Price for Leucite; Nepheline and Nepheline Syenite in Singapore - 2022
Contents:
- Price for Leucite; Nepheline and Nepheline Syenite in Singapore (FOB) - 2022
- Price for Leucite; Nepheline and Nepheline Syenite in Singapore (CIF) - 2022
- Exports of Leucite; Nepheline and Nepheline Syenite in Singapore
- Imports of Leucite; Nepheline and Nepheline Syenite in Singapore
Price for Leucite; Nepheline and Nepheline Syenite in Singapore (FOB) - 2022
In 2022, the average export price for leucite; nepheline and nepheline syenites amounted to $496 per ton, which is down by -17.5% against the previous year. In general, the export price saw a mild setback. The growth pace was the most rapid in 2016 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices reached the peak figure at $943 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($655 per ton), while the average price for exports to Australia ($427 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 India (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Leucite; Nepheline and Nepheline Syenite in Singapore (CIF) - 2022
In 2022, the average import price for leucite; nepheline and nepheline syenites amounted to $685 per ton, declining by -6.5% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, leucite; nepheline and nepheline syenite import price increased by +54.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 51% against the previous year. Over the period under review, average import prices hit record highs at $808 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Thailand ($1,973 per ton), while the price for Malaysia ($310 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+37.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Leucite; Nepheline and Nepheline Syenite in Singapore
Leucite; nepheline and nepheline syenite exports from Singapore amounted to 16 tons in 2022, surging by 3.1% on the previous year. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 58%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, leucite; nepheline and nepheline syenite exports declined to $8.2K in 2022. In general, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 43%.
| Export of Leucite; Nepheline and Nepheline Syenite in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.2 | 1.2 | 3.1 | 3.8 | 166.8% |
| India | 5.0 | 3.2 | 4.4 | 2.7 | -18.6% |
| Vietnam | 1.9 | 1.4 | 0.7 | 0.9 | -22.0% |
| Malaysia | 1.7 | 0.9 | 1.1 | 0.6 | -29.3% |
| Japan | 0.8 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Total | 9.8 | 6.7 | 9.6 | 8.2 | -5.8% |
Top Export Markets for Leucite; Nepheline and Nepheline Syenite from Singapore in 2022:
- Australia (8.8 tons)
- India (4.7 tons)
- Vietnam (1.9 tons)
- Malaysia (1.0 tons)
Imports of Leucite; Nepheline and Nepheline Syenite in Singapore
In 2022, approx. 26 tons of leucite; nepheline and nepheline syenites were imported into Singapore; growing by 11% on the previous year's figure. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 417% against the previous year. As a result, imports reached the peak of 28 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, leucite; nepheline and nepheline syenite imports rose slightly to $18K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 679% against the previous year. As a result, imports reached the peak of $19K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Leucite; Nepheline and Nepheline Syenite in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.7 | 8.2 | 7.3 | 7.2 | 117.5% |
| Netherlands | 0.6 | 5.8 | 5.5 | 5.9 | 114.2% |
| Thailand | 0.3 | 2.2 | 2.0 | 2.0 | 88.2% |
| China | 0.1 | 0.9 | 0.9 | 0.9 | 108.0% |
| Indonesia | 0.1 | N/A | 0.4 | 0.4 | 58.7% |
| Malaysia | 0.1 | 0.5 | 0.4 | 0.4 | 58.7% |
| Germany | 0.1 | 0.6 | 0.4 | 0.3 | 44.2% |
| Others | 0.4 | 0.6 | 0.4 | 0.9 | 31.0% |
| Total | 2.4 | 18.7 | 17.3 | 18.0 | 95.7% |
Top Suppliers of Leucite; Nepheline and Nepheline Syenite to Singapore in 2022:
- Norway (12.6 tons)
- Netherlands (6.8 tons)
- China (2.3 tons)
- Malaysia (1.4 tons)
- Thailand (1.0 tons)
- Indonesia (0.8 tons)
- Germany (0.6 tons)
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