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

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Hungary (CIF) - 2023
  2. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Hungary (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Hungary
  4. Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Hungary

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

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $922 per ton in October 2023, reducing by -46% against the previous month. Overall, the import price showed a mild shrinkage. The growth pace was the most rapid in September 2023 an increase of 62% m-o-m. As a result, import price attained the peak level of $1,709 per ton, and then reduced remarkably in the following month.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +5.0% per month.

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

In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $2,404 per ton, reducing by -5.8% against the previous year. Overall, the export price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 112%. As a result, the export price reached the peak level of $2,551 per ton, and then fell in the following year.

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 Romania ($3,458 per ton), while the average price for exports to Slovakia ($784 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 Romania (+31.4%), 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 Hungary

Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Hungary contracted markedly to 716 tons in 2022, falling by -29.9% on the year before. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 1K tons, and then reduced dramatically in the following year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $871K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% 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 +50.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic24024737841820.3%
Netherlands11464.613219519.6%
Germany12148.398.2115-1.7%
Italy75.087.011065.6-4.4%
China0.11.945.339.6634.3%
Belgium40.969.455.53.8-54.7%
Austria86.82.97.03.4-66.0%
Others12.859.933.930.333.3%
Total6905818598718.1%

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

  1. Czech Republic (476.4 tons)
  2. Germany (91.2 tons)
  3. Netherlands (83.0 tons)
  4. Italy (28.0 tons)
  5. China (25.3 tons)
  6. Belgium (2.2 tons)
  7. Austria (2.0 tons)

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

In 2022, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -43.8% to 31 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 96%.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell markedly to $75K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 167%. As a result, the exports reached the peak of $142K, and then contracted sharply in the following year.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia2.68.225.042.2153.2%
BulgariaN/AN/A1.412.5792.9%
Romania2.610.923.18.146.1%
Croatia4.45.611.02.1-21.9%
Montenegro5.58.312.81.9-29.8%
Czech RepublicN/A0.910.71.320.2%
AustriaN/A2.53.61.3-27.9%
Slovakia0.40.10.80.57.7%
NetherlandsN/A12.4N/AN/A0%
JapanN/AN/A47.4N/A0%
Others6.34.35.85.0-7.4%
Total21.753.114275.051.2%

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

  1. Georgia (19.0 tons)
  2. Bulgaria (5.9 tons)
  3. Romania (2.3 tons)
  4. Montenegro (0.9 tons)
  5. Slovakia (0.7 tons)
  6. Austria (0.6 tons)
  7. Croatia (0.6 tons)
  8. Czech Republic (0.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Hungary - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
$599
May 4, 2024
Eye 275

This report provides an in-depth analysis of the silicates market in Hungary.

Hungary - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 198

This report provides an in-depth analysis of the market for continuous-action elevators and conveyors in Hungary.

Hungary - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights
$599
May 15, 2024
Eye 262

This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type in Hungary.

World - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
$599
May 4, 2024
Eye 525

This report provides an in-depth analysis of the global silicates market.

World - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 379

This report provides an in-depth analysis of the global market for continuous-action elevators and conveyors.

World - Roller Conveyors For Goods Or Materials - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 309

Global Roller Conveyor Market Report 2018. This report provides an in-depth analysis of the global roller conveyor market.

World - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights
$599
May 15, 2024
Eye 259

This report provides an in-depth analysis of the global market for elevators and conveyors other than pneumatic, belt- or bucket-type.

Hungary - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
$599
May 4, 2024
Eye 275

This report provides an in-depth analysis of the silicates market in Hungary.

World - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
$599
May 4, 2024
Eye 525

This report provides an in-depth analysis of the global silicates market.

Free Data: Silicates; commercial alkali metal silicates, other than of sodium or potassium - Hungary