Price for Silicates; Commercial Alkali Metal Silicates in Belarus - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Belarus (FOB) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Belarus (CIF) - 2022
  3. Exports of Silicates; Commercial Alkali Metal Silicates in Belarus
  4. Imports of Silicates; Commercial Alkali Metal Silicates in Belarus

Price for Silicates; Commercial Alkali Metal Silicates in Belarus (FOB) - 2022

The average export price for silicates; commercial alkali metal silicateses stood at $335 per ton in 2022, surging by 37% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates export price increased by +25.0% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($340 per ton), while the average price for exports to Ukraine amounted to $276 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.3%).

Price for Silicates; Commercial Alkali Metal Silicates in Belarus (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $892 per ton, growing by 10% against the previous year. Over the period under review, the import price showed noticeable growth. The most prominent rate of growth was recorded in 2013 an increase of 91%. As a result, import price attained the peak level of $1,392 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 the United States ($4,250 per ton), while the price for China ($513 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Silicates; Commercial Alkali Metal Silicates in Belarus

In 2022, shipments abroad of silicates; commercial alkali metal silicateses decreased by -19.6% to 26K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 5.1% against the previous year. As a result, the exports reached the peak of 36K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, silicates; commercial alkali metal silicates exports expanded notably to $8.9M in 2022. In general, exports continue to indicate a mild shrinkage.

Export of Silicates; Commercial Alkali Metal Silicates in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8.68.17.08.2-1.6%
Ukraine0.40.40.60.614.5%
Others0.20.30.5N/A58.1%
Total9.28.88.18.9-1.1%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Belarus in 2022:

  1. Russia (24.2K tons)
  2. Ukraine (2.1K tons)

Imports of Silicates; Commercial Alkali Metal Silicates in Belarus

In 2022, overseas purchases of silicates; commercial alkali metal silicateses decreased by -31.6% to 1.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, silicates; commercial alkali metal silicates imports fell dramatically to $1M in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Silicates; Commercial Alkali Metal Silicates in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine597735611409-11.8%
Russia278439323219-7.6%
Netherlands274210114126-22.8%
United States1712488.890.2-19.2%
Germany11996.078.061.7-19.7%
Poland62.911069.951.1-6.7%
China31.621.512.013.7-24.3%
Others41.290.411332.3-7.8%
Total1,5751,9511,3301,003-14.0%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Belarus in 2022:

  1. Ukraine (553.5 tons)
  2. Russia (309.5 tons)
  3. Poland (78.4 tons)
  4. Germany (66.9 tons)
  5. Netherlands (56.4 tons)
  6. China (26.7 tons)
  7. United States (21.2 tons)

Source: IndexBox Market Intelligence Platform

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