Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait - 2022

Contents:

  1. Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait (CIF) - 2022
  2. Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait (FOB) - 2022
  3. Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait
  4. Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait

Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait (CIF) - 2022

In 2022, the average import price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $108 per ton, with an increase of 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 51% against the previous year. The import price peaked at $119 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($164 per ton), while the price for Iran ($13 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait (FOB) - 2022

The average export price for felspar; leucite; nepheline and nepheline syenite; fluorspars stood at $289 per ton in 2021, remaining stable against the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 95% against the previous year. The export price peaked at $439 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +83.4% per year.

Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait

In 2022, overseas purchases of felspar; leucite; nepheline and nepheline syenite; fluorspars decreased by -32.1% to 10K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 9.6%. As a result, imports reached the peak of 18K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars fell markedly to $1.1M in 2022. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 1.7% against the previous year. As a result, imports attained the peak of $1.4M, and then reduced remarkably in the following year.

Import of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia630816853617-0.7%
Turkey553332224227-25.7%
India13818827020914.8%
Iran14.519.430.318.48.3%
Others42.320.023.423.8-17.4%
Total1,3781,3761,4001,096-7.3%

Top Suppliers of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar to Kuwait in 2022:

  1. Saudi Arabia (6.0K tons)
  2. Turkey (1.4K tons)
  3. Iran (1.4K tons)
  4. India (1.3K tons)

Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait

Exports of felspar; leucite; nepheline and nepheline syenite; fluorspars from Kuwait totaled 40 tons in 2021, approximately reflecting the previous year. In general, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of felspar; leucite; nepheline and nepheline syenite; fluorspars totaled $12K in 2021. Over the period under review, exports posted buoyant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Export of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Kuwait (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Bahrain6.2N/A11.636.8%
Qatar3.4N/AN/A0%
Others0.2N/AN/A0%
Total9.8N/A11.68.8%

Top Export Markets for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar from Kuwait in 2022:

  1. Bahrain (40.0 tons)

Source: IndexBox Market Intelligence Platform

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