Mullite Price in the United States - 2023
Contents:
- Mullite Price in the United States (FOB) - 2023
- Mullite Price in the United States (CIF) - 2023
- Mullite Exports in the United States
- Mullite Imports in the United States
Mullite Price in the United States (FOB) - 2023
The average mullite export price stood at $456 per ton in September 2023, reducing by -13.7% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average export price increased by 15% month-to-month. Over the period under review, the average export prices hit record highs at $604 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was China ($683 per ton), while the average price for exports to Mexico ($434 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.6%), while the prices for the other major destinations experienced a decline.
Mullite Price in the United States (CIF) - 2023
The average mullite import price stood at $1,536 per ton in September 2023, increasing by 32% against the previous month. Overall, import price indicated a noticeable expansion from September 2022 to September 2023: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, mullite import price increased by +56.5% against May 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 63% m-o-m. The import price peaked at $1,710 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,478 per ton), while the price for Japan ($801 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Mullite Exports in the United States
Mullite exports from the United States dropped modestly to 26K tons in 2022, reducing by -3% compared with the year before. Over the period under review, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year.
In value terms, mullite exports expanded remarkably to $13M in 2022. Overall, total exports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Mullite in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 6.3 | 3.0 | 5.3 | 6.1 | -1.1% |
| Canada | 2.3 | 2.4 | 3.3 | 3.7 | 17.2% |
| Germany | 1.1 | 1.2 | 1.0 | 1.5 | 10.9% |
| China | 0.3 | 0.1 | 0.3 | 0.4 | 10.1% |
| Japan | N/A | 0.1 | 0.4 | 0.3 | 73.2% |
| Argentina | 1.8 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 0.7 | 1.4 | 1.3 | 17.6% |
| Total | 12.6 | 7.6 | 11.6 | 13.3 | 1.8% |
Top Export Markets for Mullite from the United States in 2022:
- Mexico (12.1K tons)
- Canada (8.0K tons)
- Germany (2.5K tons)
- China (0.7K tons)
- Japan (0.5K tons)
Mullite Imports in the United States
In 2022, approx. 6.1K tons of mullites were imported into the United States; with an increase of 2% on the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.1% 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 +97.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 93%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, mullite imports rose rapidly to $6M in 2022. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +84.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 76% against the previous year. 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 United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2,311 | 1,072 | 2,555 | 2,931 | 8.2% |
| China | 708 | 572 | 1,239 | 1,364 | 24.4% |
| Germany | 1,428 | 947 | 744 | 836 | -16.3% |
| Hungary | 139 | 254 | 572 | 529 | 56.1% |
| Japan | 194 | 107 | 224 | 254 | 9.4% |
| Brazil | 339 | 216 | 224 | 20.0 | -61.1% |
| Others | 164 | 71.9 | 132 | 43.5 | -35.7% |
| Total | 5,282 | 3,240 | 5,690 | 5,977 | 4.2% |
Top Suppliers of Mullite to the United States in 2022:
- Canada (3668.0 tons)
- China (1309.0 tons)
- Germany (366.0 tons)
- Hungary (359.0 tons)
- Japan (318.0 tons)
- Brazil (25.0 tons)
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