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

Contents:

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

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

In June 2023, the average import price for leucite; nepheline and nepheline syenites amounted to $404 per ton, declining by -18.2% against the previous month. Overall, the import price, however, recorded a modest increase. The pace of growth was the most pronounced in July 2022 an increase of 63% against the previous month. As a result, import price attained the peak level of $571 per ton. From August 2022 to June 2023, the average import prices failed to regain momentum.

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

From June 2022 to June 2023, the rate of growth in terms of prices for Canada amounted to +1.2% per month.

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

In 2022, the average export price for leucite; nepheline and nepheline syenites amounted to $381 per ton, waning by -26.1% against the previous year. Overall, the export price, however, posted a slight expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 53%. As a result, the export price attained the peak level of $797 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($719 per ton), while the average price for exports to the United States ($48 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 Cuba (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Leucite; Nepheline and Nepheline Syenite in Mexico

After two years of decline, overseas purchases of leucite; nepheline and nepheline syenites increased by 129% to 7.8K tons in 2022. In general, imports, however, showed a pronounced setback.

In value terms, leucite; nepheline and nepheline syenite imports soared to $3M in 2022. Overall, imports showed a notable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Leucite; Nepheline and Nepheline Syenite in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2.52.61.13.06.3%
United States0.20.2N/AN/A0.0%
OthersN/AN/A0.1N/A0%
Total2.82.81.23.02.3%

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

  1. United States (undefinedK tons)
  2. Canada (7.8K tons)

Exports of Leucite; Nepheline and Nepheline Syenite in Mexico

After two years of decline, shipments abroad of leucite; nepheline and nepheline syenites increased by 274% to 43 tons in 2022. Overall, exports, however, recorded a abrupt curtailment.

In value terms, leucite; nepheline and nepheline syenite exports skyrocketed to $16K in 2022. Over the period under review, exports, however, saw a sharp decline.

Export of Leucite; Nepheline and Nepheline Syenite in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica37.721.95.013.5-29.0%
Colombia9.74.00.71.3-48.8%
Panama0.30.50.21.049.4%
United States0.20.30.10.751.8%
Brazil4.0N/AN/AN/A0%
Others0.50.2N/A0.1-41.5%
Total52.427.05.916.5-32.0%

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

  1. Costa Rica (18.7 tons)
  2. United States (13.9 tons)
  3. Colombia (7.1 tons)
  4. Panama (3.4 tons)

Source: IndexBox Market Intelligence Platform

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