Price for Quartz; Other than Natural Sands in Sri Lanka - 2022

Contents:

  1. Price for Quartz; Other than Natural Sands in Sri Lanka (FOB) - 2022
  2. Price for Quartz; Other than Natural Sands in Sri Lanka (CIF) - 2022
  3. Exports of Quartz; Other than Natural Sands in Sri Lanka
  4. Imports of Quartz; Other than Natural Sands in Sri Lanka

Price for Quartz; Other than Natural Sands in Sri Lanka (FOB) - 2022

The average export price for quartz; other than natural sandses stood at $325 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 21% against the previous year. As a result, the export price reached the peak level of $368 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($356 per ton), while the average price for exports to South Korea ($213 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 South Korea (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Quartz; Other than Natural Sands in Sri Lanka (CIF) - 2022

The average import price for quartz; other than natural sandses stood at $135 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price showed a noticeable downturn. The growth pace was the most rapid in 2015 an increase of 33% against the previous year. As a result, import price attained the peak level of $167 per ton. From 2016 to 2022, the average import prices remained 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 ($418 per ton), while the price for Canada ($39 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%).

Exports of Quartz; Other than Natural Sands in Sri Lanka

In 2022, overseas shipments of quartz; other than natural sandses decreased by -14.1% to 33K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, the exports attained the peak of 40K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, quartz; other than natural sands exports dropped to $11M in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22%.

Export of Quartz; Other than Natural Sands in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan4.55.16.75.67.6%
Singapore2.83.43.13.13.5%
Malaysia0.30.40.40.410.1%
Germany0.10.40.20.458.7%
South Korea0.60.90.30.4-12.6%
Israel0.80.20.20.3-27.9%
IndiaN/AN/A0.10.2100.0%
United States0.10.30.60.10.0%
Others0.30.90.80.30.0%
Total9.511.512.410.84.4%

Top Export Markets for Quartz; Other than Natural Sands from Sri Lanka in 2022:

  1. Japan (16.5K tons)
  2. Singapore (8.8K tons)
  3. South Korea (2.0K tons)
  4. Germany (1.5K tons)
  5. Malaysia (1.2K tons)
  6. Israel (1.1K tons)
  7. India (0.6K tons)
  8. United States (0.5K tons)

Imports of Quartz; Other than Natural Sands in Sri Lanka

In 2022, quartz; other than natural sands imports into Sri Lanka declined significantly to 123 tons, waning by -97.1% on 2021 figures. In general, imports recorded a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 930% against the previous year. As a result, imports reached the peak of 4.3K tons, and then dropped rapidly in the following year.

In value terms, quartz; other than natural sands imports fell dramatically to $17K in 2022. Over the period under review, imports faced a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 1,021%. As a result, imports reached the peak of $582K, and then dropped rapidly in the following year.

Import of Quartz; Other than Natural Sands in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India29337.45578.0-69.9%
China29.214.424.65.7-42.0%
CanadaN/AN/AN/A2.70%
Others10.70.10.10.1-78.9%
Total33351.958216.6-63.2%

Top Suppliers of Quartz; Other than Natural Sands to Sri Lanka in 2022:

  1. Canada (70.1 tons)
  2. India (38.9 tons)
  3. China (13.7 tons)

Source: IndexBox Market Intelligence Platform

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