturn. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

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

Natural Quartz Crystal Imports

Imports in Western Africa

In 2022, approx. X tons of quartz crystal (natural) were imported in Western Africa; which is down by X% compared with the previous year. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, natural quartz crystal imports fell dramatically to $X in 2022. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Nigeria (X tons) represented the main importer of quartz crystal (natural), achieving X% of total imports. Ghana (X tons) took the second position in the ranking, followed by Senegal (X tons). All these countries together held approx. X% share of total imports. Mali (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to natural quartz crystal imports into Nigeria stood at X%. At the same time, Mali (X%), Senegal (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. Nigeria (X p.p.), Senegal (X p.p.) and Mali (X p.p.) significantly strengthened its position in terms of the total imports, while Ghana saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Nigeria ($X) constitutes the largest market for imported quartz crystal (natural) in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with an X% share of total imports. It was followed by Senegal, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria totaled X%. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Senegal (X% per year).

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, reducing by X% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Ghana ($X per ton), while Mali ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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