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

Contents:

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

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

The average import price for leucite; nepheline and nepheline syenites stood at $772 per ton in 2022, reducing by -14.4% against the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 an increase of 102%. Over the period under review, average import prices reached the peak figure at $1,007 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($977 per ton), while the price for Spain ($302 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for leucite; nepheline and nepheline syenites stood at $795 per ton in 2022, falling by -10.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 52% against the previous year. As a result, the export price reached the peak level of $1,038 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($3,487 per ton), while the average price for exports to China ($431 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 Indonesia (+45.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leucite; Nepheline and Nepheline Syenite in Thailand

After three years of growth, overseas purchases of leucite; nepheline and nepheline syenites decreased by -3.5% to 694 tons in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of 719 tons, and then contracted in the following year.

In value terms, leucite; nepheline and nepheline syenite imports fell markedly to $536K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of $649K, and then reduced sharply in the following year.

Import of Leucite; Nepheline and Nepheline Syenite in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada82.196.749930254.4%
United States23624367.7136-16.8%
Norway26.518.242.457.129.2%
China7.214.916.723.448.1%
Spain7.67.06.55.2-11.9%
Others12.517.316.412.4-0.3%
Total37239764953612.9%

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

  1. Canada (336.4 tons)
  2. Norway (152.3 tons)
  3. United States (139.3 tons)
  4. China (36.8 tons)
  5. Spain (17.2 tons)

Exports of Leucite; Nepheline and Nepheline Syenite in Thailand

In 2022, after three years of growth, there was significant decline in overseas shipments of leucite; nepheline and nepheline syenites, when their volume decreased by -9% to 12 tons. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 66% against the previous year. As a result, the exports reached the peak of 13 tons, and then declined in the following year.

In value terms, leucite; nepheline and nepheline syenite exports shrank markedly to $9.4K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. As a result, the exports reached the peak of $12K, and then fell remarkably in the following year.

Export of Leucite; Nepheline and Nepheline Syenite in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A3.20%
ChinaN/AN/AN/A3.10%
India0.4N/A9.31.658.7%
Singapore2.04.2N/A0.6-33.1%
Indonesia1.4N/AN/A0.6-24.6%
South KoreaN/A2.22.20.2-69.8%
Vietnam0.60.8N/A0.1-45.0%
Others0.3N/AN/AN/A0%
Total4.77.211.69.426.0%

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

  1. China (7.3 tons)
  2. Australia (3.0 tons)
  3. India (0.7 tons)
  4. Indonesia (0.4 tons)
  5. Singapore (0.2 tons)
  6. South Korea (0.2 tons)
  7. Vietnam (0.1 tons)

Source: IndexBox Market Intelligence Platform

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