Slovakia: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Slovakia

In 2022, the Slovak natural quartz crystal market decreased by -24% to $X, falling for the third consecutive year after three years of growth. In general, consumption, however, recorded a significant increase. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Natural Quartz Crystal Production in Slovakia

In value terms, natural quartz crystal production dropped dramatically to $X in 2022 estimated in export price. In general, production, however, showed a significant expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 396%. Natural quartz crystal production peaked at $X in 2021, and then contracted significantly in the following year.

Natural Quartz Crystal Exports

Exports from Slovakia

In 2022, approx. X tons of quartz crystal (natural) were exported from Slovakia; jumping by 24% on the previous year's figure. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 with an increase of 3,660% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, natural quartz crystal exports totaled $X in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2019 with an increase of 2,789%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for natural quartz crystal exports from Slovakia, with a 91% share of total exports. Moreover, natural quartz crystal exports to Poland exceeded the volume sent to the second major destination, the Czech Republic (X kg), more than tenfold. Germany (X kg) ranked third in terms of total exports with a 3.1% share.

From 2014 to 2022, the average annual rate of growth in terms of volume to Poland amounted to +82.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-33.3% per year) and Germany (-47.1% per year).

In value terms, Poland ($X) remains the key foreign market for quartz crystal (natural) exports from Slovakia, comprising 96% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 2.8% share of total exports. It was followed by Germany, with a 1% share.

From 2014 to 2022, the average annual rate of growth in terms of value to Poland stood at +22.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-41.2% per year) and Germany (-59.7% per year).

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, falling by -19.2% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 4,681% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-12.0%), while the prices for the other major destinations experienced a decline.

Natural Quartz Crystal Imports

Imports into Slovakia

After two years of growth, supplies from abroad of quartz crystal (natural) decreased by -24.1% to X tons in 2022. In general, imports recorded a mild decline. The pace of growth was the most pronounced in 2017 with an increase of 197% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, natural quartz crystal imports totaled $X in 2022. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 108% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest supplier of natural quartz crystal to Slovakia, accounting for a 72% share of total imports. Moreover, natural quartz crystal imports from Ukraine exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. Norway (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Ukraine totaled +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-8.5% per year) and Norway (0.0% per year).

In value terms, Ukraine ($X), Norway ($X) and Poland ($X) appeared to be the largest natural quartz crystal suppliers to Slovakia, together comprising 96% of total imports.

Among the main suppliers, Norway, with a CAGR of 0.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2022, with an increase of 32% against the previous year. In general, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 96%. 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.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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