Canada: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Canada

The Canadian natural quartz crystal market stood at $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +5.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Natural Quartz Crystal Production in Canada

In value terms, natural quartz crystal production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.3% against 2020 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 81%. Natural quartz crystal production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Natural Quartz Crystal Exports

Exports from Canada

In 2022, approx. X tons of quartz crystal (natural) were exported from Canada; picking up by 23% on the year before. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.2% against 2020 indices. The growth pace was the most rapid in 2015 when exports increased by 31%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, natural quartz crystal exports soared to $X in 2022. In general, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.6% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for natural quartz crystal exports from Canada, accounting for a 92% share of total exports. Moreover, natural quartz crystal exports to the United States exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +7.5%.

In value terms, the United States ($X) remains the key foreign market for quartz crystal (natural) exports from Canada, comprising 98% of total exports. The second position in the ranking was taken by Sweden ($X), with a 1.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +7.7%.

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, increasing by 1.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 18% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.2%).

Natural Quartz Crystal Imports

Imports into Canada

In 2022, supplies from abroad of quartz crystal (natural) decreased by -13.4% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 174%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, natural quartz crystal imports declined modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 103%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Spain (X tons), China (X tons) and India (X tons) were the main suppliers of natural quartz crystal imports to Canada, together accounting for 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +115.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of quartz crystal (natural) to Canada, comprising 60% of total imports. The second position in the ranking was taken by India ($X), with a 17% share of total imports. It was followed by Spain, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+39.3% per year) and Spain (+55.2% per year).

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, picking up by 15% against the previous year. Overall, the import price, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 48% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per ton), while the price for Switzerland ($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 States (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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