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

Contents:

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

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

In April 2023, the average export price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $8,582 per ton, approximately reflecting the previous month. In general, the export price showed a abrupt curtailment. As a result, the export price reached the peak level of $24,636 per ton. From December 2022 to April 2023, the the average export prices failed to regain momentum.

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

From November 2022 to April 2023, the rate of growth in terms of prices for Brazil amounted to -2.9% per month.

Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Mexico (CIF) - 2023

The average import price for felspar; leucite; nepheline and nepheline syenite; fluorspars stood at $458 per ton in June 2023, dropping by -9.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $508 per ton in May 2023, and then dropped in the following month.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From December 2022 to June 2023, the rate of growth in terms of prices for Spain amounted to 0.0% per month.

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

In 2022, the amount of felspar; leucite; nepheline and nepheline syenite; fluorspars exported from Mexico reduced markedly to 113K tons, which is down by -24.7% against the previous year's figure. Over the period under review, exports saw a deep slump. The smallest decline of -9.3% was in 2020.

In value terms, exports of felspar; leucite; nepheline and nepheline syenite; fluorspars dropped to $87M in 2022. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 2.9% against the previous year. As a result, the exports reached the peak of $119M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States78.577.297.585.02.7%
Brazil3.14.62.91.1-29.2%
Hong Kong SARN/A11.1N/AN/A0%
Japan6.3N/AN/AN/A0%
China25.625.0N/AN/A-2.3%
Others2.71.61.91.3-21.6%
Total11611910287.4-9.0%

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

  1. United States (108.6K tons)
  2. Brazil (2.1K tons)

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

After two years of decline, overseas purchases of felspar; leucite; nepheline and nepheline syenite; fluorspars increased by 19% to 4.6K tons in 2022. In general, imports, however, recorded a deep reduction.

In value terms, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars skyrocketed to $5.2M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2.62.63.34.318.3%
United States0.50.50.50.66.3%
Spain0.20.20.30.314.5%
China0.10.2N/AN/A100.0%
Others0.10.2N/A0.10.0%
Total3.53.64.15.214.1%

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

  1. Canada (3.1K tons)
  2. Spain (0.8K tons)
  3. United States (0.5K tons)

Source: IndexBox Market Intelligence Platform

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