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

Contents:

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

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

The average export price for felspar; leucite; nepheline and nepheline syenite; fluorspars stood at $546 per ton in December 2022, jumping by 141% against the previous month. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $547 per ton in July 2022; however, from August 2022 to December 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In December 2022, the country with the highest price was the United States ($547 per ton), while the average price for exports to India ($450 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $106 per ton, shrinking by -19.1% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for felspar; leucite; nepheline and nepheline syenite; fluorspars increased by +17.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26%. As a result, import price reached the peak level of $132 per ton, and then declined sharply in the following year.

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 Pakistan ($292 per ton), while the price for Thailand ($97 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 126K tons of felspar; leucite; nepheline and nepheline syenite; fluorspars were exported from Vietnam; with a decrease of -13.7% on the year before. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year.

In value terms, exports of felspar; leucite; nepheline and nepheline syenite; fluorspars totaled $66M in 2022. Overall, exports saw a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 23%.

Export of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates16.49.411.226.717.6%
Italy5.23.13.414.641.1%
Germany10.19.512.713.811.0%
Canada13.314.79.29.8-9.7%
India2.88.15.60.8-34.1%
Japan11.60.210.20.1-79.5%
ChinaN/A2.66.5N/A150.0%
United States14.8N/AN/AN/A0%
OthersN/A0.40.40.622.5%
Total74.148.059.366.5-3.5%

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

  1. United Arab Emirates (48.8K tons)
  2. Canada (27.0K tons)
  3. Italy (25.5K tons)
  4. Germany (21.7K tons)
  5. India (2.4K tons)
  6. Japan (0.1K tons)

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

In 2022, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars into Vietnam rose modestly to 182K tons, surging by 3.4% against 2021. Overall, imports, however, showed a relatively flat trend pattern.

In value terms, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars contracted notably to $19M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19%. As a result, imports attained the peak of $23M, and then declined notably in the following year.

Import of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10.812.915.513.47.5%
China2.72.72.02.1-8.0%
PakistanN/AN/A0.61.066.7%
Turkey0.50.81.10.711.9%
South Korea0.70.81.10.5-10.6%
Thailand0.50.60.60.4-7.2%
Others1.61.72.31.4-4.4%
Total16.819.623.219.44.9%

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

  1. India (138.4K tons)
  2. China (18.5K tons)
  3. Turkey (6.8K tons)
  4. South Korea (5.6K tons)
  5. Thailand (4.0K tons)
  6. Pakistan (3.3K tons)

Source: IndexBox Market Intelligence Platform

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