Italy: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Italy

The Italian natural quartz crystal market soared to $X in 2022, rising by 35% against the previous year. Over the period under review, consumption, however, showed a noticeable shrinkage. Natural quartz crystal consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Natural Quartz Crystal Production in Italy

In value terms, natural quartz crystal production surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced reduction. Natural quartz crystal production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Natural Quartz Crystal Exports

Exports from Italy

In 2022, overseas shipments of quartz crystal (natural) increased by 1.1% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.0% 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 +22.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 47% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, natural quartz crystal exports contracted to $X in 2022. In general, exports posted a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 47% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of natural quartz crystal exports from Italy, with a combined 60% share of total exports. The United States, France, Switzerland, Australia, Spain, Austria and India lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +130.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for quartz crystal (natural) exports from Italy, comprising 26% of total exports. The second position in the ranking was taken by Australia ($X), with a 9.2% share of total exports. It was followed by Germany, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +68.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+139.6% per year) and Germany (+8.8% per year).

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, with a decrease of -13.8% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 69%. The export price peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Spain (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Quartz Crystal Imports

Imports into Italy

In 2022, supplies from abroad of quartz crystal (natural) increased by 1.4% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.2% 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 2021 when imports increased by 44%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, natural quartz crystal imports skyrocketed to $X in 2022. In general, imports saw a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 61%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Brazil (X tons) constituted the largest natural quartz crystal supplier to Italy, with a 67% share of total imports. Moreover, natural quartz crystal imports from Brazil exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was held by Turkey (X tons), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.2% per year) and Turkey (-7.2% per year).

In value terms, Brazil ($X) constituted the largest supplier of quartz crystal (natural) to Italy, comprising 91% of total imports. The second position in the ranking was held by Turkey ($X), with a 3% share of total imports. It was followed by Germany, with a 1.8% share.

From 2012 to 2022, the average annual growth rate of value from Brazil totaled +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-5.0% per year) and Germany (-2.4% per year).

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, growing by 23% against the previous year. In general, the import price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 26%. The import price peaked in 2022 and is likely to continue 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 Switzerland (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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