Pokarna’s Quartz exports to US were 98cr. Assuming $10 persqft realization, the volume must be 1.6 lsqm (15.6 lsqft). Extrapolating monthly US imports to annual (potential error), imports from India were 21 lsqft. Its quite possible that majority if not all of India Quartz exports are from Pokarna, especially since it is the only company with Breton technology in India.
But extending the same logic further, they sold 37 cr of Quartz to ex-US destinations. Considering the production of 3 lsqm, the volume of ex-US Quartz sold was 1.4 lsqm. This means a price realization of $3.9 per sq ft which seems too low. Why would they sell at such low prices elsewhere?
Similar issues crop up when tying up the granite story. Maybe I’m missing something, so would love to hear from you all.
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