Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan (FOB) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan (CIF) - 2022
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,019 per ton, jumping by 61% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,063 per ton), while the average price for exports to Bangladesh ($732 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 Bangladesh (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $3,544 per ton, jumping by 27% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 increased by +92.6% against 2015 indices. The growth pace was the most rapid in 2018 an increase of 63% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,000 per ton), while the price for China ($2,534 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+26.0%), 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 Pakistan
In 2022, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia was finally on the rise to reach 947 tons after two years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $965K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 299 | 345 | 331 | 837 | 40.9% |
| Portugal | N/A | N/A | N/A | 72.8 | 0% |
| Bangladesh | 32.2 | 63.9 | 97.2 | 54.9 | 19.5% |
| Canada | 194 | N/A | N/A | N/A | 0% |
| Others | 9.1 | 6.4 | N/A | N/A | -29.7% |
| Total | 534 | 415 | 428 | 965 | 21.8% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Pakistan in 2022:
- Turkey (787.8 tons)
- Portugal (83.9 tons)
- Bangladesh (75.0 tons)
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan
In 2022, approx. 202 tons of silicates; commercial alkali metal silicates, other than of sodium or potassia were imported into Pakistan; shrinking by -27.2% on the previous year. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 59%. As a result, imports attained the peak of 278 tons, and then shrank rapidly in the following year.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell to $718K in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $778K, and then contracted in the following year.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | 47.4 | 176 | 271.3% |
| China | 233 | 112 | 255 | 113 | -21.4% |
| India | 22.1 | 42.1 | 40.6 | 98.5 | 64.6% |
| Turkey | 44.4 | 14.0 | 21.9 | 48.9 | 3.3% |
| Germany | 69.9 | 7.2 | 57.0 | 34.1 | -21.3% |
| Austria | N/A | N/A | N/A | 33.0 | 0% |
| Taiwan (Chinese) | N/A | 55.3 | N/A | 25.9 | -31.6% |
| United Kingdom | 71.8 | 40.7 | 15.2 | 15.4 | -40.1% |
| Japan | 81.5 | 98.7 | 36.2 | 1.0 | -76.9% |
| Spain | N/A | N/A | 72.0 | N/A | 0% |
| Netherlands | 75.6 | 22.2 | 61.0 | N/A | -10.2% |
| Australia | 28.9 | 58.2 | 28.5 | N/A | -0.7% |
| Others | 46.7 | 88.6 | 143 | 172 | 54.4% |
| Total | 674 | 539 | 778 | 718 | 2.1% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Pakistan in 2022:
- Malaysia (50.2 tons)
- China (44.6 tons)
- India (24.6 tons)
- Turkey (14.5 tons)
- Germany (10.4 tons)
- Austria (9.6 tons)
- Taiwan (Chinese) (7.6 tons)
- United Kingdom (4.5 tons)
- Japan (0.3 tons)
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