Price for Andalusite, Kyanite and Sillimanite in New Zealand - 2023

Contents:

  1. Price for Andalusite, Kyanite and Sillimanite in New Zealand (CIF) - 2022
  2. Price for Andalusite, Kyanite and Sillimanite in New Zealand (FOB) - 2022
  3. Imports of Andalusite, Kyanite and Sillimanite in New Zealand
  4. Exports of Andalusite, Kyanite and Sillimanite in New Zealand

Price for Andalusite, Kyanite and Sillimanite in New Zealand (CIF) - 2022

In 2022, the average andalusite, kyanite and sillimanite import price amounted to $910 per ton, growing by 20% against the previous year. Over the period under review, the import price continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 52%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($1,040 per ton), while the price for Australia totaled $903 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.9%).

Price for Andalusite, Kyanite and Sillimanite in New Zealand (FOB) - 2022

The average andalusite, kyanite and sillimanite export price stood at $1,147 per ton in 2022, surging by 43% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, andalusite, kyanite and sillimanite export price increased by +81.0% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +4.7% per year.

Imports of Andalusite, Kyanite and Sillimanite in New Zealand

Andalusite, kyanite and sillimanite imports into New Zealand surged to 19 tons in 2022, with an increase of 44% on 2021 figures. In general, imports, however, faced a precipitous descent.

In value terms, andalusite, kyanite and sillimanite imports skyrocketed to $17K in 2022. Overall, imports, however, faced a abrupt curtailment.

Import of Andalusite, Kyanite and Sillimanite in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1.210.13.016.1137.6%
South Africa25.112.46.91.0-65.8%
OthersN/AN/AN/AN/A0%
Total26.222.69.917.1-13.3%

Top Suppliers of Andalusite, Kyanite and Sillimanite to New Zealand in 2022:

  1. Australia (17.8 tons)
  2. South Africa (1.0 tons)

Exports of Andalusite, Kyanite and Sillimanite in New Zealand

For the third consecutive year, New Zealand recorded decline in overseas shipments of andalusite, kyanite and sillimanites, which decreased by -74.4% to 2.5 tons in 2022. Overall, exports recorded a sharp curtailment. The smallest decline of -49.4% was in 2021.

In value terms, andalusite, kyanite and sillimanite exports contracted sharply to $2.9K in 2022. Over the period under review, exports faced a dramatic setback. The smallest decline of -39.4% was in 2021.

Export of Andalusite, Kyanite and Sillimanite in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia9.56.02.72.9-32.7%
United Kingdom18.76.85.1N/A-47.8%
OthersN/AN/AN/AN/A0%
Total28.212.97.82.9-53.1%

Top Export Markets for Andalusite, Kyanite and Sillimanite from New Zealand in 2022:

  1. Australia (2.5 tons)

Source: IndexBox Market Intelligence Platform

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