Price for Leucite; Nepheline and Nepheline Syenite in the UK - 2023
Contents:
- Price for Leucite; Nepheline and Nepheline Syenite in the UK (CIF) - 2023
- Price for Leucite; Nepheline and Nepheline Syenite in the UK (FOB) - 2022
- Imports of Leucite; Nepheline and Nepheline Syenite in the UK
- Exports of Leucite; Nepheline and Nepheline Syenite in the UK
Price for Leucite; Nepheline and Nepheline Syenite in the UK (CIF) - 2023
The average import price for leucite; nepheline and nepheline syenites stood at $159 per ton in June 2023, rising by 36% against the previous month. In general, the import price showed a notable increase. The growth pace was the most rapid in December 2022 when the average import price increased by 13,962% month-to-month. As a result, import price reached the peak level of $12,162 per ton. From January 2023 to June 2023, 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 June 2022 to June 2023, the rate of growth in terms of prices for Norway amounted to +2.7% per month.
Price for Leucite; Nepheline and Nepheline Syenite in the UK (FOB) - 2022
The average export price for leucite; nepheline and nepheline syenites stood at $614 per ton in 2022, jumping by 35% against the previous year. In general, the export price recorded moderate growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 101%. As a result, the export price attained the peak level of $624 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($2,012 per ton), while the average price for exports to Ireland ($448 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 Luxembourg (+45.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Leucite; Nepheline and Nepheline Syenite in the UK
Leucite; nepheline and nepheline syenite imports into the UK expanded markedly to 23K tons in 2022, growing by 5.5% on the previous year. Over the period under review, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year.
In value terms, leucite; nepheline and nepheline syenite imports shrank significantly to $2.8M in 2022. In general, imports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year.
| Import of Leucite; Nepheline and Nepheline Syenite in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.5 | 2.3 | 3.2 | 2.7 | -8.3% |
| Others | 0.6 | 0.5 | 0.1 | 0.1 | -45.0% |
| Total | 4.1 | 2.8 | 3.3 | 2.8 | -11.9% |
Top Suppliers of Leucite; Nepheline and Nepheline Syenite to the UK in 2022:
- Norway (23.3K tons)
Exports of Leucite; Nepheline and Nepheline Syenite in the UK
In 2022, approx. 464 tons of leucite; nepheline and nepheline syenites were exported from the UK; which is down by -10.9% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports reached the peak of 520 tons, and then declined in the following year.
In value terms, leucite; nepheline and nepheline syenite exports soared to $285K in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 80%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Leucite; Nepheline and Nepheline Syenite in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 127 | 116 | 212 | 171 | 10.4% |
| Luxembourg | N/A | 2.5 | N/A | 82.7 | 475.2% |
| Israel | N/A | N/A | N/A | 21.1 | 0% |
| Others | 0.2 | 12.6 | 24.9 | 10.4 | 273.3% |
| Total | 127 | 131 | 237 | 285 | 30.9% |
Top Export Markets for Leucite; Nepheline and Nepheline Syenite from the UK in 2022:
- Ireland (380.9 tons)
- Luxembourg (58.4 tons)
- Israel (10.5 tons)
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