Price for Silicates; Commercial Alkali Metal Silicates in Belgium - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Belgium (FOB) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Belgium (CIF) - 2023
- Exports of Silicates; Commercial Alkali Metal Silicates in Belgium
- Imports of Silicates; Commercial Alkali Metal Silicates in Belgium
Price for Silicates; Commercial Alkali Metal Silicates in Belgium (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $786 per ton, picking up by 18% against the previous year. Over the period under review, the export price recorded modest growth. The growth pace was the most rapid in 2013 when the average export price increased by 116% against the previous year. Over the period under review, the average export prices reached the maximum at $2,472 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,171 per ton), while the average price for exports to Cote d'Ivoire ($398 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 France (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in Belgium (CIF) - 2023
The average import price for silicates; commercial alkali metal silicateses stood at $621 per ton in August 2023, which is down by -16% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 370% m-o-m. As a result, import price attained the peak level of $963 per ton. From May 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($1,775 per ton), while the price for Germany ($392 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; Commercial Alkali Metal Silicates in Belgium
In 2022, approx. 49K tons of silicates; commercial alkali metal silicateses were exported from Belgium; declining by -11.9% compared with 2021. Overall, exports recorded a mild decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of 56K tons, and then declined in the following year.
In value terms, silicates; commercial alkali metal silicates exports rose slightly to $39M in 2022. The total export value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Silicates; Commercial Alkali Metal Silicates in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.1 | 5.8 | 7.0 | 9.1 | 14.3% |
| France | 4.8 | 4.9 | 4.4 | 6.1 | 8.3% |
| Netherlands | 4.5 | 4.0 | 5.3 | 5.7 | 8.2% |
| United States | 2.4 | 2.2 | 4.0 | 3.6 | 14.5% |
| Turkey | 1.1 | 1.9 | 2.1 | 2.5 | 31.5% |
| Italy | 1.9 | 1.8 | 2.7 | 2.3 | 6.6% |
| United Kingdom | 1.0 | 1.2 | 1.0 | 1.2 | 6.3% |
| Austria | 0.8 | 0.7 | 0.9 | 0.9 | 4.0% |
| Spain | 0.6 | 0.5 | 0.5 | 0.8 | 10.1% |
| Cote d'Ivoire | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
| Ghana | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Others | 7.5 | 7.7 | 8.7 | 5.9 | -7.7% |
| Total | 31.0 | 30.8 | 37.1 | 38.7 | 7.7% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Belgium in 2022:
- Germany (12.8K tons)
- France (10.0K tons)
- Netherlands (6.9K tons)
- United States (3.3K tons)
- Turkey (2.8K tons)
- Italy (1.9K tons)
- United Kingdom (1.4K tons)
- Cote d'Ivoire (1.1K tons)
- Ghana (0.8K tons)
- Austria (0.8K tons)
- Spain (0.8K tons)
Imports of Silicates; Commercial Alkali Metal Silicates in Belgium
In 2022, the amount of silicates; commercial alkali metal silicateses imported into Belgium reduced slightly to 68K tons, stabilizing at the previous year. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 67%. As a result, imports attained the peak of 69K tons, and then shrank modestly in the following year.
In value terms, silicates; commercial alkali metal silicates imports surged to $24M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.6 | 4.8 | 8.2 | 11.2 | 19.3% |
| Poland | 3.3 | 2.8 | 2.8 | 6.1 | 22.7% |
| Netherlands | 3.8 | 3.0 | 4.5 | 4.3 | 4.2% |
| France | 0.5 | 1.3 | 1.3 | 0.5 | 0.0% |
| China | 1.5 | 1.6 | 0.7 | 0.3 | -41.5% |
| Others | 1.7 | 1.8 | 1.7 | 2.1 | 7.3% |
| Total | 17.4 | 15.4 | 19.2 | 24.5 | 12.1% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Belgium in 2022:
- Germany (50.2K tons)
- Poland (10.1K tons)
- Netherlands (4.9K tons)
- France (1.0K tons)
- China (0.2K tons)
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