Price for Andalusite, Kyanite and Sillimanite in India - 2023
Contents:
- Price for Andalusite, Kyanite and Sillimanite in India (CIF) - 2023
- Price for Andalusite, Kyanite and Sillimanite in India (FOB) - 2022
- Imports of Andalusite, Kyanite and Sillimanite in India
- Exports of Andalusite, Kyanite and Sillimanite in India
Price for Andalusite, Kyanite and Sillimanite in India (CIF) - 2023
The average andalusite, kyanite and sillimanite import price stood at $615 per ton in July 2023, surging by 1.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 20% against the previous month. As a result, import price reached the peak level of $682 per ton. From June 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($790 per ton), while the price for the United States ($525 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Africa (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Andalusite, Kyanite and Sillimanite in India (FOB) - 2022
In 2022, the average andalusite, kyanite and sillimanite export price amounted to $339 per ton, increasing by 39% against the previous year. Over the period under review, the export price recorded a notable expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 68%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($432 per ton), while the average price for exports to Nepal ($164 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 Kenya (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Andalusite, Kyanite and Sillimanite in India
After two years of decline, overseas purchases of andalusite, kyanite and sillimanites increased by 20% to 15K tons in 2022. In general, imports, however, recorded a drastic downturn.
In value terms, andalusite, kyanite and sillimanite imports soared to $8M 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 +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Andalusite, Kyanite and Sillimanite in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 5.1 | 4.3 | 3.3 | 5.7 | 3.8% |
| France | 1.2 | 1.1 | 1.1 | 1.2 | 0.0% |
| United States | 0.5 | 0.5 | 0.6 | 0.9 | 21.6% |
| Ukraine | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 7.0 | 6.1 | 5.3 | 8.0 | 4.6% |
Top Suppliers of Andalusite, Kyanite and Sillimanite to India in 2022:
- South Africa (11.4K tons)
- France (1.8K tons)
- United States (1.7K tons)
- Ukraine (0.1K tons)
Exports of Andalusite, Kyanite and Sillimanite in India
After three years of growth, shipments abroad of andalusite, kyanite and sillimanites decreased by -56.5% to 2K tons in 2022. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 250% against the previous year.
In value terms, andalusite, kyanite and sillimanite exports contracted sharply to $677K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 245% against the previous year. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Andalusite, Kyanite and Sillimanite in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.3 | 839 | 720 | 312 | 137.5% |
| Japan | 174 | 132 | 186 | 161 | -2.6% |
| United Arab Emirates | 40.8 | 30.6 | 90.8 | 71.8 | 20.7% |
| Turkey | N/A | N/A | N/A | 48.7 | 0% |
| Greece | 35.3 | 58.7 | 12.2 | 30.1 | -5.2% |
| Nepal | 42.2 | 21.0 | 19.0 | 17.7 | -25.1% |
| Kenya | N/A | N/A | N/A | 14.4 | 0% |
| Malaysia | N/A | 51.7 | 44.1 | N/A | -14.7% |
| Others | 32.2 | 68.4 | 46.8 | 20.6 | -13.8% |
| Total | 348 | 1,201 | 1,119 | 677 | 24.8% |
Top Export Markets for Andalusite, Kyanite and Sillimanite from India in 2022:
- China (949.0 tons)
- Japan (374.0 tons)
- United Arab Emirates (225.5 tons)
- Turkey (139.7 tons)
- Nepal (108.1 tons)
- Greece (95.4 tons)
- Kenya (39.1 tons)
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