Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland - 2023

Contents:

  1. Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland (FOB) - 2023
  2. Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland (CIF) - 2022
  3. Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland
  4. Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland

Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland (FOB) - 2023

The average export price for felspar; leucite; nepheline and nepheline syenite; fluorspars stood at $269 per ton in August 2023, which is down by -2% against the previous month. Overall, the export price saw a slight shrinkage. The pace of growth was the most pronounced in July 2023 an increase of 18% month-to-month. Over the period under review, the average export prices hit record highs at $314 per ton in December 2022; however, from January 2023 to August 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was Norway ($294 per ton), while the average price for exports to Thailand stood at $281 per ton.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland (CIF) - 2022

The average import price for felspar; leucite; nepheline and nepheline syenite; fluorspars stood at $654 per ton in 2022, jumping by 51% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for felspar; leucite; nepheline and nepheline syenite; fluorspars increased by +84.2% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($889 per ton), while the price for Mexico ($387 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland

In 2022, shipments abroad of felspar; leucite; nepheline and nepheline syenite; fluorspars increased by 3.2% to 51K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep reduction.

In value terms, exports of felspar; leucite; nepheline and nepheline syenite; fluorspars surged to $11M in 2022. The total export value increased at an average annual rate of +2.3% over the period 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 26%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway4.13.23.64.20.8%
Latvia2.11.82.02.56.0%
NetherlandsN/AN/A0.51.8260.0%
SwedenN/AN/AN/A0.60%
Estonia0.10.2N/A0.571.0%
United Kingdom1.0N/A0.20.3-33.1%
Thailand0.20.20.20.20.0%
Russia1.91.21.6N/A-8.2%
Others0.70.50.90.5-10.6%
Total10.07.19.010.72.3%

Top Export Markets for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar from Finland in 2022:

  1. Norway (17.5K tons)
  2. Netherlands (12.1K tons)
  3. Latvia (11.7K tons)
  4. Estonia (2.4K tons)
  5. Sweden (2.2K tons)
  6. United Kingdom (2.0K tons)
  7. Thailand (0.8K tons)

Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland

Imports of felspar; leucite; nepheline and nepheline syenite; fluorspars into Finland fell remarkably to 13K tons in 2022, waning by -18.5% on 2021. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 26%.

In value terms, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars skyrocketed to $8.7M in 2022. In general, imports saw a pronounced curtailment. The growth pace was the most rapid in 2021 when imports increased by 43%.

Import of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A4.66.66.317.0%
Sweden0.10.10.11.4141.0%
GermanyN/AN/AN/A0.70%
Turkey0.10.1N/A0.10.0%
China1.5N/AN/AN/A0%
Mongolia1.6N/AN/AN/A0%
Mexico6.2N/AN/AN/A0%
Others0.20.20.40.20.0%
Total9.75.07.18.7-3.6%

Top Suppliers of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar to Finland in 2022:

  1. Netherlands (9.7K tons)
  2. Sweden (2.1K tons)
  3. Germany (1.0K tons)
  4. Turkey (0.2K tons)

Source: IndexBox Market Intelligence Platform

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