Turkey: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Turkey

The Turkish natural quartz crystal market fell to $X in 2022, declining by -12.7% against the previous year. Overall, consumption, however, recorded a buoyant expansion. Natural quartz crystal consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Natural Quartz Crystal Production in Turkey

In value terms, natural quartz crystal production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 104%. Natural quartz crystal production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Natural Quartz Crystal Exports

Exports from Turkey

In 2022, natural quartz crystal exports from Turkey reduced modestly to X tons, approximately equating the year before. The total export volume increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, natural quartz crystal exports reached $X in 2022. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +14.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 23%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Iceland (X tons) and Israel (X tons) were the main destinations of natural quartz crystal exports from Turkey, with a combined 70% share of total exports. Spain, Italy, Germany and Vietnam lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +23.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Israel ($X) and Spain ($X) appeared to be the largest markets for natural quartz crystal exported from Turkey worldwide, with a combined 75% share of total exports. Iceland, Germany, Italy and Vietnam lagged somewhat behind, together accounting for a further 16%.

Germany, with a CAGR of +26.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average natural quartz crystal export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2014 an increase of 8.7% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Iceland ($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 the United States (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Quartz Crystal Imports

Imports into Turkey

After two years of decline, overseas purchases of quartz crystal (natural) increased by 9.2% to X tons in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 142%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, natural quartz crystal imports declined remarkably to $X in 2022. In general, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 99%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest supplier of natural quartz crystal to Turkey, with a 61% share of total imports. Moreover, natural quartz crystal imports from Egypt exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt amounted to +124.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.8% per year) and Spain (+44.6% per year).

In value terms, the largest natural quartz crystal suppliers to Turkey were Germany ($X), Egypt ($X) and Spain ($X), together accounting for 68% of total imports.

Egypt, with a CAGR of +82.5%, 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 mixed trend patterns.

Import Prices by Country

The average natural quartz crystal import price stood at $X per ton in 2022, which is down by -49.4% against the previous year. Over the period under review, the import price recorded a deep contraction. The pace of growth was the most pronounced in 2021 an increase of 65% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell sharply in the following year.

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 India ($X per ton), while the price for Egypt ($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 (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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