United Kingdom: Natural Quartz Crystal Market 2024

Natural Quartz Crystal Market Size in the UK

The UK natural quartz crystal market shrank to $X in 2022, declining by -6% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Natural quartz crystal consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Natural Quartz Crystal Production in the UK

In value terms, natural quartz crystal production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 18% against the previous year. Natural quartz crystal production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Natural Quartz Crystal Exports

Exports from the UK

In 2022, overseas shipments of quartz crystal (natural) increased by 87% to X tons, rising for the sixth consecutive year after three years of decline. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural quartz crystal exports soared to $X in 2022. In general, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by 143% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Ireland (X tons), Nicaragua (X tons) and China (X tons) were the main destinations of natural quartz crystal exports from the UK, together accounting for 78% 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 Ireland (with a CAGR of +30.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for natural quartz crystal exported from the UK were Ireland ($X), China ($X) and France ($X), with a combined 78% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +23.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average natural quartz crystal export price amounted to $X per ton, declining by -7.3% against the previous year. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 55% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Nicaragua ($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 Czech Republic (+0.0%), while the prices for the other major destinations experienced a decline.

Natural Quartz Crystal Imports

Imports into the UK

In 2022, supplies from abroad of quartz crystal (natural) increased by 3.4% to X tons, rising for the second consecutive year after three years of decline. Overall, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by 86%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, natural quartz crystal imports fell to $X in 2022. Over the period under review, imports enjoyed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 113%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest natural quartz crystal supplier to the UK, with a 66% share of total imports. Moreover, natural quartz crystal imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. Israel (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 China totaled +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+65.8% per year) and Israel (+142.3% per year).

In value terms, China ($X) constituted the largest supplier of quartz crystal (natural) to the UK, comprising 72% of total imports. The second position in the ranking was held by Israel ($X), with an 11% share of total imports. It was followed by the United States, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+133.2% per year) and the United States (+27.7% per year).

Import Prices by Country

In 2022, the average natural quartz crystal import price amounted to $X per ton, falling by -5% against the previous year. In general, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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