Price for Andalusite, Kyanite and Sillimanite in Japan - 2023

Contents:

  1. Price for Andalusite, Kyanite and Sillimanite in Japan (CIF) - 2023
  2. Price for Andalusite, Kyanite and Sillimanite in Japan (FOB) - 2022
  3. Imports of Andalusite, Kyanite and Sillimanite in Japan
  4. Exports of Andalusite, Kyanite and Sillimanite in Japan

Price for Andalusite, Kyanite and Sillimanite in Japan (CIF) - 2023

The average andalusite, kyanite and sillimanite import price stood at $627 per ton in July 2023, surging by 3.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 7.3% m-o-m. The import price peaked in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Peru ($683 per ton), while the price for Thailand ($287 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Peru (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Andalusite, Kyanite and Sillimanite in Japan (FOB) - 2022

In 2022, the average andalusite, kyanite and sillimanite export price amounted to $875 per ton, waning by -17.2% against the previous year. Overall, the export price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices hit record highs at $1,182 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, 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 -2.8% per year.

Imports of Andalusite, Kyanite and Sillimanite in Japan

In 2022, andalusite, kyanite and sillimanite imports into Japan surged to 13K tons, growing by 20% compared with 2021. In general, imports, however, showed a abrupt decline.

In value terms, andalusite, kyanite and sillimanite imports soared to $7.4M in 2022. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +3.4% 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 +58.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Andalusite, Kyanite and Sillimanite in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa4.42.82.94.40.0%
United States1.20.91.21.57.7%
Peru0.30.20.20.732.6%
China0.50.50.80.4-7.2%
India0.20.10.10.20.0%
Others0.1N/AN/A0.226.0%
Total6.74.75.27.43.4%

Top Suppliers of Andalusite, Kyanite and Sillimanite to Japan in 2022:

  1. South Africa (8.1K tons)
  2. United States (2.6K tons)
  3. Peru (1.2K tons)
  4. China (0.6K tons)
  5. India (0.3K tons)

Exports of Andalusite, Kyanite and Sillimanite in Japan

Andalusite, kyanite and sillimanite exports from Japan contracted remarkably to 55 tons in 2022, shrinking by -46.6% against 2021 figures. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, the exports attained the peak of 103 tons, and then fell dramatically in the following year.

In value terms, andalusite, kyanite and sillimanite exports contracted sharply to $48K in 2022. Overall, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of $109K, and then fell dramatically in the following year.

Export of Andalusite, Kyanite and Sillimanite in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China84.275.410748.1-17.0%
OthersN/AN/A2.1N/A0%
Total84.275.410948.1-17.0%

Top Export Markets for Andalusite, Kyanite and Sillimanite from Japan in 2022:

  1. China (55.0 tons)

Source: IndexBox Market Intelligence Platform

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