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

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,002 per ton, with a decrease of -2.5% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -9.9% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 39% against the previous year. The import price peaked at $1,112 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,565 per ton), while the price for Austria ($385 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.6%), 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 Italy (FOB) - 2022

In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $526 per ton, increasing by 19% against the previous year. Overall, the export price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $825 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($4,727 per ton), while the average price for exports to the Netherlands ($95 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 (+34.2%), 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 Italy

Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Italy fell to 4.4K tons in 2022, waning by -10.7% against 2021. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia contracted to $4.4M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports reached the peak of $5M, and then fell in the following year.

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

1. Germany (1227.2 tons)
2. Iran (711.0 tons)
3. Netherlands (565.2 tons)
4. Switzerland (499.8 tons)
5. Austria (338.6 tons)
6. Spain (246.9 tons)
7. France (240.5 tons)
8. Brazil (180.6 tons)
9. Belgium (142.6 tons)
10. Greece (110.9 tons)
11. China (82.9 tons)

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

In 2022, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -3% to 6.1K tons, falling for the second year in a row after two years of growth. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 6.3% against the previous year. As a result, the exports reached the peak of 6.7K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $3.2M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Netherlands (5.1K tons)
2. Slovenia (0.2K tons)
3. Israel (0.1K tons)
4. Mexico (0.1K tons)
5. Russia (0.1K tons)

Source: IndexBox Market Intelligence Platform