Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands (FOB) - 2023
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands (CIF) - 2023
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands (FOB) - 2023
In October 2023, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $3,498 per ton, growing by 50% against the previous month. Over the period under review, export price indicated a resilient increase from October 2022 to October 2023: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for silicates; commercial alkali metal silicates, other than of sodium or potassia increased by +85.6% against February 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Pakistan ($4,864 per ton), while the average price for exports to the United States ($1,135 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 China (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands (CIF) - 2023
In October 2023, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $2,900 per ton, rising by 11% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 33% month-to-month. Over the period under review, average import prices attained the peak figure at $3,358 per ton in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for Belgium amounted to +1.0% per month.
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands
In 2022, approx. 9.5K tons of silicates; commercial alkali metal silicates, other than of sodium or potassia were exported from the Netherlands; picking up by 3.6% compared with the previous year. The total export volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia declined modestly to $23M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +47.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports reached the peak of $23M, and then shrank slightly in the following year.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 2.8 | 4.1 | 4.8 | 29.7% |
| Germany | 2.0 | 3.1 | 4.1 | 4.4 | 30.1% |
| Denmark | 0.9 | 1.1 | 1.9 | 2.9 | 47.7% |
| South Korea | 2.2 | 2.3 | 3.5 | 2.5 | 4.4% |
| Japan | N/A | 0.5 | 1.1 | 0.8 | 26.5% |
| South Africa | 0.6 | 0.6 | 0.6 | 0.7 | 5.3% |
| Russia | 1.8 | 1.5 | 2.0 | 0.7 | -27.0% |
| United Kingdom | 0.1 | 0.1 | 0.3 | 0.6 | 81.7% |
| United Arab Emirates | 0.3 | 0.4 | 0.6 | 0.6 | 26.0% |
| France | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
| United States | 0.4 | 0.1 | N/A | 0.5 | 7.7% |
| Australia | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Belgium | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Others | 4.3 | 4.4 | 3.9 | 3.4 | -7.5% |
| Total | 15.7 | 17.9 | 23.4 | 23.1 | 13.7% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from the Netherlands in 2022:
- China (2886.6 tons)
- Germany (1517.2 tons)
- Denmark (1027.8 tons)
- South Korea (889.0 tons)
- South Africa (535.4 tons)
- France (269.1 tons)
- Japan (263.8 tons)
- Belgium (251.1 tons)
- Australia (187.8 tons)
- Russia (170.0 tons)
- United Arab Emirates (167.4 tons)
- United Kingdom (149.4 tons)
- United States (147.7 tons)
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands
In 2022, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into the Netherlands surged to 8K tons, jumping by 31% against the year before. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 110%. Imports peaked 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 soared to $18M in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 102%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.4 | 0.5 | 5.1 | 7.4 | 164.5% |
| Luxembourg | 2.0 | 3.0 | 5.2 | 5.1 | 36.6% |
| Belgium | 2.1 | 2.2 | 3.2 | 2.0 | -1.6% |
| Estonia | N/A | N/A | 0.3 | 1.9 | 533.3% |
| Germany | 0.5 | 0.5 | 0.6 | 0.9 | 21.6% |
| United Kingdom | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
| France | 0.7 | 0.5 | 0.1 | N/A | -62.2% |
| Others | 0.2 | 0.6 | 0.5 | 0.3 | 14.5% |
| Total | 6.1 | 7.5 | 15.2 | 17.9 | 43.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to the Netherlands in 2022:
- Luxembourg (3548.3 tons)
- United States (2612.6 tons)
- Belgium (584.9 tons)
- Estonia (564.8 tons)
- Germany (440.5 tons)
- United Kingdom (98.6 tons)
- France (9.2 tons)
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