Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel - 2023

Contents:

  1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel (CIF) - 2022
  2. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel (FOB) - 2022
  3. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel
  4. Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel (CIF) - 2022

The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $561 per ton in 2022, growing by 20% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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; of sodium (excluding sodium metasilicates)s increased by +60.1% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 26% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($561 per ton) and the United States ($561 per ton), while the price for China ($561 per ton) and the UK ($561 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel (FOB) - 2022

In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $556 per ton, growing by 43% against the previous year. Overall, the export price recorded a measured expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($556 per ton), while the average price for exports to Italy ($556 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.1%).

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel

In 2022, approx. 2.4K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Israel; declining by -6.5% on 2021 figures. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 0.5%.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s expanded remarkably to $1.4M in 2022. Over the period under review, imports recorded a pronounced setback.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain23525022059936.6%
United States194214192185-1.6%
Turkey8.041.038.0159170.9%
Germany303429279121-26.4%
Netherlands38.01.07.010138.5%
PolandN/AN/AN/A78.00%
Thailand32.09.032.040.07.7%
China21593.0N/A19.0-55.5%
Singapore40319.0371N/A-4.1%
Others74.075.069.054.0-10.0%
Total1,5021,1311,2081,356-3.4%

Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Israel in 2022:

  1. Spain (1067.8 tons)
  2. United States (329.8 tons)
  3. Turkey (283.4 tons)
  4. Germany (215.7 tons)
  5. Netherlands (180.0 tons)
  6. Poland (139.0 tons)
  7. Thailand (71.3 tons)
  8. China (33.9 tons)

Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel

Exports of silicates; of sodium (excluding sodium metasilicates)s from Israel surged to 74 tons in 2022, picking up by 2,769% against 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $41K in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Israel (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
ItalyN/A29.00%
PhilippinesN/A11.00%
United StatesN/A1.00%
Palestine1.0N/A0%
OthersN/AN/A0%
Total1.041.04000.0%

Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Israel in 2022:

  1. Italy (52.1 tons)
  2. Philippines (19.8 tons)
  3. United States (1.8 tons)

Source: IndexBox Market Intelligence Platform

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