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

Contents:

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

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

In 2022, the average import price for leucite; nepheline and nepheline syenites amounted to $434 per ton, increasing by 10% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. Over the period under review, average import prices attained the peak figure at $489 per ton in 2012; however, from 2013 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 the Netherlands ($933 per ton), while the price for Iran ($79 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+0.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for leucite; nepheline and nepheline syenites amounted to $229 per ton, surging by 51% against the previous year. Overall, the export price, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 118% against the previous year. The export price peaked at $1,088 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($388 per ton), while the average price for exports to Mexico ($131 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 Italy (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Leucite; Nepheline and Nepheline Syenite in Turkey

In 2022, approx. 5.5K tons of leucite; nepheline and nepheline syenites were imported into Turkey; surging by 40% compared with 2021 figures. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, leucite; nepheline and nepheline syenite imports surged to $2.4M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Leucite; Nepheline and Nepheline Syenite in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada11526655389097.8%
Norway7557157918463.9%
Spain59.119416623558.4%
Italy6.76.70.8198209.2%
NetherlandsN/A23.325.4159161.2%
Iran17.015.113.227.217.0%
United States99.01614.8N/A-78.0%
Others1.9N/A0.247.3192.0%
Total1,0541,3811,5552,40331.6%

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

  1. United States (undefined tons)
  2. Canada (2500.0 tons)
  3. Norway (1573.5 tons)
  4. Italy (454.1 tons)
  5. Spain (436.0 tons)
  6. Iran (345.2 tons)
  7. Netherlands (170.0 tons)

Exports of Leucite; Nepheline and Nepheline Syenite in Turkey

In 2022, overseas shipments of leucite; nepheline and nepheline syenites decreased by -1.9% to 4.3K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 129%. As a result, the exports attained the peak of 4.4K tons, and then shrank modestly in the following year.

In value terms, leucite; nepheline and nepheline syenite exports soared to $983K in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 169%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Leucite; Nepheline and Nepheline Syenite in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia33.692.4138448137.1%
India62.014022320348.5%
IranN/A2.0N/A182853.9%
Italy23.78.85.349.627.9%
SpainN/AN/A18739.6-78.8%
MexicoN/AN/A6.230.2387.1%
VietnamN/AN/AN/A15.40%
Others4.94.110515.145.5%
Total12424766598399.4%

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

  1. India (1487.6 tons)
  2. Russia (1299.9 tons)
  3. Iran (470.2 tons)
  4. Italy (334.7 tons)
  5. Spain (259.2 tons)
  6. Mexico (230.1 tons)
  7. Vietnam (96.6 tons)

Source: IndexBox Market Intelligence Platform

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