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

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,873 per ton, declining by -13.4% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -30.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 63% against the previous year. As a result, import price attained the peak level of $2,697 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 India ($27,000 per ton), while the price for Malaysia ($450 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+190.6%), 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 New Zealand (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $4,107 per ton in 2022, picking up by 2.7% against the previous year. In general, the export price posted a resilient increase. The growth pace was the most rapid in 2017 an increase of 99%. The export price peaked at $6,384 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($18,485 per ton), while the average price for exports to Fiji ($1,707 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 the UK (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into New Zealand dropped to 588 tons in 2022, waning by -13.4% on 2021. In general, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports attained the peak of 680 tons, and then declined in the following year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia reduced rapidly to $1.1M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. As a result, imports reached the peak of $1.5M, and then declined dramatically in the following year.

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

1. Malaysia (163.6 tons)
2. Australia (106.3 tons)
3. Italy (96.0 tons)
4. Taiwan (Chinese) (68.9 tons)
5. United States (63.7 tons)
6. Turkey (31.5 tons)
7. China (29.3 tons)

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

In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia exported from New Zealand shrank dramatically to 148 tons, falling by -45.4% against the previous year. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 970,129% against the previous year. As a result, the exports reached the peak of 272 tons, and then reduced rapidly in the following year.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia dropped dramatically to $609K in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,324,313%. As a result, the exports attained the peak of $1.1M, and then shrank remarkably in the following year.

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

1. Australia (134.5 tons)
2. United Kingdom (6.5 tons)
3. Fiji (3.8 tons)

Source: IndexBox Market Intelligence Platform