Quartz Market - Spain’s Exports of Natural Crystal Quartz Remain Highest in the World, with 529K Tonnes (2014)

Other Mining And Quarrying July 08, 2015
Author: Olga Minchina
Account Manager

quartz market

Spain continued its dominance on the global natural crystal quartz market. In 2014, Spain exported 529 thousand tonnes of natural crystal quartz totaling 32 million USD, 14% over the previous year. Its primary trading partner was Norway, where it supplied 44.8% of its total natural crystal quartz exports in physical terms, accounting for 62.4% of total Norwegian imports.

Overall, the global natural crystal quartz trade reached 225 million USD, with a CAGR of 10% from 2007 to 2014. In physical terms, it showed strong upward dynamics, rising from 1,420 thousand tonnes in 2007 to 1,963 thousand tonnes in 2014.

In 2014, China (18.5%), Japan (17.6%), Israel (8.5%), Norway (8.3%) and the U.S. (7.5%) were the leading destinations of natural crystal quartz imports, together making up 60.4% of global imports in value terms. The share of China increased significantly (+16 percentage points), while the share of the U.S. illustrated negative dynamics (-11 percentage points).

Spain, Turkey and India were the main global suppliers of natural crystal quartz in 2014 with a combined share of 55.5% of global exports in value terms. However, the fastest growing exporters from 2007 to 2014 were China (+21.3% per year), India (+18.7% per year) and Sri Lanka (+18.3% per year). Turkey significantly strengthened its position in the global export structure, from 18% in 2007 to 28% in 2014.

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Source: World: Quartz Crystal (Natural) - Market Report. Analysis and Forecast to 2020