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📦 Leucite; nepheline and nepheline syenite

Leucite; nepheline and nepheline syenite

HS Code:

📦

Overview

Leucite, nepheline, and nepheline syenite (HS Code: 2529.30) are feldspathoid minerals used primarily in the production of ceramics, glass, and as a source of alumina and alkali in various industrial applications. These minerals serve as alternatives to feldspar in reducing the melting temperature of ceramic and glass mixtures, enhancing production efficiency. They are also utilized in the manufacture of specialty products and as raw materials in the chemical industry.

Total Trade Volume

Approximately 1.2 million metric tons

Data from 2022

Source

United Nations Comtrade Database and International Trade Centre (ITC)

Tariff Analysis

Average Rate

3.5% ad valorem

Highest Rate

8% (applied by certain developing countries)

Lowest Rate

0% (under free trade agreements like EU-Canada CETA)

Common Restrictions

  • Import quotas in some Asian markets
  • Environmental regulations on mining and processing
  • Export licensing requirements in producing countries

Market Trends

Rising demand in ceramics and glass industries

Increased production and export from key suppliers like Canada and Turkey due to growth in construction and automotive sectors

2021-2022

Shift towards sustainable mining practices

Higher operational costs for producers but improved market access in eco-conscious regions like the EU

2020-2022

Geopolitical disruptions affecting supply chains

Sanctions and trade barriers on Russian exports have led to supply shortages and price volatility

2022

Recent Developments

New Mining Project in Canada

A major nepheline syenite mining project was approved in Ontario, Canada, expected to boost export capacity by 20%.

March 2023

Strengthens Canada’s position as the leading exporter and may stabilize global prices.

EU Tariff Reductions

The European Union reduced tariffs on nepheline imports from Canada under the CETA agreement, promoting trade.

January 2023

Increased imports to the EU, benefiting Canadian exporters and European manufacturers.

Russia-Ukraine Conflict Impact

Sanctions on Russian exports due to the ongoing conflict have disrupted nepheline syenite supply to Eastern Europe.

February 2022 - ongoing

Supply chain disruptions and higher prices for European buyers, prompting sourcing from alternative suppliers.