Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Serbia - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Serbia (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Serbia (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Serbia
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Serbia
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Serbia (CIF) - 2022
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $3,012 per ton in 2022, jumping by 68% against the previous year. Overall, the import price enjoyed a temperate expansion. The import price peaked at $3,464 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,338 per ton), while the price for the Czech Republic ($1,156 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.6%), 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 Serbia (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $6,649 per ton, surging by 77% against the previous year. In general, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2013 when the average export price increased by 795%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($8,239 per ton), while the average price for exports to Russia ($1,639 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 North Macedonia (+139.1%), 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 Serbia
In 2022, after three years of growth, there was significant decline in purchases abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia, when their volume decreased by -58.4% to 44 tons. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 82%. As a result, imports reached the peak of 105 tons, and then declined rapidly in the following year.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia shrank rapidly to $131K in 2022. In general, imports showed a perceptible contraction. The growth pace was the most rapid in 2020 with an increase of 18%.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 52.5 | 103 | 17.9 | 38.9 | -9.5% |
| Germany | 40.0 | 27.3 | 80.2 | 18.7 | -22.4% |
| Brazil | 8.2 | 5.5 | 2.1 | 18.3 | 30.7% |
| Netherlands | 28.3 | 19.0 | 22.3 | 15.5 | -18.2% |
| United Kingdom | N/A | N/A | 5.2 | 13.6 | 161.5% |
| Greece | 2.0 | 2.9 | 1.5 | 8.5 | 62.0% |
| Czech Republic | 5.3 | 4.8 | 5.7 | 2.8 | -19.2% |
| Italy | 3.6 | 4.8 | 27.1 | 0.1 | -69.7% |
| Slovenia | N/A | N/A | 8.1 | N/A | 0% |
| Poland | 2.1 | 11.7 | 12.3 | N/A | 142.0% |
| Others | 10.8 | 1.4 | 5.5 | 15.1 | 11.8% |
| Total | 153 | 181 | 188 | 131 | -5.0% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Serbia in 2022:
- Germany (13.4 tons)
- Brazil (8.1 tons)
- Greece (7.1 tons)
- United States (4.7 tons)
- Netherlands (3.4 tons)
- Czech Republic (2.4 tons)
- United Kingdom (2.3 tons)
- Italy (0.1 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Serbia
In 2022, overseas shipments of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -71.8% to 8.2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a noticeable downturn. The growth pace was the most rapid in 2020 with an increase of 193%.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell significantly to $55K in 2022. Over the period under review, exports, however, posted a strong expansion. The growth pace was the most rapid in 2020 with an increase of 91% against the previous year.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 28.9 | 53.5 | 61.9 | 51.1 | 20.9% |
| Russia | 7.5 | 10.5 | 13.4 | 3.0 | -26.3% |
| Montenegro | 0.2 | 0.2 | 1.8 | 0.6 | 44.2% |
| Hungary | N/A | N/A | 5.1 | N/A | 0% |
| Slovenia | N/A | 6.0 | 3.9 | N/A | -35.0% |
| Portugal | N/A | N/A | 3.3 | N/A | 0% |
| Others | 0.2 | N/A | 20.3 | N/A | 907.5% |
| Total | 36.8 | 70.1 | 110 | 54.7 | 14.1% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Serbia in 2022:
- Bosnia and Herzegovina (6.2 tons)
- Russia (1.8 tons)
- Montenegro (0.2 tons)
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