Price for Leucite; Nepheline and Nepheline Syenite in South Korea - 2022
Contents:
- Price for Leucite; Nepheline and Nepheline Syenite in South Korea (CIF) - 2022
- Price for Leucite; Nepheline and Nepheline Syenite in South Korea (FOB) - 2022
- Imports of Leucite; Nepheline and Nepheline Syenite in South Korea
- Exports of Leucite; Nepheline and Nepheline Syenite in South Korea
Price for Leucite; Nepheline and Nepheline Syenite in South Korea (CIF) - 2022
In 2022, the average import price for leucite; nepheline and nepheline syenites amounted to $656 per ton, picking up by 14% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum at $774 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($994 per ton), while the price for Canada ($435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Leucite; Nepheline and Nepheline Syenite in South Korea (FOB) - 2022
In 2022, the average export price for leucite; nepheline and nepheline syenites amounted to $672 per ton, rising by 8% against the previous year. Overall, the export price, however, saw a noticeable slump. The pace of growth was the most pronounced in 2018 an increase of 44% against the previous year. As a result, the export price attained the peak level of $1,040 per ton. From 2019 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 China ($1,564 per ton), while the average price for exports to Vietnam ($360 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 China (+13.5%), while the prices for the other major destinations experienced a decline.
Imports of Leucite; Nepheline and Nepheline Syenite in South Korea
In 2022, imports of leucite; nepheline and nepheline syenites into South Korea declined dramatically to 58 tons, waning by -40.9% on the previous year. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 140%. As a result, imports attained the peak of 98 tons, and then declined rapidly in the following year.
In value terms, leucite; nepheline and nepheline syenite imports declined remarkably to $38K in 2022. In general, imports recorded a noticeable reduction. The growth pace was the most rapid in 2021 when imports increased by 193% against the previous year. As a result, imports reached the peak of $57K, and then dropped rapidly in the following year.
| Import of Leucite; Nepheline and Nepheline Syenite in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 26.2 | 6.8 | 13.1 | 10.8 | -25.6% |
| Italy | 2.2 | 1.2 | 8.3 | 8.5 | 56.9% |
| Netherlands | 8.5 | 2.8 | 8.1 | 5.7 | -12.5% |
| China | 2.7 | 5.3 | 5.6 | 4.5 | 18.6% |
| Belgium | 2.0 | 1.5 | 6.0 | 3.8 | 23.9% |
| Canada | 0.7 | 0.8 | 5.1 | 3.3 | 67.7% |
| Spain | 0.2 | 0.1 | 1.3 | 0.8 | 58.7% |
| United States | 1.2 | 0.4 | 1.0 | 0.6 | -20.6% |
| Thailand | N/A | 0.5 | 1.3 | N/A | 160.0% |
| Others | 0.1 | N/A | 6.9 | N/A | 730.7% |
| Total | 43.6 | 19.4 | 56.8 | 38.1 | -4.4% |
Top Suppliers of Leucite; Nepheline and Nepheline Syenite to South Korea in 2022:
- Norway (18.7 tons)
- Italy (12.0 tons)
- Canada (7.5 tons)
- China (7.2 tons)
- Netherlands (5.8 tons)
- Belgium (4.4 tons)
- Spain (1.6 tons)
- United States (0.9 tons)
Exports of Leucite; Nepheline and Nepheline Syenite in South Korea
In 2022, after three years of growth, there was significant decline in shipments abroad of leucite; nepheline and nepheline syenites, when their volume decreased by -40.1% to 6.3 tons. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 306% against the previous year. As a result, the exports reached the peak of 10 tons, and then shrank dramatically in the following year.
In value terms, leucite; nepheline and nepheline syenite exports plummeted to $4.2K in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 242%. As a result, the exports reached the peak of $6.5K, and then declined significantly in the following year.
| Export of Leucite; Nepheline and Nepheline Syenite in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.9 | 4.0 | 2.0 | 171.4% |
| Indonesia | 0.8 | 0.5 | 1.2 | 1.3 | 17.6% |
| Vietnam | 0.4 | 0.5 | 1.3 | 0.8 | 26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 1.9 | 6.5 | 4.2 | 51.8% |
Top Export Markets for Leucite; Nepheline and Nepheline Syenite from South Korea in 2022:
- Indonesia (2.6 tons)
- Vietnam (2.4 tons)
- China (1.3 tons)
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