Hong Kong SAR, China: Natural Quartz Crystal Market 2025

Natural Quartz Crystal Market Size in Hong Kong SAR, China

The Hong Kong natural quartz crystal market reduced slightly to $X in 2022, with a decrease of -1.6% against the previous year. Overall, consumption saw a pronounced reduction. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Natural Quartz Crystal Production in Hong Kong SAR, China

In value terms, natural quartz crystal production dropped slightly to $X in 2022 estimated in export price. Overall, production recorded a pronounced slump. The most prominent rate of growth was recorded in 2016 with an increase of 23% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Natural Quartz Crystal Exports

Exports from Hong Kong SAR, China

For the third consecutive year, Hong Kong SAR recorded growth in overseas shipments of quartz crystal (natural), which increased by 1,264% to X tons in 2022. Over the period under review, exports showed a prominent increase. 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 surged to $X in 2022. In general, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for natural quartz crystal exports from Hong Kong SAR, with a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China stood at +11.0%.

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

From 2012 to 2022, the average annual growth rate of value to China amounted to +12.9%.

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, picking up by 2.6% against the previous year. Over the period under review, the export price recorded a mild increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 173%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.7% per year.

Natural Quartz Crystal Imports

Imports into Hong Kong SAR, China

In 2022, imports of quartz crystal (natural) into Hong Kong SAR soared to X tons, jumping by 345% on the year before. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 408% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, natural quartz crystal imports surged to $X in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and South Africa (X tons) were the main suppliers of natural quartz crystal imports to Hong Kong SAR, with a combined 94% share of total imports.

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 +31.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of quartz crystal (natural) to Hong Kong SAR, comprising 82% of total imports. The second position in the ranking was held by China ($X), with a 10% share of total imports. It was followed by South Africa, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +469.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.3% per year) and South Africa (0.0% per year).

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, reducing by -25.8% against the previous year. In general, the import price recorded a noticeable contraction. The growth pace was the most rapid in 2021 an increase of 417%. The import price peaked at $X per ton in 2013; however, from 2014 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 Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+400.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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