Jordan: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Jordan

The Jordanian natural quartz crystal market rose rapidly to $X in 2022, growing by 5.2% against the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Natural Quartz Crystal Production in Jordan

In value terms, natural quartz crystal production reached $X in 2022 estimated in export price. In general, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.8% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by 55%. Natural quartz crystal production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Natural Quartz Crystal Exports

Exports from Jordan

In 2022, approx. X tons of quartz crystal (natural) were exported from Jordan; with an increase of 3.6% compared with the previous year. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 52,607% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, natural quartz crystal exports dropped remarkably to $X in 2022. In general, exports enjoyed a slight increase. The pace of growth appeared the most rapid in 2013 with an increase of 4,729%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

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

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

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

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

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, reducing by -92.2% against the previous year. Overall, the export price recorded a significant decrease. The growth pace was the most rapid in 2021 an increase of 4,490% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to -12.9% per year.

Natural Quartz Crystal Imports

Imports into Jordan

In 2022, supplies from abroad of quartz crystal (natural) increased by 152% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 1,268%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, natural quartz crystal imports contracted sharply to $X in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 1,611% against the previous year. As a result, imports reached the peak of $X, and then reduced dramatically in the following year.

Imports by Country

In 2022, India (X tons) was the main natural quartz crystal supplier to Jordan, with a 93% share of total imports. Moreover, natural quartz crystal imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by Saudi Arabia (X tons), with a 0.7% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at +72.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+88.5% per year) and Saudi Arabia (+3.9% per year).

In value terms, India ($X) constituted the largest supplier of quartz crystal (natural) to Jordan, comprising 55% of total imports. The second position in the ranking was taken by China ($X), with a 27% share of total imports. It was followed by Saudi Arabia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from India totaled +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+89.7% per year) and Saudi Arabia (+64.0% per year).

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, declining by -78.8% against the previous year. In general, the import price showed a abrupt setback. The growth pace was the most rapid in 2020 when the average import price increased by 60% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+58.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform