Austria: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Austria

The Austrian natural quartz crystal market skyrocketed to $X in 2022, picking up by 36% against the previous year. In general, consumption recorded a resilient expansion. Natural quartz crystal consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Natural Quartz Crystal Production in Austria

In value terms, natural quartz crystal production skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 522% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Natural Quartz Crystal Exports

Exports from Austria

Natural quartz crystal exports from Austria contracted markedly to X tons in 2022, dropping by -75% on the year before. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2013 when exports increased by 246% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, natural quartz crystal exports fell dramatically to $X in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 100%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for natural quartz crystal exports from Austria, accounting for a 56% share of total exports. Moreover, natural quartz crystal exports to Italy exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold. The third position in this ranking was taken by China (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-6.9% per year) and China (+15.2% per year).

In value terms, Italy ($X), China ($X) and the Czech Republic ($X) were the largest markets for natural quartz crystal exported from Austria worldwide, with a combined 52% share of total exports. Russia, the United States, Switzerland and Germany lagged somewhat behind, together accounting for a further 31%.

The United States, with a CAGR of +116.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average natural quartz crystal export price stood at $X per ton in 2022, jumping by 72% against the previous year. In general, the export price, however, saw a deep slump. The pace of growth was the most pronounced in 2020 an increase of 85% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Italy ($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 Germany (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Quartz Crystal Imports

Imports into Austria

In 2022, purchases abroad of quartz crystal (natural) decreased by -9.7% to X tons, falling for the third consecutive year after three years of growth. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 22% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, natural quartz crystal imports rose slightly to $X in 2022. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 37% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X tons), Germany (X tons) and Brazil (X tons) were the main suppliers of natural quartz crystal imports to Austria, with a combined 98% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +2.1%), while purchases for the other leaders experienced a decline.

In value terms, Italy ($X) constituted the largest supplier of quartz crystal (natural) to Austria, comprising 70% of total imports. The second position in the ranking was taken by Germany ($X), with a 22% share of total imports. It was followed by Brazil, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.2% per year) and Brazil (-13.9% per year).

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, growing by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 26%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 China ($X per ton), while the price for Germany ($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 (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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