Price for Andalusite, Kyanite and Sillimanite in Vietnam - 2021

Contents:

  1. Price for Andalusite, Kyanite and Sillimanite in Vietnam (CIF) - 2022
  2. Imports of Andalusite, Kyanite and Sillimanite in Vietnam

Price for Andalusite, Kyanite and Sillimanite in Vietnam (CIF) - 2022

In 2022, the average andalusite, kyanite and sillimanite import price amounted to $466 per ton, flattening at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 7.5% against the previous year. Over the period under review, average import prices attained the peak figure at $472 per ton in 2021, and then declined in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Africa ($536 per ton) and France ($532 per ton), while the price for India ($419 per ton) and China ($433 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.3%), while the prices for the other major suppliers experienced a decline.

Imports of Andalusite, Kyanite and Sillimanite in Vietnam

Andalusite, kyanite and sillimanite imports into Vietnam fell rapidly to 407 tons in 2022, with a decrease of -17.2% on 2021 figures. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% 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 +26.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports attained the peak of 491 tons, and then declined significantly in the following year.

In value terms, andalusite, kyanite and sillimanite imports fell notably to $190K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.8% 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 +28.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports reached the peak of $232K, and then contracted significantly in the following year.

Import of Andalusite, Kyanite and Sillimanite in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.819.051.357.357.0%
China11.47.841.646.459.7%
South Africa29.329.128.225.4-4.6%
France46.732.760.624.2-19.7%
India3.08.510.111.355.6%
Others46.350.340.125.0-18.6%
Total1521472321907.7%

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

  1. United States (132.3 tons)
  2. China (107.1 tons)
  3. South Africa (47.5 tons)
  4. France (45.6 tons)
  5. India (27.0 tons)

Source: IndexBox Market Intelligence Platform

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