Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in the United Arab Emirates - 2022

Contents:

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

Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in the United Arab Emirates (CIF) - 2022

The average import price for felspar; leucite; nepheline and nepheline syenite; fluorspars stood at $172 per ton in 2022, increasing by 79% against the previous year. Overall, the import price recorded a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($547 per ton), while the price for India ($67 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $158 per ton, with an increase of 7.4% against the previous year. Overall, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of 144%. Over the period under review, the average export prices hit record highs at $278 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($280 per ton), while the average price for exports to Oman ($140 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 Bangladesh (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in the United Arab Emirates

In 2022, the amount of felspar; leucite; nepheline and nepheline syenite; fluorspars imported into the United Arab Emirates shrank sharply to 98K tons, declining by -77.7% against the year before. Overall, imports faced a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, imports reached the peak of 441K tons, and then declined rapidly in the following year.

In value terms, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars reduced sharply to $17M in 2022. In general, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 93% against the previous year. As a result, imports reached the peak of $42M, and then contracted rapidly in the following year.

Import of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam14.48.013.25.8-26.1%
Turkey3.42.33.34.38.1%
South Africa4.9N/A10.93.8-8.1%
India1.81.73.82.15.3%
Pakistan0.10.30.20.681.7%
Thailand3.72.82.6N/A-16.2%
Iran4.75.87.5N/A26.3%
Saudi Arabia0.70.80.2N/A-46.5%
Others2.30.20.70.2-55.7%
Total35.921.942.416.9-22.2%

Top Suppliers of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar to the United Arab Emirates in 2022:

  1. Turkey (41.5K tons)
  2. India (31.7K tons)
  3. South Africa (11.1K tons)
  4. Vietnam (10.6K tons)
  5. Pakistan (2.3K tons)

Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in the United Arab Emirates

After three years of growth, overseas shipments of felspar; leucite; nepheline and nepheline syenite; fluorspars decreased by -48.5% to 8.1K tons in 2022. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 76%.

In value terms, exports of felspar; leucite; nepheline and nepheline syenite; fluorspars reduced rapidly to $1.3M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year.

Export of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,2391,327505629-20.2%
Oman17714049.238129.1%
NigeriaN/AN/AN/A2610%
China16.913165.62.3-48.6%
Egypt238N/A97.3N/A-36.1%
Iran71.95551,586N/A369.7%
Others9.72.3N/A0.6-60.5%
Total1,7532,1562,3031,274-10.1%

Top Export Markets for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar from the United Arab Emirates in 2022:

  1. India (4.4K tons)
  2. Oman (2.7K tons)
  3. Nigeria (0.9K tons)

Source: IndexBox Market Intelligence Platform

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