Portugal: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Portugal

The Portuguese natural quartz crystal market reached $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Natural Quartz Crystal Production in Portugal

In value terms, natural quartz crystal production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 16% against the previous year. Natural quartz crystal production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Natural Quartz Crystal Exports

Exports from Portugal

In 2022, the amount of quartz crystal (natural) exported from Portugal skyrocketed to X tons, jumping by 86% on 2021 figures. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 236%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, natural quartz crystal exports soared to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 242%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Spain (X tons) was the main destination for natural quartz crystal exports from Portugal, with a 97% share of total exports. It was followed by Italy (X tons), with a 1.2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain amounted to +130.2%.

In value terms, Spain ($X) remains the key foreign market for quartz crystal (natural) exports from Portugal, comprising 92% of total exports. The second position in the ranking was held by Italy ($X), with a 1.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled +152.6%.

Export Prices by Country

The average natural quartz crystal export price stood at $X per ton in 2022, growing by 5.4% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural quartz crystal export price increased by +63.2% against 2016 indices. The growth pace was the most rapid in 2013 an increase of 76% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Quartz Crystal Imports

Imports into Portugal

In 2022, overseas purchases of quartz crystal (natural) were finally on the rise to reach X tons after two years of decline. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 265%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, natural quartz crystal imports soared to $X in 2022. Overall, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by 215%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest natural quartz crystal supplier to Portugal, with a 81% share of total imports. Moreover, natural quartz crystal imports from Turkey exceeded the figures recorded by the second-largest supplier, Angola (X tons), tenfold. Spain (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Angola (+50.5% per year) and Spain (+2.9% per year).

In value terms, Turkey ($X) constituted the largest supplier of quartz crystal (natural) to Portugal, comprising 61% of total imports. The second position in the ranking was taken by Spain ($X), with a 16% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+4.7% per year) and China (+22.7% per year).

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2022, rising by 6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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 Spain ($X per ton), while the price for Angola ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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