Mullite Price in the UK - 2023
Contents:
- Mullite Price in the UK (FOB) - 2023
- Mullite Price in the UK (CIF) - 2022
- Mullite Exports in the UK
- Mullite Imports in the UK
Mullite Price in the UK (FOB) - 2023
The average mullite export price stood at $786 per ton in August 2023, shrinking by -72.7% against the previous month. In general, the export price continues to indicate a deep downturn. The growth pace was the most rapid in December 2022 an increase of 31% month-to-month. The export price peaked at $4,116 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($5,298 per ton), while the average price for exports to Germany ($349 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 Italy (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Mullite Price in the UK (CIF) - 2022
In 2022, the average mullite import price amounted to $1,170 per ton, rising by 41% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mullite import price increased by +83.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,738 per ton), while the price for China ($777 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Mullite Exports in the UK
In 2022, approx. 2.1K tons of mullites were exported from the UK; with an increase of 67% against the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 155%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, mullite exports surged to $3.1M in 2022. In general, exports showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 106%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Mullite in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 68.5 | 24.5 | 72.0 | 813 | 128.1% |
| Germany | 307 | 217 | 891 | 752 | 34.8% |
| Belgium | 102 | 73.4 | 217 | 414 | 59.5% |
| China | 348 | 89.7 | 94.4 | 349 | 0.1% |
| Italy | 348 | 197 | 152 | 215 | -14.8% |
| France | 396 | 112 | 196 | 198 | -20.6% |
| Czech Republic | 3.9 | 31.3 | 136 | 149 | 236.8% |
| Netherlands | 77.2 | 35.1 | 84.0 | 39.4 | -20.1% |
| Thailand | 78.4 | 3.6 | 16.6 | 16.7 | -40.3% |
| Sweden | 66.5 | 4.1 | 13.9 | 12.7 | -42.4% |
| Others | 71.8 | 215 | 189 | 149 | 27.6% |
| Total | 1,867 | 1,003 | 2,062 | 3,107 | 18.5% |
Top Export Markets for Mullite from the UK in 2022:
- Poland (1087.6 tons)
- Germany (348.5 tons)
- Czech Republic (169.1 tons)
- Belgium (113.0 tons)
- China (91.9 tons)
- Italy (88.0 tons)
- France (66.3 tons)
- Thailand (18.8 tons)
- Netherlands (18.0 tons)
- Sweden (13.3 tons)
Mullite Imports in the UK
Mullite imports into the UK reduced slightly to 2.4K tons in 2022, approximately mirroring 2021 figures. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 8.1%.
In value terms, mullite imports soared to $2.8M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +95.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Mullite in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 926 | 647 | 765 | 980 | 1.9% |
| United States | 119 | 133 | 274 | 825 | 90.7% |
| Hungary | 463 | 231 | 728 | 668 | 13.0% |
| Germany | 737 | 395 | 217 | 234 | -31.8% |
| Japan | N/A | N/A | 10.2 | 66.3 | 550.0% |
| Others | 20.3 | 20.4 | 5.0 | 10.5 | -19.7% |
| Total | 2,265 | 1,427 | 1,999 | 2,783 | 7.1% |
Top Suppliers of Mullite to the UK in 2022:
- China (1262.4 tons)
- United States (474.8 tons)
- Hungary (445.3 tons)
- Germany (139.8 tons)
- Japan (50.0 tons)
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