Price for Leucite; Nepheline and Nepheline Syenite in South Africa - 2023

Contents:

  1. Price for Leucite; Nepheline and Nepheline Syenite in South Africa (CIF) - 2022
  2. Price for Leucite; Nepheline and Nepheline Syenite in South Africa (FOB) - 2022
  3. Imports of Leucite; Nepheline and Nepheline Syenite in South Africa
  4. Exports of Leucite; Nepheline and Nepheline Syenite in South Africa

Price for Leucite; Nepheline and Nepheline Syenite in South Africa (CIF) - 2022

In 2022, the average import price for leucite; nepheline and nepheline syenites amounted to $676 per ton, surging by 8.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 32% against the previous year. Over the period under review, average import prices reached the peak figure at $808 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($698 per ton) and Norway ($641 per ton), while the price for Spain ($493 per ton) and China ($498 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Leucite; Nepheline and Nepheline Syenite in South Africa (FOB) - 2022

In 2022, the average export price for leucite; nepheline and nepheline syenites amounted to $319 per ton, declining by -70.6% against the previous year. Overall, the export price, however, showed buoyant growth. The growth pace was the most rapid in 2015 when the average export price increased by 753% against the previous year. As a result, the export price reached the peak level of $2,860 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($2,429 per ton), while the average price for exports to Zambia amounted to $296 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+65.1%).

Imports of Leucite; Nepheline and Nepheline Syenite in South Africa

Leucite; nepheline and nepheline syenite imports into South Africa contracted markedly to 405 tons in 2022, reducing by -36.6% compared with 2021. Over the period under review, imports, however, continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2021 with an increase of 506%. As a result, imports attained the peak of 638 tons, and then declined significantly in the following year.

In value terms, leucite; nepheline and nepheline syenite imports fell dramatically to $274K in 2022. In general, imports, however, saw strong growth. The growth pace was the most rapid in 2021 when imports increased by 482%. As a result, imports reached the peak of $398K, and then dropped sharply in the following year.

Import of Leucite; Nepheline and Nepheline Syenite in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada35.242.928922886.4%
Norway75.613.296.931.4-25.4%
China10.49.511.512.56.3%
Australia43.9N/AN/AN/A0%
Others13.62.80.62.0-47.2%
Total17968.439827415.2%

Top Suppliers of Leucite; Nepheline and Nepheline Syenite to South Africa in 2022:

  1. Canada (326.6 tons)
  2. Norway (49.0 tons)
  3. China (25.0 tons)

Exports of Leucite; Nepheline and Nepheline Syenite in South Africa

In 2022, approx. 12 tons of leucite; nepheline and nepheline syenites were exported from South Africa; growing by 178% on the previous year's figure. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, leucite; nepheline and nepheline syenite exports contracted markedly to $3.9K in 2022. Overall, exports showed a significant increase.

Export of Leucite; Nepheline and Nepheline Syenite in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ZambiaN/AN/AN/A3.60%
NamibiaN/AN/A4.70.1-97.9%
OthersN/AN/A0.10.2100.0%
TotalN/AN/A4.83.9-18.8%

Top Export Markets for Leucite; Nepheline and Nepheline Syenite from South Africa in 2022:

  1. Zambia (12.0 tons)
  2. Namibia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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