In 2023, Japan was the dominant importer of piezo-electric quartz with a share of 86.71%, despite a decline of 18.46% from the previous year. China and South Korea followed, with shares of 1.56% and 0.3% respectively, with South Korea seeing significant growth of 16.95%. India experienced remarkable growth at 119.38%, indicating an emerging market interest. Meanwhile, countries like Qatar and Costa Rica saw substantial percentage increases, albeit from a low base, at 236.18% and 74.11% respectively.
Future trends indicate a potential shift in the market with developing countries like India increasing their import shares significantly. This trend, combined with the growth in minor markets such as Qatar and Costa Rica, suggests a diversification of import demand from traditional powerhouses like Japan. Monitoring these shifts will provide insights into changing global industrial and technological demands.
Top countries in Import of Piezo-Electric Quartz Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 86.71 | 2023 | +3.06% | -18.46% | View data |
| 2 | 2 China | 1.56 | 2023 | -0.87% | -0.74% | View data |
| 3 | 3 South Korea | 0.3 | 2023 | +3.91% | +16.95% | View data |
| 4 | 4 Germany | 0.24 | 2023 | +5.41% | +0.58% | View data |
| 5 | 5 Indonesia | 0.11 | 2023 | +1.67% | +0.19% | View data |
| 6 | 6 United States | 0.071 | 2023 | +3.02% | -0.86% | View data |
| 7 | 7 Spain | 0.067 | 2023 | -1.89% | -3.08% | View data |
| 8 | 8 India | 0.059 | 2023 | -3.95% | +119.38% | View data |
| 9 | 9 Thailand | 0.029 | 2023 | -27.38% | -21.93% | View data |
| 10 | 10 Lebanon | 0.015 | 2023 | +5.43% | +14.22% | View data |
