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

Contents:

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

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

The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $673 per ton in 2022, growing by 9% against the previous year. Overall, import price indicated a moderate 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; of sodium (excluding sodium metasilicates)s increased by +57.1% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 102%. As a result, import price reached the peak level of $693 per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 Germany ($1,383 per ton), while the price for Austria ($288 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $4,363 per ton in 2022, with an increase of 67% against the previous year. Overall, the export price, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2019 an increase of 152%. The export price peaked at $9,267 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($7,981 per ton), while the average price for exports to Turkey ($146 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 Hungary (+1.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 738 tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Slovakia; reducing by -28.9% against the previous year. Over the period under review, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 4.7% against the previous year.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s contracted remarkably to $497K in 2022. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 18%.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany390341452257-13.0%
Austria20112095.2122-15.3%
Netherlands47.3N/A17.851.22.7%
SloveniaN/AN/A47.731.1-34.8%
Czech Republic26.031.725.925.2-1.0%
Poland0.10.10.75.5280.3%
United KingdomN/A49.7N/AN/A0%
Others4.31.31.55.37.2%
Total668544641497-9.4%

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

  1. Austria (422.7 tons)
  2. Germany (185.6 tons)
  3. Netherlands (41.2 tons)
  4. Slovenia (38.0 tons)
  5. Czech Republic (36.5 tons)
  6. Poland (11.1 tons)

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

In 2022, shipments abroad of silicates; of sodium (excluding sodium metasilicates)s increased by 632% to 63 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a remarkable increase. 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 $273K in 2022. Overall, exports continue to indicate a mild increase. 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 Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia14.2N/AN/A256162.2%
United KingdomN/AN/A8.011.442.5%
Hungary5.58.52.33.1-17.4%
Czech Republic2.01.00.81.6-7.2%
Romania1.40.40.60.7-20.6%
TurkeyN/AN/AN/A0.20%
Moldova2427.5N/AN/A-96.9%
OthersN/A0.410.80.732.3%
Total26517.822.42731.0%

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

  1. Russia (52.6 tons)
  2. Hungary (3.3 tons)
  3. Czech Republic (2.4 tons)
  4. United Kingdom (1.4 tons)
  5. Turkey (1.3 tons)
  6. Romania (0.8 tons)

Source: IndexBox Market Intelligence Platform

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