Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India - 2023
Contents:
- Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India (CIF) - 2023
- Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India (FOB) - 2022
- Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India
- Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India
Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India (CIF) - 2023
In July 2023, the average import price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $508 per ton, flattening at the previous month. Over the last eight months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 5.3% m-o-m. The import price peaked at $508 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Morocco ($532 per ton), while the price for Thailand ($348 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Africa (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India (FOB) - 2022
In 2022, the average export price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $78 per ton, increasing by 5.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $87 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($106 per ton), while the average price for exports to Turkey ($51 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India
Imports of felspar; leucite; nepheline and nepheline syenite; fluorspars into India stood at 287K tons in 2022, remaining stable against 2021. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars skyrocketed to $128M in 2022. Overall, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 32.8 | 45.1 | 67.8 | 90.6 | 40.3% |
| China | 47.0 | 8.8 | 4.7 | 12.4 | -35.9% |
| Thailand | 18.4 | 10.7 | 6.7 | 11.8 | -13.8% |
| Luxembourg | N/A | 0.2 | 3.8 | 3.2 | 300.0% |
| Morocco | 4.6 | 2.1 | 3.3 | 1.0 | -39.9% |
| Vietnam | 2.8 | 8.1 | 5.6 | 0.6 | -40.2% |
| Others | 5.1 | 6.2 | 9.0 | 7.9 | 15.7% |
| Total | 111 | 81.0 | 101 | 128 | 4.9% |
Top Suppliers of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar to India in 2022:
- South Africa (205.9K tons)
- Thailand (30.4K tons)
- China (22.1K tons)
- Luxembourg (5.9K tons)
- Morocco (2.4K tons)
- Vietnam (2.0K tons)
Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India
After three years of growth, overseas shipments of felspar; leucite; nepheline and nepheline syenite; fluorspars decreased by -5.1% to 695K tons in 2022. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 7.6%.
In value terms, exports of felspar; leucite; nepheline and nepheline syenite; fluorspars totaled $54M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 9.1% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 10.5 | 9.8 | 13.7 | 14.0 | 10.1% |
| Vietnam | 12.7 | 12.6 | 13.0 | 13.3 | 1.6% |
| Indonesia | 6.4 | 15.3 | 8.3 | 7.1 | 3.5% |
| China | 3.7 | 2.3 | 3.7 | 3.3 | -3.7% |
| Thailand | 2.9 | 2.5 | 3.1 | 3.3 | 4.4% |
| Malaysia | 2.1 | 1.7 | 2.0 | 2.4 | 4.6% |
| United Arab Emirates | 1.8 | 1.7 | 3.8 | 2.1 | 5.3% |
| Others | 7.3 | 5.6 | 6.1 | 8.4 | 4.8% |
| Total | 47.2 | 51.6 | 53.8 | 53.9 | 4.5% |
Top Export Markets for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar from India in 2022:
- Bangladesh (265.9K tons)
- Vietnam (136.8K tons)
- Indonesia (68.0K tons)
- Thailand (38.8K tons)
- China (33.1K tons)
- United Arab Emirates (31.7K tons)
- Malaysia (28.2K tons)
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