Quartzite Price in New Zealand - 2023

Contents:

1. Quartzite Price in New Zealand (CIF) - 2022
2. Quartzite Price in New Zealand (FOB) - 2022
3. Quartzite Imports in New Zealand
4. Quartzite Exports in New Zealand

Quartzite Price in New Zealand (CIF) - 2022

The average quartzite import price stood at $1,140 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a mild contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32%. Over the period under review, average import prices attained the peak figure at $1,842 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Italy ($2,663 per ton), while the price for Brazil ($294 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Quartzite Price in New Zealand (FOB) - 2022

In 2022, the average quartzite export price amounted to $2,925 per ton, declining by -20.7% against the previous year. In general, the export price, however, recorded a significant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices hit record highs at $3,691 per ton in 2021, and then declined significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($6,259 per ton), while the average price for exports to Fiji ($2,050 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 China (+35.0%), while the prices for the other major destinations experienced mixed trend patterns.

Quartzite Imports in New Zealand

In 2022, quartzite imports into New Zealand dropped markedly to 97 tons, declining by -42.7% compared with 2021. Over the period under review, imports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 589%. As a result, imports attained the peak of 168 tons, and then fell sharply in the following year.

In value terms, quartzite imports shrank significantly to $110K in 2022. In general, imports continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 541% against the previous year. As a result, imports attained the peak of $190K, and then declined significantly in the following year.

Top Suppliers of Quartzite to New Zealand in 2022:

1. India (63.1 tons)
2. China (15.6 tons)
3. Italy (11.4 tons)
4. Brazil (5.3 tons)

Quartzite Exports in New Zealand

In 2022, overseas shipments of quartzite were finally on the rise to reach 1.1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp slump.

In value terms, quartzite exports skyrocketed to $3.2K in 2022. In general, exports, however, recorded a sharp decline.

Top Export Markets for Quartzite from New Zealand in 2022:

1. Samoa (509.0 kg)
2. Fiji (362.0 kg)
3. China (225.0 kg)

Source: IndexBox Market Intelligence Platform