Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Turkey - 2024

Contents:

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

Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Turkey (FOB) - 2022

In 2022, the average export price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $43 per ton, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($84 per ton), while the average price for exports to Bulgaria ($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 Spain (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Turkey (CIF) - 2022

In 2022, the average import price for felspar; leucite; nepheline and nepheline syenite; fluorspars amounted to $199 per ton, with an increase of 15% against the previous year. In general, the import price, however, saw a slight contraction. Over the period under review, average import prices reached the peak figure at $241 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($556 per ton), while the price for Italy ($94 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Turkey

In 2022, the amount of felspar; leucite; nepheline and nepheline syenite; fluorspars exported from Turkey declined modestly to 7.5M tons, waning by -4.5% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.6% 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 when exports increased by 40%. As a result, the exports reached the peak of 7.8M tons, and then reduced modestly in the following year.

In value terms, exports of felspar; leucite; nepheline and nepheline syenite; fluorspars stood at $324M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +59.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain72.674.012512118.6%
Italy71.762.584.799.111.4%
Russia10.89.111.325.533.2%
United States5.74.56.914.636.8%
Egypt6.16.26.88.813.0%
Poland5.35.29.86.35.9%
Bulgaria5.05.86.46.38.0%
Others40.136.041.542.52.0%
Total21720329332414.3%

Top Export Markets for Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar from Turkey in 2022:

  1. Italy (2789.8K tons)
  2. Spain (2765.3K tons)
  3. Russia (654.2K tons)
  4. United States (347.0K tons)
  5. Bulgaria (189.9K tons)
  6. Poland (124.3K tons)
  7. Egypt (105.4K tons)

Imports of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Turkey

After three years of growth, overseas purchases of felspar; leucite; nepheline and nepheline syenite; fluorspars decreased by -8.4% to 133K tons in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +68.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 58%.

In value terms, imports of felspar; leucite; nepheline and nepheline syenite; fluorspars rose sharply to $26M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.4% 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 +87.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3.93.96.06.518.6%
Italy0.73.75.34.383.1%
Iran3.63.03.53.60.0%
Mexico3.23.31.53.20.0%
Pakistan0.10.45.02.2180.2%
EgyptN/AN/A0.42.2450.0%
India0.91.00.20.3-30.7%
Others1.83.53.14.131.6%
Total14.118.825.026.423.3%

Top Suppliers of Felspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar to Turkey in 2022:

  1. Italy (45.2K tons)
  2. Spain (42.0K tons)
  3. Egypt (13.2K tons)
  4. Iran (10.1K tons)
  5. Mexico (7.5K tons)
  6. Pakistan (4.0K tons)
  7. India (2.9K tons)

Source: IndexBox Market Intelligence Platform

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