Price for Andalusite, Kyanite and Sillimanite in Pakistan - 2022

Contents:

  1. Price for Andalusite, Kyanite and Sillimanite in Pakistan (FOB) - 2022
  2. Price for Andalusite, Kyanite and Sillimanite in Pakistan (CIF) - 2022
  3. Exports of Andalusite, Kyanite and Sillimanite in Pakistan
  4. Imports of Andalusite, Kyanite and Sillimanite in Pakistan

Price for Andalusite, Kyanite and Sillimanite in Pakistan (FOB) - 2022

In 2022, the average andalusite, kyanite and sillimanite export price amounted to $357 per ton, shrinking by -52.1% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 174%. The export price peaked at $746 per ton in 2021, and then reduced markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($2,425 per ton), while the average price for exports to Djibouti ($188 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 Ethiopia (+13.8%).

Price for Andalusite, Kyanite and Sillimanite in Pakistan (CIF) - 2022

In 2022, the average andalusite, kyanite and sillimanite import price amounted to $484 per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2015 when the average import price increased by 17%. As a result, import price attained the peak level of $600 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.0% per year.

Exports of Andalusite, Kyanite and Sillimanite in Pakistan

In 2022, andalusite, kyanite and sillimanite exports from Pakistan soared to 22 tons, rising by 175% against 2021. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 778% against the previous year. As a result, the exports attained the peak of 36 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, andalusite, kyanite and sillimanite exports surged to $8K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 498%. As a result, the exports attained the peak of $9.9K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Andalusite, Kyanite and Sillimanite in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/AN/A2.80%
Ethiopia1.15.04.91.715.6%
Djibouti0.34.30.90.30.0%
Others0.20.60.23.1149.3%
Total1.79.96.18.067.6%

Top Export Markets for Andalusite, Kyanite and Sillimanite from Pakistan in 2022:

  1. Slovenia (10.0 tons)
  2. Djibouti (1.7 tons)
  3. Ethiopia (0.7 tons)

Imports of Andalusite, Kyanite and Sillimanite in Pakistan

In 2022, supplies from abroad of andalusite, kyanite and sillimanites was finally on the rise to reach 2.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt slump.

In value terms, andalusite, kyanite and sillimanite imports rose markedly to $1.1K in 2022. Over the period under review, imports, however, faced a abrupt shrinkage.

Import of Andalusite, Kyanite and Sillimanite in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.51.21.01.1-9.8%
OthersN/AN/AN/AN/A0%
Total1.51.21.01.1-9.8%

Top Suppliers of Andalusite, Kyanite and Sillimanite to Pakistan in 2022:

  1. China (2.2 tons)

Source: IndexBox Market Intelligence Platform

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