Global quartz stone market overview and development trend
China is a big producer and exporter of quartz stone. In 2018, the Anti-dumping tax on China's export of quartz stone reached 260-341%, which caused China's export of quartz stone market to suffer a devastating blow, from the highest monthly export volume of nearly 490,000 square meters in 2017 to 4780 square meters in January 2020, a decline of 99%. According to the statistical analysis of Foshan Huigu Technology Co., Ltd.:
Overview of the global quartz stone market
From 2010 to 2019, the market for quartz stone countertops grew by 17.9% to 65.6 billion yuan.
The Asia-Pacific market is the largest consumer of quartzite and is expected to account for 38% of total global market demand.
The European market is expected to account for 29% of the total global market demand, of which German and French quartz stone demand accounts for 66% of European quartz stone demand.
North America is one of the important markets for quartz stone, with the two countries importing a total of about $1.9 billion in quartz stone in 2019, accounting for about 20.3% of global demand.
The total demand for quartz stone in the United States reached 53 million square meters in 2019.
Global quartz stone companies
At present, European and American brands in the quartz stone market have an absolute advantage.
Bailitong has a total of 72 lines in the world, distributed in 32 companies, and a total of 57 lines in developed countries in Europe and the United States.
Cyrliste, Caesarstone, LG, Cambric, Vicostone and other mainstream manufacturers have launched new lines to expand production capacity.
The average price of these advantageous brands is more than double that of domestic products.
At present, China's quartz stone production capacity accounts for about 1/5 of the world.
World famous brand of quartz stone:
Chinese quartz stone well-known brands (partial):
Market trend analysis
1. The demand for international market is growing steadily. The global quartz stone market is expected to continue to grow at a rate of 2.3% in the future, based on the market demand of 65.6 billion yuan in 2019. Among them, the average annual growth rate of the United States is predicted to be 5.5%, higher than other natural stone, composite panels, acrylic and other finishing materials.
The domestic market demand is huge. According to incomplete statistics from the China Stone Association, in 2019, the domestic demand for quartz stone for table panels was 28.7 million square meters, and the sales volume was 9.3 billion yuan, which was less than half of the US market, and the amount accounted for a lower proportion, but the annual growth rate of consumption reached more than 8%.
In terms of use, the original quartz stone used for table panels accounted for 80%, in recent years, in the building decoration of the ground, wall surface continues to expand the application space, the market application space is greater.
(Source: Shanghai Stone Industry Association, Foshan Huigu Technology Co., Ltd.)