Price for Leucite; Nepheline and Nepheline Syenite in Colombia - 2022

Contents:

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

Price for Leucite; Nepheline and Nepheline Syenite in Colombia (CIF) - 2022

In February 2022, the average import price for leucite; nepheline and nepheline syenites amounted to $646 per ton, with an increase of 23% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +4.5%. The most prominent rate of growth was recorded in March 2021 when the average import price increased by 28% m-o-m. The import price peaked in February 2022.

Average prices varied somewhat amongst the major supplying countries. In February 2022, the country with the highest price was Belgium ($668 per ton), while the price for Canada totaled $488 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Norway (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Leucite; Nepheline and Nepheline Syenite in Colombia (FOB) - 2022

In 2022, the average export price for leucite; nepheline and nepheline syenites amounted to $620 per ton, declining by -10.6% against the previous year. Overall, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 80% against the previous year. As a result, the export price attained the peak level of $1,300 per ton. From 2019 to 2022, 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 Chile.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +52.2% per year.

Imports of Leucite; Nepheline and Nepheline Syenite in Colombia

In 2022, approx. 1.1K tons of leucite; nepheline and nepheline syenites were imported into Colombia; waning by -27.4% on the year before. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports attained the peak of 1.5K tons, and then shrank significantly in the following year.

In value terms, leucite; nepheline and nepheline syenite imports declined to $617K in 2022. The total import value increased at an average annual rate of +5.4% 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 32%. As a result, imports attained the peak of $702K, and then fell in the following year.

Import of Leucite; Nepheline and Nepheline Syenite in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway291280300199-11.9%
United States18.616.3147187115.8%
Canada1541981101744.2%
China39.014.832.221.4-18.1%
Mexico18.817.39.75.4-34.0%
Others6.36.710329.567.3%
Total5275337026175.4%

Top Suppliers of Leucite; Nepheline and Nepheline Syenite to Colombia in 2022:

  1. Norway (501.4 tons)
  2. Canada (369.6 tons)
  3. United States (109.7 tons)
  4. China (48.9 tons)
  5. Mexico (9.6 tons)

Exports of Leucite; Nepheline and Nepheline Syenite in Colombia

In 2022, overseas shipments of leucite; nepheline and nepheline syenites decreased by -28.9% to 43 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 179% against the previous year. As a result, the exports reached the peak of 60 tons, and then dropped remarkably in the following year.

In value terms, leucite; nepheline and nepheline syenite exports fell dramatically to $26K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 269%. As a result, the exports reached the peak of $42K, and then reduced rapidly in the following year.

Export of Leucite; Nepheline and Nepheline Syenite in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile8.96.223.426.443.7%
PanamaN/AN/A6.2N/A0%
BrazilN/A4.712.0N/A155.3%
OthersN/A0.4N/AN/A0%
Total8.911.341.626.443.7%

Top Export Markets for Leucite; Nepheline and Nepheline Syenite from Colombia in 2022:

  1. Chile (42.6 tons)

Source: IndexBox Market Intelligence Platform

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