
France - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
France's Silicate Price Peaks at $648 per Ton, Fluctuating Wildly over 2022
France Silicates Import Price in September 2022
In September 2022, the silicates price stood at $648 per ton (CIF, France), with an increase of 5% against the previous month. In general, import price indicated a buoyant expansion from January 2022 to September 2022: its price increased at an average monthly rate of +14.6% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, silicates import price increased by +12.7% against April 2022 indices. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 133% month-to-month. The import price peaked in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Italy ($1,427 per ton), while the price for Belgium ($457 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Spain (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.
France Silicates Imports
After two months of decline, purchases abroad of silicates, commercial alkali metal silicates increased by 58% to 6K tons in September 2022. Overall, imports, however, recorded a abrupt decline. Imports peaked at 14K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.
In value terms, silicates imports surged to $3.9M (IndexBox estimates) in September 2022. In general, total imports indicated a notable expansion from January 2022 to September 2022: its value increased at an average monthly rate of +2.8% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +65.6% against August 2022 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
France Silicates Imports by Country
In September 2022, Spain (3.9K tons) constituted the largest silicates supplier to France, accounting for a 65% share of total imports. Moreover, silicates imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (956 tons), fourfold. The third position in this ranking was taken by Germany (457 tons), with a 7.6% share.
From January 2022 to September 2022, the average monthly growth rate of volume from Spain totaled -11.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (-1.2% per month) and Germany (+3.1% per month).
In value terms, Spain ($2M) constituted the largest supplier of silicates to France, comprising 52% of total imports. The second position in the ranking was held by Belgium ($437K), with an 11% share of total imports. It was followed by the Netherlands, with an 11% share.
From January 2022 to September 2022, the average monthly growth rate of value from Spain stood at +15.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (-4.6% per month) and the Netherlands (-1.6% per month).
This report provides an in-depth analysis of the silicates market in France. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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