Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan (FOB) - 2023
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan (CIF) - 2023
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan (FOB) - 2023
The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $6,869 per ton in November 2023, increasing by 18% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 49% m-o-m. The export price peaked in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($13,258 per ton), while the average price for exports to the Philippines ($2,599 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan (CIF) - 2023
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,677 per ton in November 2023, shrinking by -10.8% against the previous month. Over the period under review, the import price recorded a slight descent. The growth pace was the most rapid in September 2023 an increase of 33% m-o-m. Over the period under review, average import prices reached the maximum at $1,971 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,476 per ton), while the price for Taiwan (Chinese) ($1,063 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan
In 2022, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia from Japan shrank to 2.7K tons, declining by -11.1% against 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of 3K tons, and then contracted in the following year.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia reduced to $15M in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. As a result, the exports reached the peak of $18M, and then dropped in the following year.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.2 | 2.9 | 5.4 | 5.1 | 16.8% |
| South Korea | 2.6 | 2.3 | 2.4 | 2.1 | -6.9% |
| Thailand | 1.4 | 1.1 | 2.3 | 2.0 | 12.6% |
| United States | 2.3 | 1.2 | 2.3 | 1.4 | -15.3% |
| China | 0.8 | 0.7 | 0.9 | 1.1 | 11.2% |
| India | 0.3 | 0.1 | 0.3 | 0.6 | 26.0% |
| Vietnam | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| Philippines | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Taiwan (Chinese) | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| Indonesia | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| United Arab Emirates | 1.1 | 1.5 | 1.1 | N/A | 0.0% |
| Others | 1.0 | 1.1 | 1.7 | 1.3 | 9.1% |
| Total | 13.7 | 12.3 | 18.0 | 15.3 | 3.8% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Japan in 2022:
- Thailand (692.4 tons)
- South Korea (437.3 tons)
- Poland (405.4 tons)
- China (198.7 tons)
- United States (165.1 tons)
- Philippines (157.3 tons)
- Vietnam (135.8 tons)
- Indonesia (123.8 tons)
- Taiwan (Chinese) (92.0 tons)
- India (78.3 tons)
- United Arab Emirates (5.0 tons)
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan
In 2022, approx. 3.5K tons of silicates; commercial alkali metal silicates, other than of sodium or potassia were imported into Japan; shrinking by -33.7% against 2021. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports attained the peak of 5.3K tons, and then contracted sharply in the following year.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell to $5.6M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, imports reached the peak of $6.4M, and then fell in the following year.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,737 | 2,267 | 3,598 | 2,991 | 3.0% |
| Taiwan (Chinese) | 470 | 496 | 487 | 575 | 7.0% |
| Belgium | 546 | 341 | 560 | 520 | -1.6% |
| Netherlands | 258 | 294 | 604 | 507 | 25.3% |
| United States | 390 | 499 | 449 | 471 | 6.5% |
| Germany | 290 | 218 | 344 | 241 | -6.0% |
| South Korea | 113 | 75.6 | 92.9 | 137 | 6.6% |
| Others | 138 | 153 | 237 | 121 | -4.3% |
| Total | 4,941 | 4,344 | 6,371 | 5,563 | 4.0% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Japan in 2022:
- China (2322.2 tons)
- Taiwan (Chinese) (549.2 tons)
- Netherlands (210.0 tons)
- Germany (117.5 tons)
- Belgium (108.8 tons)
- South Korea (90.2 tons)
- United States (74.9 tons)
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