Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Switzerland - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Switzerland (FOB) - 2023
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Switzerland (CIF) - 2022
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Switzerland
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Switzerland
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Switzerland (FOB) - 2023
The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,989 per ton in November 2023, declining by -11.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 45% m-o-m. As a result, the export price reached the peak level of $2,284 per ton. From September 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was India ($3,161 per ton), while the average price for exports to Italy ($1,287 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.9%), 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 Switzerland (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,500 per ton, remaining stable against the previous year. Overall, the import price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2016 an increase of 39%. As a result, import price reached the peak level of $4,236 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,039 per ton), while the price for Bosnia and Herzegovina ($313 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced a decline.
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Switzerland
Exports of silicates; commercial alkali metal silicates, other than of sodium or potassia from Switzerland shrank slightly to 8K tons in 2022, waning by -4.7% against the previous year. Overall, exports showed a abrupt decline.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $12M in 2022. In general, exports, however, posted a significant increase. As a result, the exports reached 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 Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 4,941 | 5,036 | 6,120 | 11.3% | |
| Austria | 382 | 289 | 966 | 59.0% | |
| India | 6.2 | 8.2 | 735 | 988.8% | |
| Netherlands | 3.8 | 14.2 | 563 | 1117.2% | |
| France | 2.6 | 61.4 | 546 | 1349.1% | |
| Belgium | 0.8 | 0.9 | 484 | 2359.7% | |
| United Kingdom | 17.7 | 498 | 381 | 364.0% | |
| Italy | 520 | 601 | 377 | -14.9% | |
| Poland | 168 | 180 | 285 | 30.2% | |
| Romania | N/A | N/A | 272 | 0% | |
| Colombia | 102 | 151 | 188 | 35.8% | |
| Others | 724 | 551 | 868 | 9.5% | |
| Total | 6,867 | 7,391 | 11,783 | 31.0% | |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Switzerland in 2022:
- Germany (4877.4 tons)
- Austria (514.5 tons)
- France (497.6 tons)
- Netherlands (332.4 tons)
- Belgium (316.4 tons)
- Italy (240.0 tons)
- India (172.5 tons)
- United Kingdom (169.3 tons)
- Romania (157.9 tons)
- Colombia (135.7 tons)
- Poland (130.6 tons)
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Switzerland
For the fourth year in a row, Switzerland recorded growth in purchases abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia, which increased by 16% to 3.5K tons in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 163% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia reached $5.3M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | 1,161 | 1,607 | 38.4% |
| Poland | N/A | 427 | 411 | 1,330 | 76.5% |
| Spain | N/A | 9.6 | 869 | 857 | 844.8% |
| Germany | 689 | 1,429 | 707 | 723 | 1.6% |
| China | 5.3 | 5.9 | 7.7 | 372 | 312.5% |
| United States | 759 | 328 | 369 | 192 | -36.8% |
| Denmark | 3.3 | N/A | 309 | 93.5 | 204.9% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 29.3 | 0% |
| Vietnam | N/A | N/A | 158 | N/A | 0% |
| Others | 216 | 431 | 629 | 103 | -21.9% |
| Total | 1,672 | 2,630 | 4,621 | 5,307 | 47.0% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Switzerland in 2022:
- Ukraine (1155.0 tons)
- Poland (825.3 tons)
- Spain (788.7 tons)
- China (272.2 tons)
- Germany (259.7 tons)
- Bosnia and Herzegovina (93.6 tons)
- Denmark (66.5 tons)
- United States (47.5 tons)
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