Price for Silicates; Commercial Alkali Metal Silicates in New Zealand - 2023

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $828 per ton, dropping by -3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 20%. The import price peaked at $874 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,285 per ton), while the price for Malaysia ($450 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for silicates; commercial alkali metal silicateses stood at $3,399 per ton in 2022, declining by -11.2% against the previous year. Over the period under review, the export price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 120% against the previous year. Over the period under review, the average export prices hit record highs at $5,526 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($9,846 per ton), while the average price for exports to Fiji ($755 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 Malaysia (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates in New Zealand

In 2022, approx. 4.3K tons of silicates; commercial alkali metal silicateses were imported into New Zealand; dropping by -2.7% compared with 2021. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% 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 +46.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, imports reached the peak of 4.5K tons, and then contracted in the following year.

In value terms, silicates; commercial alkali metal silicates imports contracted to $3.6M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, imports attained the peak of $3.8M, and then reduced in the following year.

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

1. Australia (3002.0 tons)
2. China (537.5 tons)
3. Malaysia (163.6 tons)
4. United States (160.8 tons)
5. Netherlands (149.0 tons)
6. Italy (97.4 tons)
7. Taiwan (Chinese) (69.2 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in New Zealand

After three years of growth, shipments abroad of silicates; commercial alkali metal silicateses decreased by -8.9% to 261 tons in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 13,508% against the previous year. As a result, the exports attained the peak of 287 tons, and then fell in the following year.

In value terms, silicates; commercial alkali metal silicates exports dropped markedly to $888K in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 29,842% against the previous year. As a result, the exports reached the peak of $1.1M, and then contracted rapidly in the following year.

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

1. Australia (235.9 tons)
2. Fiji (13.0 tons)
3. United Kingdom (6.4 tons)
4. Malaysia (1.8 tons)

Source: IndexBox Market Intelligence Platform