United Arab Emirates: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in the United Arab Emirates

The natural quartz crystal market in the United Arab Emirates dropped remarkably to $X in 2022, with a decrease of -15.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Natural Quartz Crystal Exports

Exports from the United Arab Emirates

In 2022, approx. X tons of quartz crystal (natural) were exported from the United Arab Emirates; with an increase of 11% against the year before. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 468% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, natural quartz crystal exports dropped remarkably to $X in 2022. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 389%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Uzbekistan (X tons) was the main destination for natural quartz crystal exports from the United Arab Emirates, accounting for a 85% share of total exports. Moreover, natural quartz crystal exports to Uzbekistan exceeded the volume sent to the second major destination, India (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Uzbekistan was relatively modest.

In value terms, India ($X) emerged as the key foreign market for quartz crystal (natural) exports from the United Arab Emirates, comprising 54% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled +138.0%.

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, declining by -27.7% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of 178%. As a result, the export price attained the peak level of $X per ton. From 2019 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 India ($X per ton), while the average price for exports to Uzbekistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-0.5%).

Natural Quartz Crystal Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of quartz crystal (natural) were imported into the United Arab Emirates; falling by -6.2% compared with 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 32% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, natural quartz crystal imports shrank rapidly to $X in 2022. In general, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.4% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) was the main supplier of natural quartz crystal to the United Arab Emirates, accounting for a 98% share of total imports. It was followed by China (X tons), with a 1.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India was relatively modest.

In value terms, India ($X) constituted the largest supplier of quartz crystal (natural) to the United Arab Emirates, comprising 91% of total imports. The second position in the ranking was held by China ($X), with a 4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India totaled +3.1%.

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, declining by -11.1% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 import price decreased by -14.7% against 2019 indices. The growth pace was the most rapid in 2017 an increase of 55%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 China ($X per ton), while the price for India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.3%).

Source: IndexBox Platform

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