Global Feldspar Market 2024

Feldspar Market Size

In 2023, the global feldspar market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Global consumption peaked at $X in 2022, and then contracted slightly in the following year.

Feldspar Production

In value terms, feldspar production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, global production reached the maximum level at $X in 2021; afterwards, it flattened through to 2023.

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Feldspar Exports

Exports

In 2023, global exports of feldspar fell notably to X tons, which is down by X% against the previous year. In general, total exports indicated a tangible expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the global exports failed to regain momentum.

In value terms, feldspar exports declined to $X in 2023. Overall, total exports indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. The global exports peaked at $X in 2022, and then contracted in the following year.

Exports by Country

Turkey represented the main exporter of feldspar in the world, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2023. Thailand (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%) and Italy (X%). China (X tons), Morocco (X tons), the Czech Republic (X tons) and France (X tons) took a minor share of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Morocco (X%), Italy (X%), Thailand (X%) and India (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The Czech Republic experienced a relatively flat trend pattern. By contrast, France (X%) and China (X%) illustrated a downward trend over the same period. Morocco (X p.p.), Italy (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the global exports, while Turkey and China saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest feldspar supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by India ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

In Turkey, feldspar exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: India (X% per year) and Thailand (X% per year).

Export Prices by Country

The average feldspar export price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The global export price peaked in 2023 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Feldspar Imports

Imports

Global feldspar imports plummeted to X tons in 2023, shrinking by X% on 2022. Over the period under review, total imports indicated a mild expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of global imports remained at a lower figure.

In value terms, feldspar imports fell sharply to $X in 2023. Overall, total imports indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, global imports hit record highs at $X in 2022, and then dropped markedly in the following year.

Imports by Country

In 2023, Italy (X tons), distantly followed by Bangladesh (X tons), Spain (X tons), Russia (X tons), Taiwan (Chinese) (X tons) and Poland (X tons) were the main importers of feldspar, together comprising X% of total imports. The following importers - the United Arab Emirates (X tons), Indonesia (X tons), Vietnam (X tons) and Bulgaria (X tons) - together made up X% of total imports.

Imports into Italy increased at an average annual rate of X% from 2012 to 2023. At the same time, Bangladesh (X%), Bulgaria (X%), Poland (X%) and Russia (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Vietnam and Spain experienced a relatively flat trend pattern. By contrast, Indonesia (X%), Taiwan (Chinese) (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Bangladesh increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Spain ($X) and Bangladesh ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of global imports.

Among the main importing countries, Bangladesh, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average feldspar import price amounted to $X per ton, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform