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

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Austria (CIF) - 2023
  2. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Austria (FOB) - 2023
  3. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Austria
  4. Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Austria

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Austria (CIF) - 2023

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,273 per ton in October 2023, rising by 10% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 49% month-to-month. As a result, import price attained the peak level of $1,936 per ton. From February 2023 to October 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +1.7% per month.

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Austria (FOB) - 2023

In October 2023, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $115K per ton, picking up by 13,720% against the previous month. Overall, the export price saw a significant expansion. As a result, the export price attained 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 the United States ($3.3M per ton), while the average price for exports to Liechtenstein ($2,648 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+825.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -12.4% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 112%. As a result, imports reached the peak of 4.4K tons, and then declined in the following year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $4.4M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4835312,4372,31768.7%
Poland54860676392218.9%
Switzerland3193762454007.8%
Netherlands36.7237442390119.9%
Belgium26.5203258250111.3%
FinlandN/A16.985.658.285.6%
Others48979.288.826.9-62.0%
Total1,9022,0494,3194,36331.9%

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

  1. Germany (2630.6 tons)
  2. Poland (694.1 tons)
  3. Switzerland (287.6 tons)
  4. Netherlands (98.2 tons)
  5. Belgium (86.5 tons)
  6. Finland (58.9 tons)

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

In 2022, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -28.4% to 2.7K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 63%.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $2.8M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 48%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia7279521,1421,73633.7%
Italy63.480.398.541186.5%
Poland2363081802410.7%
Germany16.821441112394.2%
Hungary9.524.737.3102120.6%
Others97.212732723434.0%
Total1,1501,7052,1962,84835.3%

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

  1. Slovenia (1883.9 tons)
  2. Italy (257.6 tons)
  3. Germany (232.2 tons)
  4. Poland (124.9 tons)
  5. Hungary (86.3 tons)

Source: IndexBox Market Intelligence Platform

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