Price for Leucite; Nepheline and Nepheline Syenite in China - 2023
Contents:
- Price for Leucite; Nepheline and Nepheline Syenite in China (FOB) - 2023
- Price for Leucite; Nepheline and Nepheline Syenite in China (CIF) - 2023
- Exports of Leucite; Nepheline and Nepheline Syenite in China
- Imports of Leucite; Nepheline and Nepheline Syenite in China
Price for Leucite; Nepheline and Nepheline Syenite in China (FOB) - 2023
The average export price for leucite; nepheline and nepheline syenites stood at $383 per ton in June 2023, increasing by 29% against the previous month. Over the period under review, export price indicated slight growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, leucite; nepheline and nepheline syenite export price increased by +10.4% against December 2022 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 44% month-to-month. Over the period under review, the average export prices reached the maximum at $424 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($472 per ton), while the average price for exports to Ghana ($135 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Leucite; Nepheline and Nepheline Syenite in China (CIF) - 2023
In June 2023, the average import price for leucite; nepheline and nepheline syenites amounted to $458 per ton, shrinking by -4.6% against the previous month. Overall, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 26% month-to-month. The import price peaked at $716 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Canada ($521 per ton), while the price for Norway amounted to $383 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Norway (-0.1%), while the prices for the other major suppliers experienced a decline.
Exports of Leucite; Nepheline and Nepheline Syenite in China
In 2022, leucite; nepheline and nepheline syenite exports from China soared to 7K tons, rising by 53% on the previous year's figure. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, leucite; nepheline and nepheline syenite exports skyrocketed to $2.1M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Leucite; Nepheline and Nepheline Syenite in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 256 | 347 | 317 | 349 | 10.9% |
| Saudi Arabia | 13.0 | 223 | 86.4 | 314 | 189.1% |
| Indonesia | 25.5 | 51.1 | 218 | 274 | 120.7% |
| Australia | 55.9 | 114 | 142 | 215 | 56.7% |
| Ghana | 42.0 | 33.4 | 95.1 | 199 | 68.0% |
| South Korea | 0.9 | 11.4 | 8.3 | 123 | 415.1% |
| Japan | 56.9 | 57.5 | 104 | 73.4 | 8.9% |
| United States | N/A | 2.6 | 0.3 | 60.7 | 383.2% |
| India | 243 | 103 | 9.3 | 20.2 | -56.4% |
| Chile | 47.0 | 44.7 | 77.2 | 19.6 | -25.3% |
| Canada | 115 | 61.5 | 27.2 | 14.8 | -49.5% |
| Taiwan (Chinese) | 90.7 | N/A | N/A | N/A | 0% |
| Others | 142 | 252 | 450 | 472 | 49.2% |
| Total | 1,088 | 1,301 | 1,535 | 2,135 | 25.2% |
Top Export Markets for Leucite; Nepheline and Nepheline Syenite from China in 2022:
- Vietnam (1354.8 tons)
- Saudi Arabia (1133.3 tons)
- Australia (961.3 tons)
- Ghana (450.5 tons)
- Indonesia (436.8 tons)
- South Korea (364.5 tons)
- Japan (345.9 tons)
- United States (321.6 tons)
- Chile (85.8 tons)
- Canada (63.3 tons)
- India (34.5 tons)
Imports of Leucite; Nepheline and Nepheline Syenite in China
Leucite; nepheline and nepheline syenite imports into China contracted dramatically to 1.9K tons in 2022, which is down by -24.3% against the previous year. Over the period under review, imports showed a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year.
In value terms, leucite; nepheline and nepheline syenite imports shrank notably to $1M in 2022. Overall, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.
| Import of Leucite; Nepheline and Nepheline Syenite in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 942 | 571 | 820 | 653 | -11.5% |
| Netherlands | 93.6 | 199 | 126 | 204 | 29.7% |
| Norway | 213 | 182 | 216 | 62.6 | -33.5% |
| Namibia | N/A | N/A | 23.4 | 18.6 | -20.5% |
| Iran | 121 | N/A | N/A | 16.1 | -48.9% |
| Turkey | 11.2 | N/A | 8.9 | 6.7 | -15.7% |
| United States | 67.8 | 66.8 | 2.8 | 1.2 | -73.9% |
| Others | 10.9 | 82.3 | 49.7 | 40.6 | 55.0% |
| Total | 1,460 | 1,101 | 1,247 | 1,003 | -11.8% |
Top Suppliers of Leucite; Nepheline and Nepheline Syenite to China in 2022:
- Canada (1219.0 tons)
- Netherlands (260.8 tons)
- Norway (160.0 tons)
- Iran (125.0 tons)
- Namibia (54.3 tons)
- Turkey (52.2 tons)
- United States (1.2 tons)
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