China - Double Or Complex Silicates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 2, 2024

China - Double Or Complex Silicates - Market Analysis, Forecast, Size, Trends And Insights

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Price for Double or Complex Silicates in China - 2023

Contents:

  1. Price for Double or Complex Silicates in China (CIF) - 2023
  2. Price for Double or Complex Silicates in China (FOB) - 2022
  3. Imports of Double or Complex Silicates in China
  4. Exports of Double or Complex Silicates in China

Price for Double or Complex Silicates in China (CIF) - 2023

In September 2023, the average double or complex silicates import price amounted to $2,831 per ton, with an increase of 4.7% against the previous month. In general, the import price, however, showed a abrupt downturn. The growth pace was the most rapid in February 2023 when the average import price increased by 90% m-o-m. Over the period under review, average import prices hit record highs at $8,655 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($15,140 per ton), while the price for India ($1,046 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+3.5%), while the prices for the other major suppliers experienced a decline.

Price for Double or Complex Silicates in China (FOB) - 2022

In 2022, the average double or complex silicates export price amounted to $1,145 per ton, growing by 3.7% against the previous year. In general, the export price recorded buoyant growth. The growth pace was the most rapid in 2020 an increase of 43% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,024 per ton), while the average price for exports to Russia ($324 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 Italy (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Double or Complex Silicates in China

After three years of growth, purchases abroad of double or complex silicates decreased by -12.9% to 9.7K tons in 2022. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18%.

In value terms, double or complex silicates imports declined to $30M in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 8.8%.

Import of Double or Complex Silicates in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.47.67.57.016.7%
India4.25.26.46.012.6%
Italy3.14.25.85.722.5%
Japan3.03.04.13.66.3%
TurkeyN/A0.52.22.4119.1%
Thailand1.20.91.02.120.5%
United States1.93.61.81.0-19.3%
France17.00.40.20.3-74.0%
Others3.03.22.21.6-18.9%
Total37.728.631.129.8-7.5%

Top Suppliers of Double or Complex Silicates to China in 2022:

  1. France (undefinedK tons)
  2. Italy (6.2K tons)
  3. India (1.8K tons)
  4. Germany (0.7K tons)
  5. Turkey (0.3K tons)
  6. Thailand (0.2K tons)
  7. United States (0.1K tons)
  8. Japan (0.1K tons)

Exports of Double or Complex Silicates in China

For the third consecutive year, China recorded decline in overseas shipments of double or complex silicates, which decreased by -64.5% to 725 tons in 2022. Overall, exports showed a sharp descent. The smallest decline of -22.3% was in 2021.

In value terms, double or complex silicates exports dropped remarkably to $830K in 2022. Over the period under review, exports saw a precipitous shrinkage. The smallest decline of -5.4% was in 2021.

Export of Double or Complex Silicates in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea666326331220-30.9%
Malaysia42.595.399.514650.9%
Germany579N/A257137-38.1%
United Kingdom0.227.948.990.6668.0%
Italy95.385.217370.8-9.4%
Vietnam1,22769.171.824.7-72.8%
New Zealand0.144.832.324.6526.6%
United States74.112170.224.5-30.9%
Canada4.87.7N/A9.826.9%
RussiaN/A21.61979.8-32.6%
United Arab Emirates234N/AN/AN/A0%
Myanmar2,202N/AN/AN/A0%
Turkey59.3880311N/A129.0%
Others56470666571.9-49.7%
Total5,7482,3842,256830-47.5%

Top Export Markets for Double or Complex Silicates from China in 2022:

  1. South Korea (301.0 tons)
  2. Malaysia (99.0 tons)
  3. United Kingdom (89.8 tons)
  4. Vietnam (67.7 tons)
  5. Russia (30.1 tons)
  6. New Zealand (27.5 tons)
  7. Germany (27.3 tons)
  8. Canada (25.4 tons)
  9. United States (21.5 tons)
  10. Italy (15.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for double or complex silicates in China. 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.

Product coverage:

  • Prodcom 20136270 - Double or complex silicates

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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