Price for Leucite; Nepheline and Nepheline Syenite in the United States - 2023

Contents:

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

Price for Leucite; Nepheline and Nepheline Syenite in the United States (CIF) - 2023

In August 2023, the average import price for leucite; nepheline and nepheline syenites amounted to $198 per ton, with an increase of 3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 8.1% month-to-month. As a result, import price reached the peak level of $211 per ton. From June 2023 to August 2023, the average import prices remained at a lower figure.

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

From August 2022 to August 2023, the rate of growth in terms of prices for Canada amounted to +0.3% per month.

Price for Leucite; Nepheline and Nepheline Syenite in the United States (FOB) - 2023

In August 2023, the average export price for leucite; nepheline and nepheline syenites amounted to $358 per ton, rising by 31% against the previous month. Over the period under review, the export price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in October 2022 an increase of 75% month-to-month. As a result, the export price reached the peak level of $581 per ton. From November 2022 to August 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was El Salvador ($766 per ton), while the average price for exports to Canada ($188 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leucite; Nepheline and Nepheline Syenite in the United States

Leucite; nepheline and nepheline syenite imports into the United States declined to 484K tons in 2022, falling by -8.6% on 2021 figures. In general, imports recorded a mild descent. The growth pace was the most rapid in 2021 with an increase of 5.3% against the previous year. As a result, imports reached the peak of 529K tons, and then shrank in the following year.

In value terms, leucite; nepheline and nepheline syenite imports amounted to $89M in 2022. Overall, imports recorded a mild contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 6%.

Import of Leucite; Nepheline and Nepheline Syenite in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada92.081.686.588.3-1.4%
Others0.30.20.20.410.1%
Total92.281.886.788.7-1.3%

Top Suppliers of Leucite; Nepheline and Nepheline Syenite to the United States in 2022:

  1. Canada (483.0K tons)

Exports of Leucite; Nepheline and Nepheline Syenite in the United States

For the fourth year in a row, the United States recorded growth in shipments abroad of leucite; nepheline and nepheline syenites, which increased by 16% to 18K tons in 2022. The total export volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, leucite; nepheline and nepheline syenite exports soared to $7.3M in 2022. The total export value increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Leucite; Nepheline and Nepheline Syenite in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico8379808862,99853.0%
Canada1,3481,4972,0101,97913.7%
Belgium995835981717-10.3%
El Salvador11185.822518418.3%
Australia55520035.9N/A-74.6%
Others1,3811,5001,8161,4120.7%
Total5,2275,0995,9557,29011.7%

Top Export Markets for Leucite; Nepheline and Nepheline Syenite from the United States in 2022:

  1. Canada (10.1K tons)
  2. Mexico (5.1K tons)
  3. Belgium (0.8K tons)
  4. El Salvador (0.3K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Leucite; nepheline and nepheline syenite - United States