Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa - 2024
Contents:
- Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa (FOB) - 2024
- Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa (CIF) - 2022
- Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa
- Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa
Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa (FOB) - 2024
The average export price for felspar; leucite; nepheline and nepheline syenite; fluorspars stood at $438 per ton in July 2023, waning by -10.2% against the previous month. Over the period from January 2023 to July 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in February 2023 when the average export price increased by 31% month-to-month. As a result, the export price reached the peak level of $532 per ton. From March 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($442 per ton), while the average price for exports to Spain ($180 per ton) was amongst the lowest.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa (CIF) - 2022
In 2022, the average import price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $130 per ton, shrinking by -37.9% against the previous year. Overall, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 38% against the previous year. The import price peaked at $248 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Canada ($698 per ton), while the price for Zambia ($82 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa
For the fourth year in a row, South Africa recorded growth in shipments abroad of felspar; leucite; nepheline and nepheline syenite; fluorspars, which increased by 24% to 444K tons in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 65%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, exports of felspar; leucite; nepheline and nepheline syenite; fluorspars skyrocketed to $167M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 31.4 | 51.2 | 62.5 | 89.6 | 41.8% |
Netherlands | 20.1 | 16.5 | 13.8 | 19.7 | -0.7% |
Italy | 9.2 | N/A | N/A | 17.8 | 24.6% |
Luxembourg | N/A | N/A | N/A | 17.0 | 0% |
Ukraine | N/A | N/A | 0.1 | 11.0 | 10900.0% |
United Arab Emirates | 4.9 | N/A | 10.9 | 3.8 | -8.1% |
United States | 6.7 | 20.8 | 0.1 | 3.0 | -23.5% |
China | 1.8 | 9.4 | 10.0 | 2.7 | 14.5% |
Others | 0.4 | 0.4 | 3.0 | 2.1 | 73.8% |
Total | 74.5 | 98.3 | 100 | 167 | 30.9% |
Top Export Markets for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar from South Africa in 2022:
- India (244.1K tons)
- Luxembourg (54.2K tons)
- Italy (45.8K tons)
- Netherlands (39.8K tons)
- Ukraine (25.4K tons)
- United Arab Emirates (11.1K tons)
- China (10.3K tons)
- United States (6.1K tons)
Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa
In 2022, overseas purchases of felspar; leucite; nepheline and nepheline syenite; fluorspars were finally on the rise to reach 13K tons after two years of decline. In general, imports, however, recorded a precipitous setback.
In value terms, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars soared to $1.7M in 2022. Over the period under review, imports, however, recorded a drastic downturn.
Import of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 619 | N/A | 94.6 | 829 | 10.2% |
Spain | 695 | 421 | 71.1 | 361 | -19.6% |
Canada | 35.2 | 44.2 | 289 | 228 | 86.4% |
Turkey | 223 | 173 | 204 | 128 | -16.9% |
India | 52.6 | 4.6 | 6.7 | 24.9 | -22.1% |
United Kingdom | 347 | 19.8 | 1.1 | N/A | -94.4% |
Mexico | 719 | 139 | N/A | N/A | -80.7% |
Others | 257 | 176 | 277 | 129 | -20.5% |
Total | 2,948 | 978 | 944 | 1,700 | -16.8% |
Top Suppliers of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar to South Africa in 2022:
- Zambia (10.1K tons)
- Spain (2.0K tons)
- Turkey (0.4K tons)
- Canada (0.3K tons)
- India (0.2K tons)
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This report provides an in-depth analysis of the feldspar market in South Africa.
This report provides an in-depth analysis of the fluorspar market in South Africa.
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Global trade in fluorspar peaked at $822M in 2021. China remains the leading fluorspar supplier worldwide.
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