Price for Leucite; Nepheline and Nepheline Syenite in Hong Kong SAR - 2022

Contents:

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

Price for Leucite; Nepheline and Nepheline Syenite in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for leucite; nepheline and nepheline syenites amounted to $779 per ton, increasing by 2.8% against the previous year. Over the period under review, the import price posted perceptible growth. The pace of growth was the most pronounced in 2015 an increase of 194% against the previous year. As a result, import price attained the peak level of $881 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 +2.1% per year.

Price for Leucite; Nepheline and Nepheline Syenite in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for leucite; nepheline and nepheline syenites amounted to $243 per ton, with a decrease of -6.6% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 49% against the previous year. The export price peaked at $305 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 Brazil ($425 per ton), while the average price for exports to Vietnam ($33 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 Brazil (+9.9%), while the prices for the other major destinations experienced a decline.

Imports of Leucite; Nepheline and Nepheline Syenite in Hong Kong SAR

In 2022, supplies from abroad of leucite; nepheline and nepheline syenites was finally on the rise to reach 1.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp descent.

In value terms, leucite; nepheline and nepheline syenite imports skyrocketed to $974 in 2022. Over the period under review, imports, however, showed a abrupt setback.

Import of Leucite; Nepheline and Nepheline Syenite in Hong Kong SAR (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4321,568306974-12.1%
MalaysiaN/AN/A73.0N/A0%
OthersN/AN/AN/AN/A0%
Total1,4321,568379974-12.1%

Top Suppliers of Leucite; Nepheline and Nepheline Syenite to Hong Kong SAR in 2022:

  1. China (1.3 tons)

Exports of Leucite; Nepheline and Nepheline Syenite in Hong Kong SAR

In 2022, approx. 42 tons of leucite; nepheline and nepheline syenites were exported from Hong Kong SAR; growing by 47% against 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 122%. As a result, the exports attained the peak of 51 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, leucite; nepheline and nepheline syenite exports soared to $10K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 167% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Leucite; Nepheline and Nepheline Syenite in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.910.66.38.931.7%
Israel0.51.30.70.817.0%
Vietnam0.51.00.50.66.3%
OthersN/A0.1N/AN/A0%
Total4.913.17.510.328.1%

Top Export Markets for Leucite; Nepheline and Nepheline Syenite from Hong Kong SAR in 2022:

  1. Brazil (20.9 tons)
  2. Vietnam (19.4 tons)
  3. Israel (2.0 tons)

Source: IndexBox Market Intelligence Platform

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