Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Australia - 2023

Contents:

1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Australia (CIF) - 2022
2. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Australia (FOB) - 2022
3. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Australia
4. Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Australia

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Australia (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $2,014 per ton, increasing by 36% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $2,076 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 ($4,710 per ton), while the price for New Zealand ($375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Australia (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $957 per ton in 2022, shrinking by -48.5% against the previous year. Over the period under review, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 an increase of 65%. The export price peaked at $2,815 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4,022 per ton), while the average price for exports to New Zealand ($636 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 Hong Kong SAR (+69.6%), while the prices for the other major destinations experienced a decline.

Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Australia

Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Australia skyrocketed to 1.8K tons in 2022, increasing by 21% compared with the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $3.6M in 2022. Overall, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Australia in 2022:

1. Malaysia (829.3 tons)
2. China (288.3 tons)
3. United States (167.5 tons)
4. Netherlands (164.5 tons)
5. United Kingdom (88.1 tons)
6. Germany (51.4 tons)
7. Taiwan (Chinese) (49.1 tons)
8. India (47.1 tons)
9. New Zealand (27.1 tons)

Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Australia

In 2022, overseas shipments of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -49.8% to 178 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 560% against the previous year. As a result, the exports reached the peak of 355 tons, and then shrank rapidly in the following year.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia contracted remarkably to $170K in 2022. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 336% against the previous year. As a result, the exports reached the peak of $660K, and then dropped sharply in the following year.

Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Australia in 2022:

1. New Zealand (143.2 tons)
2. Singapore (23.9 tons)
3. United Kingdom (8.2 tons)

Source: IndexBox Market Intelligence Platform