Price for Andalusite, Kyanite and Sillimanite in Malaysia - 2021

Contents:

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

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

The average andalusite, kyanite and sillimanite import price stood at $432 per ton in 2022, reducing by -6.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20%. Over the period under review, average import prices reached the peak figure at $518 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($499 per ton), while the price for India ($223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average andalusite, kyanite and sillimanite export price amounted to $350 per ton, picking up by 10% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 an increase of 24% against the previous year. The export price peaked at $680 per ton in 2013; however, from 2014 to 2022, the 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 Indonesia ($4,083 per ton), while the average price for exports to Australia ($296 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 Vietnam (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Andalusite, Kyanite and Sillimanite in Malaysia

In 2022, approx. 683 tons of andalusite, kyanite and sillimanites were imported into Malaysia; which is down by -15.4% against the previous year. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 43%.

In value terms, andalusite, kyanite and sillimanite imports dropped sharply to $295K in 2022. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 71%.

Import of Andalusite, Kyanite and Sillimanite in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France17041.698.2117-11.7%
India20.934.931.620.4-0.8%
United States31.149.710310.9-29.5%
Hong Kong SAR13.45.212.88.3-14.8%
South Africa43.47.62.67.4-44.5%
Singapore11.312.310.55.8-19.9%
Netherlands3.84.74.62.9-8.6%
Others21861.4108122-17.6%
Total512217372295-16.8%

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

  1. France (233.6 tons)
  2. India (91.5 tons)
  3. United States (41.0 tons)
  4. South Africa (26.7 tons)
  5. Hong Kong SAR (23.7 tons)
  6. Singapore (14.6 tons)
  7. Netherlands (8.5 tons)

Exports of Andalusite, Kyanite and Sillimanite in Malaysia

In 2022, after three years of growth, there was significant decline in shipments abroad of andalusite, kyanite and sillimanites, when their volume decreased by -29.6% to 99 tons. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 699% against the previous year.

In value terms, andalusite, kyanite and sillimanite exports fell dramatically to $34K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 449% against the previous year.

Export of Andalusite, Kyanite and Sillimanite in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand2.93.711.821.895.9%
Australia0.60.93.38.6142.9%
India0.80.52.23.665.1%
ChinaN/A13.626.8N/A97.1%
South AfricaN/A1.2N/AN/A0%
Others0.14.50.30.458.7%
Total4.524.544.534.597.2%

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

  1. Thailand (61.6 tons)
  2. Australia (29.2 tons)
  3. India (7.7 tons)

Source: IndexBox Market Intelligence Platform

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