Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand - 2024
Contents:
- Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand (FOB) - 2022
- Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand (CIF) - 2024
- Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand
- Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand
Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand (FOB) - 2022
In 2022, the average export price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $37 per ton, growing by 24% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 2019 an increase of 47% against the previous year. As a result, the export price reached the peak level of $48 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($281 per ton), while the average price for exports to Bangladesh ($25 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 India (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand (CIF) - 2024
In September 2023, the average import price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $138 per ton, falling by -1.5% against the previous month. Over the period under review, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in July 2023 an increase of 44% m-o-m. The import price peaked at $218 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($703 per ton), while the price for India ($102 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand
For the fourth consecutive year, Thailand recorded growth in shipments abroad of felspar; leucite; nepheline and nepheline syenite; fluorspars, which increased by 1.6% to 1M tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 29%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of felspar; leucite; nepheline and nepheline syenite; fluorspars soared to $38M in 2022. The total export value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 12.3 | 12.7 | 18.0 | 21.0 | 19.5% |
| India | 8.1 | 7.3 | 5.0 | 8.6 | 2.0% |
| Indonesia | 3.6 | 1.9 | 3.0 | 3.7 | 0.9% |
| United Arab Emirates | 3.7 | 2.7 | 2.7 | N/A | -14.6% |
| Others | 1.5 | 1.3 | 1.5 | 4.9 | 48.4% |
| Total | 29.2 | 26.0 | 30.2 | 38.1 | 9.3% |
Top Export Markets for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar from Thailand in 2022:
- Bangladesh (834.2K tons)
- Indonesia (135.9K tons)
- India (30.4K tons)
Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand
In 2022, approx. 50K tons of felspar; leucite; nepheline and nepheline syenite; fluorspars were imported into Thailand; shrinking by -17.1% compared with 2021. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports reached the peak of 60K tons, and then declined notably in the following year.
In value terms, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars fell modestly to $8.9M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +43.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 49%. As a result, imports reached the peak of $9.2M, and then shrank modestly in the following year.
| Import of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,914 | 2,578 | 3,968 | 4,122 | 12.3% |
| Pakistan | 438 | 550 | 1,327 | 1,046 | 33.7% |
| China | 664 | 288 | 602 | 533 | -7.1% |
| Finland | 255 | 224 | 364 | 354 | 11.6% |
| Turkey | 288 | 688 | 418 | 289 | 0.1% |
| Malaysia | 397 | 573 | 686 | 144 | -28.7% |
| Lao People's Democratic Republic | 359 | 295 | 174 | N/A | -30.4% |
| Others | 1,309 | 955 | 1,657 | 2,367 | 21.8% |
| Total | 6,624 | 6,152 | 9,196 | 8,855 | 10.2% |
Top Suppliers of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar to Thailand in 2022:
- India (38.5K tons)
- Pakistan (4.6K tons)
- Turkey (1.2K tons)
- Finland (0.9K tons)
- China (0.9K tons)
- Malaysia (0.6K tons)
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