Price for Leucite; Nepheline and Nepheline Syenite in Belgium - 2023

Contents:

  1. Price for Leucite; Nepheline and Nepheline Syenite in Belgium (CIF) - 2023
  2. Price for Leucite; Nepheline and Nepheline Syenite in Belgium (FOB) - 2022
  3. Imports of Leucite; Nepheline and Nepheline Syenite in Belgium
  4. Exports of Leucite; Nepheline and Nepheline Syenite in Belgium

Price for Leucite; Nepheline and Nepheline Syenite in Belgium (CIF) - 2023

The average import price for leucite; nepheline and nepheline syenites stood at $247 per ton in July 2023, which is down by -20.3% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 87% m-o-m. Over the period under review, average import prices attained the peak figure at $348 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Canada ($796 per ton), while the price for the Netherlands amounted to $212 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Leucite; Nepheline and Nepheline Syenite in Belgium (FOB) - 2022

In 2022, the average export price for leucite; nepheline and nepheline syenites amounted to $840 per ton, remaining stable against the previous year. In general, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 68%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,430 per ton), while the average price for exports to Poland ($446 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 the Netherlands (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leucite; Nepheline and Nepheline Syenite in Belgium

After three years of growth, supplies from abroad of leucite; nepheline and nepheline syenites decreased by -23% to 29K tons in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.1% 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 +26.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 59%. As a result, imports reached the peak of 37K tons, and then fell significantly in the following year.

In value terms, leucite; nepheline and nepheline syenite imports contracted significantly to $3.9M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $4.8M, and then contracted sharply in the following year.

Import of Leucite; Nepheline and Nepheline Syenite in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5561,0811,6051,77847.3%
Russia6316031,2561,08219.7%
Canada1393331,30895390.0%
Norway55774665125.8-64.1%
United States1,398733N/A17.3-76.9%
Others32.829.28.413.9-24.9%
Total3,3133,5254,8283,8715.3%

Top Suppliers of Leucite; Nepheline and Nepheline Syenite to Belgium in 2022:

  1. United States (undefinedK tons)
  2. Russia (18.0K tons)
  3. Netherlands (9.3K tons)
  4. Canada (1.0K tons)
  5. Norway (0.3K tons)

Exports of Leucite; Nepheline and Nepheline Syenite in Belgium

In 2022, overseas shipments of leucite; nepheline and nepheline syenites decreased by -41.1% to 1.3K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2020 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 3.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, leucite; nepheline and nepheline syenite exports fell remarkably to $1.1M in 2022. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of $2.6M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Leucite; Nepheline and Nepheline Syenite in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7801,1651,185626-7.1%
Luxembourg5.716.8N/A170210.1%
China61.219612014834.2%
Turkey17.756.934.064.654.0%
India1.71.743.334.0171.4%
FranceN/AN/AN/A31.50%
Indonesia22.821.620.69.8-24.5%
PolandN/A3.42.29.365.4%
Netherlands1,1751,090444N/A-38.5%
Others35.651.056.831.8-3.7%
Total2,1002,6031,9061,125-18.8%

Top Export Markets for Leucite; Nepheline and Nepheline Syenite from Belgium in 2022:

  1. Germany (699.6 tons)
  2. Luxembourg (258.1 tons)
  3. China (180.8 tons)
  4. Turkey (78.0 tons)
  5. India (29.9 tons)
  6. France (22.0 tons)
  7. Poland (20.9 tons)
  8. Indonesia (18.0 tons)

Source: IndexBox Market Intelligence Platform

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