Price for Andalusite, Kyanite and Sillimanite in Indonesia - 2022

Contents:

  1. Price for Andalusite, Kyanite and Sillimanite in Indonesia (CIF) - 2022
  2. Price for Andalusite, Kyanite and Sillimanite in Indonesia (FOB) - 2022
  3. Imports of Andalusite, Kyanite and Sillimanite in Indonesia
  4. Exports of Andalusite, Kyanite and Sillimanite in Indonesia

Price for Andalusite, Kyanite and Sillimanite in Indonesia (CIF) - 2022

In 2022, the average andalusite, kyanite and sillimanite import price amounted to $538 per ton, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2013 an increase of 15%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,176 per ton), while the price for Turkey ($362 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Andalusite, Kyanite and Sillimanite in Indonesia (FOB) - 2022

The average andalusite, kyanite and sillimanite export price stood at $873 per ton in 2022, increasing by 10% against the previous year. In general, the export price posted a prominent increase. The growth pace was the most rapid in 2013 an increase of 62%. Over the period under review, the average export prices attained the maximum at $912 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +4.4% per year.

Imports of Andalusite, Kyanite and Sillimanite in Indonesia

In 2022, overseas purchases of andalusite, kyanite and sillimanites were finally on the rise to reach 1.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt shrinkage.

In value terms, andalusite, kyanite and sillimanite imports skyrocketed to $975K in 2022. In general, imports, however, showed a slight setback.

Import of Andalusite, Kyanite and Sillimanite in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa41618368.6261-14.4%
France19875.31002000.3%
United States10290.232.314612.7%
China85.316.610.362.1-10.0%
Hong Kong SAR14.029.55.928.126.1%
Turkey19.313.19.724.78.6%
South Korea22.78.010.724.22.2%
Others15911212822912.9%
Total1,015528366975-1.3%

Top Suppliers of Andalusite, Kyanite and Sillimanite to Indonesia in 2022:

  1. South Africa (623.0 tons)
  2. United States (355.0 tons)
  3. France (292.9 tons)
  4. Turkey (68.3 tons)
  5. China (52.8 tons)
  6. Hong Kong SAR (52.2 tons)
  7. South Korea (35.2 tons)

Exports of Andalusite, Kyanite and Sillimanite in Indonesia

In 2022, andalusite, kyanite and sillimanite exports from Indonesia shrank sharply to 1.1 tons, with a decrease of -30% on the year before. Overall, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 when exports increased by 111%. As a result, the exports attained the peak of 1.6 tons, and then shrank dramatically in the following year.

In value terms, andalusite, kyanite and sillimanite exports reduced notably to $956 in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 83% against the previous year. As a result, the exports attained the peak of $1.2K, and then reduced remarkably in the following year.

Export of Andalusite, Kyanite and Sillimanite in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea55267513895620.1%
AustraliaN/AN/A1,099N/A0%
OthersN/AN/AN/AN/A0%
Total5526751,23795620.1%

Top Export Markets for Andalusite, Kyanite and Sillimanite from Indonesia in 2022:

  1. South Korea (1.1 tons)

Source: IndexBox Market Intelligence Platform

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