Angola: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Angola

The Angolan natural quartz crystal market totaled $X in 2022, with an increase of 1.5% against the previous year. Over the period under review, consumption, however, saw a mild reduction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Natural Quartz Crystal Production in Angola

In value terms, natural quartz crystal production amounted to $X in 2022 estimated in export price. Overall, production, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2013 when the production volume increased by 23%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Natural Quartz Crystal Exports

Exports from Angola

In 2022, natural quartz crystal exports from Angola dropped rapidly to X tons, which is down by -31.4% against the previous year's figure. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 221%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, natural quartz crystal exports plummeted to $X in 2022. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 148%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for natural quartz crystal exports from Angola, with a 94% share of total exports. Moreover, natural quartz crystal exports to China exceeded the volume sent to the second major destination, Portugal (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+33.5% per year) and Italy (+31.4% per year).

In value terms, China ($X) remains the key foreign market for quartz crystal (natural) exports from Angola, comprising 92% of total exports. The second position in the ranking was held by Portugal ($X), with a 4.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China totaled -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+25.1% per year) and Italy (+29.4% per year).

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, rising by 5.9% against the previous year. Overall, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 112%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to China ($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 Italy (-1.5%), while the prices for the other major destinations experienced a decline.

Natural Quartz Crystal Imports

Imports into Angola

In 2022, approx. X tons of quartz crystal (natural) were imported into Angola; reducing by -2.9% on the year before. Over the period under review, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 592%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, natural quartz crystal imports skyrocketed to $X in 2022. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 166% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of natural quartz crystal to Angola, accounting for a 59% share of total imports. Moreover, natural quartz crystal imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by Brazil (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+18.2% per year) and Brazil (-2.9% per year).

In value terms, the largest natural quartz crystal suppliers to Angola were Brazil ($X), China ($X) and India ($X), with a combined 94% share of total imports.

China, with a CAGR of +1.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2022, surging by 19% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 33%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+55.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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