Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sweden - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sweden (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sweden (FOB) - 2023
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sweden
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sweden
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sweden (CIF) - 2022
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,217 per ton in 2022, approximately reflecting the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 decreased by -13.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 76%. The import price peaked at $1,407 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($2,677 per ton), while the price for Norway ($756 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+24.1%), 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 Sweden (FOB) - 2023
The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $3,035 per ton in October 2023, picking up by 124% against the previous month. Overall, the export price continues to indicate buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($6,078 per ton), while the average price for exports to Norway ($1,947 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+8.6%), 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 Sweden
In 2022, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Sweden surged to 2.4K tons, increasing by 45% against 2021. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $2.9M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Over the period under review, imports of reached the peak figure 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 Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 326 | 441 | 578 | 1,803 | 76.8% |
| Norway | 201 | 295 | 330 | 289 | 12.9% |
| Poland | 132 | 150 | 217 | 275 | 27.7% |
| Denmark | 9.4 | 103 | 400 | 222 | 186.9% |
| Netherlands | 177 | 73.2 | 86.4 | 60.2 | -30.2% |
| Others | 190 | 243 | 356 | 212 | 3.7% |
| Total | 1,036 | 1,305 | 1,967 | 2,861 | 40.3% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Sweden in 2022:
- Germany (1482.3 tons)
- Norway (382.8 tons)
- Denmark (201.3 tons)
- Poland (175.6 tons)
- Netherlands (34.8 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sweden
In 2022, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia from Sweden surged to 850 tons, picking up by 25% compared with 2021 figures. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia rose rapidly to $1.2M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 199 | 333 | 369 | 373 | 23.3% |
| India | 183 | 162 | 219 | 249 | 10.8% |
| Belgium | 0.5 | N/A | 1.3 | 202 | 639.3% |
| Denmark | 123 | 54.5 | 57.5 | 59.1 | -21.7% |
| Finland | 59.1 | 40.2 | 32.2 | 54.3 | -2.8% |
| Spain | 6.1 | 9.5 | 12.7 | 36.7 | 81.9% |
| Others | 173 | 360 | 398 | 275 | 16.7% |
| Total | 745 | 960 | 1,089 | 1,248 | 18.8% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Sweden in 2022:
- Norway (425.9 tons)
- Belgium (114.0 tons)
- India (107.8 tons)
- Finland (59.6 tons)
- Denmark (45.1 tons)
- Spain (16.8 tons)
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