Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia (FOB) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia (CIF) - 2022
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $890 per ton, growing by 5.7% against the previous year. In general, the export price continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 145% against the previous year. Over the period under review, the average export prices hit record highs at $1,245 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to +121.4% per year.
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia (CIF) - 2022
In 2021, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $3,963 per ton, growing by 14% against the previous year. Over the period under review, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 79% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($6,426 per ton), while the price for the Netherlands ($534 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.5%), 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 Saudi Arabia
In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia exported from Saudi Arabia skyrocketed to 121 tons, jumping by 160% against 2021 figures. Overall, exports, however, recorded a slight curtailment.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $108K in 2022. Over the period under review, exports continue to indicate a buoyant expansion.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 34.4 | 30.5 | 23.6 | 108 | 46.4% |
| Oman | 57.1 | 97.1 | N/A | N/A | 70.1% |
| Germany | N/A | 45.5 | N/A | N/A | 0% |
| Others | N/A | 3.7 | 15.8 | N/A | 327.0% |
| Total | 91.6 | 177 | 39.4 | 108 | 5.6% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Saudi Arabia in 2022:
- United Arab Emirates (121.5 tons)
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia
In 2021, approx. 2.9K tons of silicates; commercial alkali metal silicates, other than of sodium or potassia were imported into Saudi Arabia; which is down by -7.6% against the year before. In general, imports recorded a abrupt curtailment.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia rose remarkably to $11M in 2021. The total import value increased at an average annual rate of +5.5% from 2020 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| China | 9.6 | 8.9 | -7.3% | ||
| Japan | N/A | 0.8 | 0% | ||
| Indonesia | 0.5 | 0.5 | 0.0% | ||
| Netherlands | N/A | 0.3 | 0% | ||
| Germany | 0.3 | N/A | 0% | ||
| Others | 0.5 | 1.0 | 100.0% | ||
| Total | 10.9 | 11.5 | 5.5% | ||
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Saudi Arabia in 2022:
- China (1437.9 tons)
- Netherlands (616.0 tons)
- Japan (124.3 tons)
- Indonesia (119.7 tons)
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