Ukraine: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in Ukraine

In 2022, the Ukrainian natural quartz crystal market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, faced a abrupt setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Natural Quartz Crystal Production in Ukraine

In value terms, natural quartz crystal production fell modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by 29%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Natural Quartz Crystal Exports

Exports from Ukraine

In 2022, the amount of quartz crystal (natural) exported from Ukraine dropped rapidly to X tons, falling by -34.8% on the previous year's figure. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural quartz crystal exports dropped notably to $X in 2022. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 78%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X tons), Slovakia (X tons) and Russia (X tons) were the main destinations of natural quartz crystal exports from Ukraine, together comprising 99% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +6.4%), while the other leaders experienced a decline.

In value terms, the largest markets for natural quartz crystal exported from Ukraine were Poland ($X), Russia ($X) and Slovakia ($X), with a combined 98% share of total exports.

Slovakia, with a CAGR of +2.6%, recorded 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 a decline.

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, increasing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2019 when the average export price increased by 27%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Slovakia ($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 Russia (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Quartz Crystal Imports

Imports into Ukraine

In 2022, approx. X tons of quartz crystal (natural) were imported into Ukraine; waning by -53.7% on 2021 figures. Over the period under review, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of 414%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, natural quartz crystal imports shrank rapidly to $X in 2022. In general, imports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2013 with an increase of 330%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of natural quartz crystal imports to Ukraine, together accounting for 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +43.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Poland ($X) and Germany ($X) were the largest natural quartz crystal suppliers to Ukraine, with a combined 91% share of total imports.

Turkey, with a CAGR of +41.5%, recorded the highest growth rate of the value of imports, in terms of 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, therefore, remained relatively stable against the previous year. In general, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 19%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Italy ($X per ton), while the price for Russia ($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 (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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