South Africa: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in South Africa

The South African natural quartz crystal market amounted to $X in 2022, growing by 4.6% against the previous year. In general, consumption showed a perceptible curtailment. Natural quartz crystal consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Natural Quartz Crystal Production in South Africa

In value terms, natural quartz crystal production expanded notably to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by 35%. Natural quartz crystal production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Natural Quartz Crystal Exports

Exports from South Africa

In 2022, the amount of quartz crystal (natural) exported from South Africa soared to X tons, growing by 303% compared with the previous year. Overall, exports saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural quartz crystal exports surged to $X in 2022. In general, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Australia (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of natural quartz crystal exports from South Africa, together accounting for 84% of total exports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +197.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for quartz crystal (natural) exports from South Africa, comprising 60% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 4% share of total exports. It was followed by Australia, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +129.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+26.2% per year) and Australia (+173.1% per year).

Export Prices by Country

The average natural quartz crystal export price stood at $X per ton in 2022, with a decrease of -30.2% against the previous year. In general, the export price showed a perceptible decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 47%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Australia ($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 Swaziland (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Quartz Crystal Imports

Imports into South Africa

In 2022, purchases abroad of quartz crystal (natural) increased by 39% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 217% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, natural quartz crystal imports soared to $X in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 408% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main natural quartz crystal supplier to South Africa, with a 98% share of total imports. It was followed by Vietnam (X tons), with a 0.7% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +208.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-2.1% per year) and India (-17.9% per year).

In value terms, China ($X) constituted the largest supplier of quartz crystal (natural) to South Africa, comprising 97% of total imports. The second position in the ranking was held by Vietnam ($X), with a 1.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +188.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-8.3% per year) and India (-21.0% per year).

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, declining by -9.1% against the previous year. In general, the import price showed a perceptible descent. The pace of growth was the most pronounced in 2015 an increase of 79% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Vietnam ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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