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

Contents:

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

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

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $685 per ton in 2022, flattening at the previous year. Over the period under review, the import price recorded a perceptible descent. The pace of growth was the most pronounced in 2021 an increase of 27%. Over the period under review, average import prices reached the peak figure at $997 per ton in 2013; however, from 2014 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 ($2,766 per ton), while the price for China ($455 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $2,245 per ton, surging by 261% against the previous year. In general, the export price enjoyed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,361 per ton), while the average price for exports to Djibouti ($352 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 Cabo Verde (+32.5%), 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 Portugal

Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Portugal expanded markedly to 2.1K tons in 2022, surging by 6.8% against the previous year. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 9.1%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia rose markedly to $1.4M in 2022. The total import value increased at an average annual rate of +6.7% 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 with an increase of 38% against the previous year. Imports peaked 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25326033463535.9%
Spain278253425241-4.6%
Netherlands1151771811293.9%
PakistanN/AN/AN/A76.10%
Germany39.974.772.274.823.3%
Italy18091.833.644.9-37.1%
Others298103281213-10.6%
Total1,1669601,3261,4156.7%

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

  1. China (1394.7 tons)
  2. Spain (454.2 tons)
  3. Pakistan (63.7 tons)
  4. Netherlands (46.8 tons)
  5. Germany (39.2 tons)
  6. Italy (25.2 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia, when their volume decreased by -33.3% to 289 tons. In general, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when exports increased by 52%. As a result, the exports reached the peak of 433 tons, and then contracted remarkably in the following year.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $649K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A7.416.0437668.5%
Spain99.212620517821.5%
DjiboutiN/AN/AN/A5.70%
LithuaniaN/AN/A8.05.5-31.3%
Others28.010.540.723.1-6.2%
Total12714426964972.2%

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

  1. Spain (212.9 tons)
  2. United States (46.7 tons)
  3. Djibouti (16.3 tons)
  4. Lithuania (6.3 tons)

Source: IndexBox Market Intelligence Platform

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