Report Update Nov 1, 2024

Cuba - Quartz Crystal (Natural) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Natural Quartz Crystal Market 2022

Natural Quartz Crystal Market Size in Cuba

The Cuban natural quartz crystal market soared to $X in 2021, rising by 53% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a perceptible curtailment. Natural quartz crystal consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Natural Quartz Crystal Exports

Exports from Cuba

In 2018, natural quartz crystal exports from Cuba surged to X kg, jumping by 787% compared with the year before. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural quartz crystal exports skyrocketed to $X in 2018. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X kg) was the main destination for natural quartz crystal exports from Cuba, accounting for a approx. 100% share of total exports.

From 2017 to 2018, the average annual growth rate of volume to China totaled +787.4%.

In value terms, China ($X) also remains the key foreign market for natural quartz crystal exports from Cuba.

From 2017 to 2018, the average annual growth rate of value to China amounted to +415.6%.

Export Prices by Country

In 2018, the average natural quartz crystal export price amounted to $X per ton, waning by -41.9% against the previous year. Overall, the export price faced a significant decrease. Over the period under review, the average export prices reached the maximum at $X per ton in 2017, and then reduced dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2017 to 2018, the rate of growth in terms of prices for China amounted to -41.9% per year.

Natural Quartz Crystal Imports

Imports into Cuba

In 2021, approx. X tons of quartz crystal (natural) were imported into Cuba; with an increase of 138% compared with 2020. Overall, imports, however, saw a slight reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 336%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, natural quartz crystal imports contracted remarkably to $X in 2021. In general, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 636%. As a result, imports attained the peak of $X, and then dropped remarkably in the following year.

Imports by Country

Spain (X tons), Italy (X tons) and Canada (X tons) were the main suppliers of natural quartz crystal imports to Cuba, together accounting for 99% of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +20.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X) constituted the largest supplier of natural quartz crystal to Cuba, comprising 65% of total imports. The second position in the ranking was taken by Italy ($X), with a 32% share of total imports. It was followed by Canada, with a 2.1% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.1% per year) and Canada (-12.9% per year).

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2021, with a decrease of -76.1% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 255% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+471.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quartz crystal (natural) in the world?

China remains the largest natural quartz crystal consuming country worldwide, comprising approx. 27% of total volume. Moreover, natural quartz crystal consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by Turkey, with a 6.1% share.

What are the largest producers of quartz crystal (natural) in the world?

China remains the largest natural quartz crystal producing country worldwide, comprising approx. 27% of total volume. Moreover, natural quartz crystal production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Turkey ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of quartz crystal (natural) to Cuba?

In value terms, Spain constituted the largest supplier of natural quartz crystal to Cuba, comprising 65% of total imports. The second position in the ranking was occupied by Italy, with a 32% share of total imports.

What are the leading importers of quartz crystal (natural) from Cuba?

In value terms, China remains the key foreign market for natural quartz crystal exports from Cuba.

What is the average export price for quartz crystal (natural) in Cuba?

The average natural quartz crystal export price stood at $3,048 per ton in 2018, reducing by -41% against the previous year.

What is the average import price for quartz crystal (natural) in Cuba?

In 2021, the average natural quartz crystal import price amounted to $411 per ton, waning by -69.1% against the previous year.

This report provides an in-depth analysis of the natural quartz crystal market in Cuba. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08111290 - Porphyry, basalt, quartzites and other monumental or building stone, crude, roughly trimmed or merely cut (excluding calcareous monumental or building stone of a gravity . 2,5, g ranite and sandstone)
Prodcom 08992900 - Other minerals

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023