Japan: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Japan

The Japanese natural quartz crystal market contracted slightly to $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, showed a perceptible downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Natural Quartz Crystal Production in Japan

In value terms, natural quartz crystal production contracted modestly to $X in 2022 estimated in export price. In general, production, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2016 with an increase of 35% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Natural Quartz Crystal Exports

Exports from Japan

In 2022, overseas shipments of quartz crystal (natural) increased by 5.3% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, saw a pronounced setback. The pace of growth was the most pronounced in 2013 when exports increased by 54% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural quartz crystal exports fell slightly to $X in 2022. Overall, exports, however, showed a noticeable descent. The growth pace was the most rapid in 2016 when exports increased by 110% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for natural quartz crystal exports from Japan, with a 56% share of total exports. Moreover, natural quartz crystal exports to China exceeded the volume sent to the second major destination, Indonesia (X tons), fivefold. The third position in this ranking was taken by Thailand (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+84.8% per year) and Thailand (-10.5% per year).

In value terms, China ($X) remains the key foreign market for quartz crystal (natural) exports from Japan, comprising 58% of total exports. The second position in the ranking was held by Thailand ($X), with a 9.5% share of total exports. It was followed by Malaysia, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to -3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-6.7% per year) and Malaysia (+1.5% per year).

Export Prices by Country

The average natural quartz crystal export price stood at $X per ton in 2022, with a decrease of -6.9% against the previous year. Overall, the export price recorded a slight decrease. The most prominent rate of growth was recorded in 2014 an increase of 86%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Vietnam ($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 the United States (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Quartz Crystal Imports

Imports into Japan

In 2022, supplies from abroad of quartz crystal (natural) increased by 34% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural quartz crystal imports soared to $X in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest natural quartz crystal supplier to Japan, accounting for a 42% share of total imports. Moreover, natural quartz crystal imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. India (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-2.7% per year) and India (-1.5% per year).

In value terms, the United States ($X) constituted the largest supplier of quartz crystal (natural) to Japan, comprising 54% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports. It was followed by India, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.5% per year) and India (+0.8% per year).

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2022, surging by 5.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 14% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

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 the United States ($X per ton), while the price for South Korea ($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 (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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