Price for Leucite; Nepheline and Nepheline Syenite in Indonesia - 2022

Contents:

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

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

The average import price for leucite; nepheline and nepheline syenites stood at $451 per ton in March 2022, growing by 31% against the previous month. Over the period under review, the import price continues to indicate a mild increase. The most prominent rate of growth was recorded in June 2021 when the average import price increased by 44% against the previous month. As a result, import price attained the peak level of $706 per ton. From July 2021 to March 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Norway ($506 per ton), while the price for Italy ($279 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for leucite; nepheline and nepheline syenites amounted to $867 per ton, dropping by -10.6% against the previous year. Overall, the export price, however, continues to indicate modest growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 104%. Over the period under review, the average export prices attained the peak figure at $1,125 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,933 per ton), while the average price for exports to India stood at $725 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+15.6%).

Imports of Leucite; Nepheline and Nepheline Syenite in Indonesia

For the fourth year in a row, Indonesia recorded growth in purchases abroad of leucite; nepheline and nepheline syenites, which increased by 73% to 2.5K tons in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, leucite; nepheline and nepheline syenite imports surged to $886K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Leucite; Nepheline and Nepheline Syenite in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada14215319637137.7%
Malaysia10112811715615.6%
China20.055.564.787.863.7%
Italy55.154.564.871.28.9%
Norway34.723.250.768.825.6%
Taiwan (Chinese)21.731.43.326.06.2%
Belgium12.510.511.48.0-13.8%
Others12.78.385.497.397.1%
Total40046559388630.4%

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

  1. Canada (1612.5 tons)
  2. Malaysia (194.2 tons)
  3. Norway (165.0 tons)
  4. China (152.7 tons)
  5. Italy (112.6 tons)
  6. Taiwan (Chinese) (64.6 tons)
  7. Belgium (20.8 tons)

Exports of Leucite; Nepheline and Nepheline Syenite in Indonesia

In 2022, the amount of leucite; nepheline and nepheline syenites exported from Indonesia soared to 2.9 tons, with an increase of 28% compared with the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 47%. As a result, the exports attained the peak of 3 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, leucite; nepheline and nepheline syenite exports rose markedly to $2.5K in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 153%. As a result, the exports attained the peak of $2.8K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Leucite; Nepheline and Nepheline Syenite in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7151,2481,5401,83737.0%
Vietnam39559463265018.1%
NepalN/A971N/AN/A0%
Others9.016.019.023.036.7%
Total1,1192,8292,1912,51030.9%

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

  1. India (2534.0 kg)
  2. Vietnam (336.0 kg)

Source: IndexBox Market Intelligence Platform

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