Report Update Nov 1, 2024

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

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Dominican Republic: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in the Dominican Republic

The Dominican natural quartz crystal market rose to $X in 2022, surging by 2.2% against the previous year. The market value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Natural Quartz Crystal Production in the Dominican Republic

In value terms, natural quartz crystal production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Natural Quartz Crystal Exports

Exports from the Dominican Republic

In 2022, overseas shipments of quartz crystal (natural) were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural quartz crystal exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 286%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Aruba (X tons) was the main destination for natural quartz crystal exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Aruba was relatively modest.

In value terms, Aruba ($X) emerged as the key foreign market for quartz crystal (natural) exports from the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value to Aruba was relatively modest.

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, which is down by -96.3% against the previous year. Over the period under review, the export price saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 1,456%. The export price peaked at $X per ton in 2021, and then reduced rapidly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Turks and Caicos Islands amounted to +1,568.8% per year.

Natural Quartz Crystal Imports

Imports into the Dominican Republic

In 2022, after two years of growth, there was decline in supplies from abroad of quartz crystal (natural), when their volume decreased by -2.5% to X tons. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 294% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, natural quartz crystal imports soared to $X in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2013 when imports increased by 406%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X tons), Peru (X tons) and the United States (X tons) were the main suppliers of natural quartz crystal imports to the Dominican Republic, together accounting for 74% of total imports. China, Spain and Panama lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +105.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest natural quartz crystal suppliers to the Dominican Republic were China ($X), Italy ($X) and Spain ($X), with a combined 79% share of total imports.

China, with a CAGR of +103.5%, 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 more modest paces of growth.

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2022, growing by 64% against the previous year. Over the period under review, the import price recorded prominent growth. The import price peaked at $X per ton in 2019; however, from 2020 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 Spain ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+51.6%), 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. Turkey ranked third in terms of total consumption 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. The third position in this ranking was occupied by Turkey, with a 6.2% share.

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

In value terms, the United States constituted the largest supplier of natural quartz crystal to the Dominican Republic, comprising 52% of total imports. The second position in the ranking was occupied by China, with a 24% share of total imports. It was followed by Peru, with a 7.3% share.

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

In value terms, the United States remains the key foreign market for natural quartz crystal exports from the Dominican Republic.

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

In 2021, the average natural quartz crystal export price amounted to $4,417 per ton, surging by 12% against the previous year.

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

In 2021, the average natural quartz crystal import price amounted to $783 per ton, with a decrease of -18.4% against the previous year.

This report provides an in-depth analysis of the natural quartz crystal market in the Dominican Republic. 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:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
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