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

Contents:

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

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

The average import price for leucite; nepheline and nepheline syenites stood at $211 per ton in 2022, surging by 4.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 6% against the previous year. The import price peaked at $219 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($675 per ton), while the price for Norway ($202 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+39.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Leucite; Nepheline and Nepheline Syenite in Spain (FOB) - 2023

In July 2023, the average export price for leucite; nepheline and nepheline syenites amounted to $532 per ton, picking up by 7.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in May 2023 an increase of 26% month-to-month. Over the period under review, the average export prices hit record highs at $536 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($619 per ton), while the average price for exports to Bangladesh ($325 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leucite; Nepheline and Nepheline Syenite in Spain

Leucite; nepheline and nepheline syenite imports into Spain contracted to 35K tons in 2022, reducing by -6.3% against the previous year's figure. Overall, imports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 23%.

In value terms, leucite; nepheline and nepheline syenite imports declined to $7.4M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $7.6M, and then fell modestly in the following year.

Import of Leucite; Nepheline and Nepheline Syenite in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway6.85.66.86.90.5%
Netherlands0.1N/A0.20.458.7%
Others0.10.10.60.10.0%
Total7.05.87.67.41.9%

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

  1. Norway (34.1K tons)
  2. Netherlands (0.6K tons)

Exports of Leucite; Nepheline and Nepheline Syenite in Spain

Leucite; nepheline and nepheline syenite exports from Spain declined rapidly to 4.2K tons in 2022, waning by -23.5% compared with the previous year. Over the period under review, exports faced a dramatic shrinkage. The smallest decline of -10.4% was in 2020.

In value terms, leucite; nepheline and nepheline syenite exports shrank markedly to $1.8M in 2022. Overall, exports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 0.6%. As a result, the exports reached the peak of $2.9M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Leucite; Nepheline and Nepheline Syenite in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal4833354436057.8%
Turkey784936722272-29.7%
India56849259.8263-22.6%
Italy7.82.30.7157172.0%
Syrian Arab RepublicN/A13110.61361.9%
Uzbekistan16.447.422.667.760.4%
Russia11161.580.353.1-21.8%
Iran92.512017849.4-18.9%
Bulgaria6.522.172.142.887.4%
Tunisia15014.550.510.8-58.4%
Algeria18123993.01.2-81.2%
Saudi Arabia2042.83.00.9-83.6%
Others243461619136-17.6%
Total2,8472,8652,3531,793-14.3%

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

  1. Portugal (1231.7 tons)
  2. India (874.7 tons)
  3. Turkey (590.0 tons)
  4. Italy (361.0 tons)
  5. Syrian Arab Republic (339.6 tons)
  6. Uzbekistan (151.2 tons)
  7. Russia (120.5 tons)
  8. Bulgaria (100.9 tons)
  9. Iran (100.8 tons)
  10. Tunisia (27.6 tons)
  11. Saudi Arabia (2.7 tons)
  12. Algeria (1.8 tons)

Source: IndexBox Market Intelligence Platform

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