Norway: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Norway

The Norwegian natural quartz crystal market contracted to $X in 2022, which is down by -3.8% against the previous year. In general, consumption, however, posted notable growth. As a result, consumption attained the peak level of $X, and then fell slightly in the following year.

Natural Quartz Crystal Production in Norway

In value terms, natural quartz crystal production shrank to $X in 2022 estimated in export price. In general, production recorded a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 51%. Natural quartz crystal production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Natural Quartz Crystal Exports

Exports from Norway

In 2022, approx. X tons of quartz crystal (natural) were exported from Norway; jumping by 42% compared with 2021. Overall, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, natural quartz crystal exports soared to $X in 2022. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 248%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for natural quartz crystal exports from Norway, accounting for a 78% share of total exports. Moreover, natural quartz crystal exports to Sweden exceeded the volume sent to the second major destination, the Netherlands (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden totaled -14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+94.4% per year) and China (+112.6% per year).

In value terms, the largest markets for natural quartz crystal exported from Norway were the Netherlands ($X), China ($X) and Sweden ($X), together accounting for 97% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +92.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 205%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Sweden ($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 Sweden (+0.9%), while the prices for the other major destinations experienced a decline.

Natural Quartz Crystal Imports

Imports into Norway

In 2022, after two years of growth, there was decline in purchases abroad of quartz crystal (natural), when their volume decreased by -5% to X tons. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Imports peaked at X tons in 2021, and then reduced modestly in the following year.

In value terms, natural quartz crystal imports stood at $X in 2022. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Spain (X tons) constituted the largest natural quartz crystal supplier to Norway, accounting for a 73% share of total imports. Moreover, natural quartz crystal imports from Spain exceeded the figures recorded by the second-largest supplier, Egypt (X tons), sevenfold. The third position in this ranking was held by France (X tons), with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-7.2% per year) and France (+4.9% per year).

In value terms, the largest natural quartz crystal suppliers to Norway were Spain ($X), the United States ($X) and Egypt ($X), together accounting for 89% of total imports.

The United States, with a CAGR of +59.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2022, with an increase of 9.5% against the previous year. In general, the import price recorded a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 29%. Over the period under review, average import prices reached the maximum 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 ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :