Report Update Nov 1, 2024

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

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Nepal: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Nepal

The Nepalese natural quartz crystal market contracted remarkably to $X in 2022, with a decrease of -24.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate buoyant growth. Over the period under review, the market attained the peak level at $X in 2021, and then reduced markedly in the following year.

Natural Quartz Crystal Exports

Exports from Nepal

In 2022, overseas shipments of quartz crystal (natural) increased by 126% to X kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 433%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural quartz crystal exports skyrocketed to $X in 2022. Overall, exports, however, showed a sharp shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 310%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for natural quartz crystal exports from Nepal, accounting for a 55% share of total exports. Moreover, natural quartz crystal exports to Germany exceeded the volume sent to the second major destination, China (X kg), threefold. The third position in this ranking was held by the United States (X kg), with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled -22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-29.1% per year) and the United States (-27.6% per year).

In value terms, Germany ($X) remains the key foreign market for quartz crystal (natural) exports from Nepal, comprising 56% of total exports. The second position in the ranking was taken by France ($X), with a 26% share of total exports. It was followed by Switzerland, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled -15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-13.0% per year) and Switzerland (-36.5% per year).

Export Prices by Country

The average natural quartz crystal export price stood at $X per ton in 2022, dropping by -28.8% against the previous year. Over the period under review, the export price showed a slight contraction. The growth pace was the most rapid in 2016 an increase of 106% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United States ($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 Germany (+9.3%), while the prices for the other major destinations experienced a decline.

Natural Quartz Crystal Imports

Imports into Nepal

Natural quartz crystal imports into Nepal fell remarkably to X tons in 2022, declining by -26.8% on the previous year. In general, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2017 with an increase of 147% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced rapidly in the following year.

In value terms, natural quartz crystal imports fell sharply to $X in 2022. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by 123%. Imports peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, India (X tons) was the main natural quartz crystal supplier to Nepal, with a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +11.0%.

In value terms, India ($X) constituted the largest supplier of quartz crystal (natural) to Nepal.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +6.8%.

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, picking up by 6.5% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 7.9%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -3.9% per year.

Source: IndexBox Platform

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

Nepal

Data coverage:

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