Price for Double or Complex Silicates in Slovenia - 2023

Price for Double or Complex Silicates in Slovenia (FOB) - 2023

In September 2023, the average double or complex silicates export price amounted to $2,018 per ton, surging by 44% against the previous month. Over the period under review, export price indicated pronounced growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, double or complex silicates export price increased by +43.8% against August 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($3,210 per ton), while the average price for exports to Turkey ($790 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Double or Complex Silicates in Slovenia (CIF) - 2022

In 2022, the average double or complex silicates import price amounted to $667 per ton, dropping by -17.6% against the previous year. In general, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 85%. As a result, import price reached the peak level of $2,040 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14,511 per ton), while the price for Bosnia and Herzegovina ($585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+40.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Double or Complex Silicates in Slovenia

In 2022, after three years of growth, there was decline in overseas shipments of double or complex silicates, when their volume decreased by -3% to 12K tons. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7.5% against the previous year.

In value terms, double or complex silicates exports surged to $11M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Double or Complex Silicates in Slovenia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2.2	3.3	2.1	4.9	30.6%
Austria	1.6	1.3	1.5	1.8	4.0%
Italy	0.6	0.8	1.2	1.3	29.4%
United States	0.3	0.1	0.3	1.1	54.2%
Turkey	0.6	0.7	0.8	1.0	18.6%
Brazil	0.4	0.3	0.3	0.3	-9.1%
India	0.2	0.2	1.0	0.3	14.5%
Others	0.8	0.2	0.7	0.4	-20.6%
Total	6.6	6.9	8.0	11.1	18.9%

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

Germany (4.4K tons)
Austria (3.4K tons)
Turkey (1.2K tons)
United States (1.1K tons)
Italy (0.9K tons)
Brazil (0.4K tons)
India (0.4K tons)

Imports of Double or Complex Silicates in Slovenia

In 2022, double or complex silicates imports into Slovenia surged to 5.5K tons, growing by 158% on 2021 figures. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, double or complex silicates imports soared to $3.7M in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 159% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Double or Complex Silicates in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bosnia and Herzegovina	415	281	1,179	3,076	95.0%
Germany	231	210	230	294	8.4%
Spain	25.2	83.3	219	179	92.2%
Others	103	91.4	97.3	118	4.6%
Total	775	666	1,726	3,667	67.9%