Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Greece - 2023

Contents:

1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Greece (CIF) - 2022
2. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Greece (FOB) - 2022
3. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Greece
4. Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Greece

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Greece (CIF) - 2022

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,654 per ton in 2022, surging by 40% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,858 per ton), while the price for the Netherlands ($945 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Greece (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,451 per ton in 2022, picking up by 13% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 365% against the previous year. Over the period under review, the average export prices hit record highs at $1,516 per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were North Macedonia ($1,675 per ton) and Albania ($1,509 per ton), while the average price for exports to Romania ($1,345 per ton) and Qatar ($1,411 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Greece

After three years of growth, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -27.8% to 418 tons in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of 578 tons, and then reduced markedly in the following year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia reached $691K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Greece in 2022:

1. Spain (354.2 tons)
2. United States (23.0 tons)
3. Germany (18.0 tons)
4. Netherlands (14.3 tons)
5. Poland (2.2 tons)

Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Greece

In 2022, after two years of decline, there was significant growth in shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia, when their volume increased by 51% to 32 tons. Over the period under review, exports, however, faced a precipitous contraction.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $47K in 2022. Overall, exports saw a buoyant expansion.

Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Greece in 2022:

1. Qatar (20.1 tons)
2. Albania (9.4 tons)
3. North Macedonia (1.6 tons)
4. Romania (1.1 tons)

Source: IndexBox Market Intelligence Platform