Report Update Nov 1, 2024

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

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Nigeria: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Nigeria

The Nigerien natural quartz crystal market fell dramatically to $X in 2022, declining by -45.4% 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). In general, consumption, however, continues to indicate a significant increase. Natural quartz crystal consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Natural Quartz Crystal Exports

Exports from Nigeria

In 2022, overseas shipments of quartz crystal (natural) increased by 39% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 766% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, natural quartz crystal exports soared to $X in 2022. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 898% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

China (X tons) was the main destination for natural quartz crystal exports from Nigeria, with a 99% share of total exports. It was followed by Ghana (X tons), with a 1.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +43.4%.

In value terms, China ($X) remains the key foreign market for quartz crystal (natural) exports from Nigeria, comprising 99% of total exports. The second position in the ranking was taken by Ghana ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +31.4%.

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, declining by -9.4% against the previous year. In general, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2019 an increase of 70%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Ghana amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Quartz Crystal Imports

Imports into Nigeria

Natural quartz crystal imports into Nigeria contracted remarkably to X tons in 2022, which is down by -25.6% compared with the year before. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 686%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, natural quartz crystal imports shrank dramatically to $X in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 724%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main natural quartz crystal supplier to Nigeria, accounting for a 97% share of total imports. It was followed by India (X tons), with a 1.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +52.6%.

In value terms, China ($X) constituted the largest supplier of quartz crystal (natural) to Nigeria, comprising 95% of total imports. The second position in the ranking was held by India ($X), with a 0.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +50.9%.

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, reducing by -47.6% against the previous year. In general, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+25.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quartz crystal (natural) in the world?

The country with the largest volume of natural quartz crystal consumption was China, accounting for 27% of total volume. Moreover, natural quartz crystal consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Turkey ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of quartz crystal (natural) in the world?

China constituted the country with the largest volume of natural quartz crystal production, comprising approx. 27% of total volume. Moreover, natural quartz crystal production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Turkey, with a 6.2% share.

What are the leading suppliers of quartz crystal (natural) to Nigeria?

In value terms, China constituted the largest supplier of natural quartz crystal to Nigeria.

What are the leading importers of quartz crystal (natural) from Nigeria?

In value terms, China remains the key foreign market for natural quartz crystal exports from Nigeria.

What is the average export price for quartz crystal (natural) in Nigeria?

The average natural quartz crystal export price stood at $405 per ton in 2021, falling by -5.4% against the previous year.

What is the average import price for quartz crystal (natural) in Nigeria?

In 2021, the average natural quartz crystal import price amounted to $371 per ton, with a decrease of -15.2% against the previous year.

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

Nigeria

Data coverage:

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