Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden (FOB) - 2023
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $478 per ton in 2022, picking up by 55% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 +80.8% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($570 per ton), while the price for Germany ($456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden (FOB) - 2023
In September 2023, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $671 per ton, surging by 48% against the previous month. Over the period under review, export price indicated a measured increase from October 2022 to September 2023: its price increased at an average monthly rate of +4.9% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for silicates; of sodium (excluding sodium metasilicates)s increased by +63.2% against July 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 55% against the previous month. Over the period under review, the average export prices reached the peak figure in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Chile ($2,869 per ton), while the average price for exports to Norway totaled $406 per ton.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.4%).
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden
Imports of silicates; of sodium (excluding sodium metasilicates)s into Sweden surged to 30K tons in 2022, increasing by 26% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $14M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.6 | 3.3 | 3.8 | 7.9 | 44.8% |
| Germany | 3.9 | 4.4 | 3.0 | 5.6 | 12.8% |
| Netherlands | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Total | 6.9 | 8.3 | 7.3 | 14.2 | 27.2% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Sweden in 2022:
- Poland (16.7K tons)
- Germany (12.3K tons)
- Netherlands (0.6K tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden
For the third consecutive year, Sweden recorded decline in shipments abroad of silicates; of sodium (excluding sodium metasilicates)s, which decreased by -14.7% to 6.6K tons in 2022. Over the period under review, exports showed a abrupt slump. The smallest decline of -2.1% was in 2021.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s rose modestly to $2.9M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 5.6% against the previous year.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.4 | 2.3 | 2.5 | 2.5 | 1.4% |
| Chile | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Russia | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
| Total | 3.0 | 2.7 | 2.8 | 2.9 | -1.1% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Sweden in 2022:
- Norway (6.4K tons)
- Chile (0.1K tons)
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