Price for Leucite; Nepheline and Nepheline Syenite in Kuwait - 2021
Contents:
- Price for Leucite; Nepheline and Nepheline Syenite in Kuwait (CIF) - 2022
- Price for Leucite; Nepheline and Nepheline Syenite in Kuwait (FOB) - 2022
- Imports of Leucite; Nepheline and Nepheline Syenite in Kuwait
- Exports of Leucite; Nepheline and Nepheline Syenite in Kuwait
Price for Leucite; Nepheline and Nepheline Syenite in Kuwait (CIF) - 2022
In 2022, the average import price for leucite; nepheline and nepheline syenites amounted to $652 per ton, dropping by -4.7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 31%. As a result, import price attained the peak level of $729 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 Norway.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +0.8% per year.
Price for Leucite; Nepheline and Nepheline Syenite in Kuwait (FOB) - 2022
The average export price for leucite; nepheline and nepheline syenites stood at $736 per ton in 2022, declining by -10.8% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $825 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +9.7% per year.
Imports of Leucite; Nepheline and Nepheline Syenite in Kuwait
In 2022, after three years of growth, there was significant decline in supplies from abroad of leucite; nepheline and nepheline syenites, when their volume decreased by -16.7% to 25 tons. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.7% 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 +25.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 30 tons, and then contracted notably in the following year.
In value terms, leucite; nepheline and nepheline syenite imports declined dramatically to $16K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of $21K, and then dropped rapidly in the following year.
| Import of Leucite; Nepheline and Nepheline Syenite in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 11.9 | 12.1 | 20.5 | 16.3 | 11.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.9 | 12.1 | 20.5 | 16.3 | 11.1% |
Top Suppliers of Leucite; Nepheline and Nepheline Syenite to Kuwait in 2022:
- Norway (25.0 tons)
Exports of Leucite; Nepheline and Nepheline Syenite in Kuwait
In 2022, shipments abroad of leucite; nepheline and nepheline syenites was finally on the rise to reach 193 kg after two years of decline. Over the period under review, exports, however, continue to indicate a deep slump.
In value terms, leucite; nepheline and nepheline syenite exports totaled $142 in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage.
| Export of Leucite; Nepheline and Nepheline Syenite in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 198 | 158 | 127 | 142 | -10.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 198 | 158 | 127 | 142 | -10.5% |
Top Export Markets for Leucite; Nepheline and Nepheline Syenite from Kuwait in 2022:
- United Arab Emirates (193.0 kg)
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