Price for Leucite; Nepheline and Nepheline Syenite in Canada - 2023
Contents:
- Price for Leucite; Nepheline and Nepheline Syenite in Canada (FOB) - 2023
- Price for Leucite; Nepheline and Nepheline Syenite in Canada (CIF) - 2022
- Exports of Leucite; Nepheline and Nepheline Syenite in Canada
- Imports of Leucite; Nepheline and Nepheline Syenite in Canada
Price for Leucite; Nepheline and Nepheline Syenite in Canada (FOB) - 2023
In June 2023, the average export price for leucite; nepheline and nepheline syenites amounted to $224 per ton, dropping by -3.6% against the previous month. In general, the export price, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in January 2023 an increase of 13% m-o-m. The export price peaked at $232 per ton in May 2023, and then contracted modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($240 per ton), while the average price for exports to China ($92.0 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 the United States (+0.6%), while the prices for the other major destinations experienced a decline.
Price for Leucite; Nepheline and Nepheline Syenite in Canada (CIF) - 2022
The average import price for leucite; nepheline and nepheline syenites stood at $191 per ton in 2022, shrinking by -3.7% against the previous year. In general, the import price showed a perceptible slump. The pace of growth appeared the most rapid in 2015 when the average import price increased by 1,473%. The import price peaked at $6,865 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($192 per ton), while the price for the United States stood at $191 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.6%).
Exports of Leucite; Nepheline and Nepheline Syenite in Canada
In 2022, after three years of growth, there was significant decline in shipments abroad of leucite; nepheline and nepheline syenites, when their volume decreased by -6% to 554K tons. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 6.6% against the previous year.
In value terms, leucite; nepheline and nepheline syenite exports expanded significantly to $113M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 6.7%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Leucite; Nepheline and Nepheline Syenite in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 91.9 | 94.8 | 99.9 | 102 | 3.5% |
| Turkey | 0.2 | 0.2 | 0.7 | 1.3 | 86.6% |
| Taiwan (Chinese) | 0.8 | 0.6 | 0.6 | 1.3 | 17.6% |
| Others | 5.1 | 4.4 | 5.5 | 7.8 | 15.2% |
| Total | 98.0 | 100 | 107 | 113 | 4.9% |
Top Export Markets for Leucite; Nepheline and Nepheline Syenite from Canada in 2022:
- United States (483.1K tons)
- Taiwan (Chinese) (13.3K tons)
- Turkey (11.9K tons)
Imports of Leucite; Nepheline and Nepheline Syenite in Canada
In 2022, approx. 10K tons of leucite; nepheline and nepheline syenites were imported into Canada; therefore, remained relatively stable against the previous year. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, leucite; nepheline and nepheline syenite imports shrank to $2M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $2M, and then dropped slightly in the following year.
| Import of Leucite; Nepheline and Nepheline Syenite in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,365 | 1,478 | 1,978 | 1,950 | 12.6% |
| China | 209 | 89.9 | 61.8 | 25.2 | -50.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,575 | 1,568 | 2,040 | 1,975 | 7.8% |
Top Suppliers of Leucite; Nepheline and Nepheline Syenite to Canada in 2022:
- United States (10.2K tons)
- China (0.1K tons)
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