Price for Silicates; Commercial Alkali Metal Silicates in Serbia - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Serbia (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Serbia (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in Serbia
- Exports of Silicates; Commercial Alkali Metal Silicates in Serbia
Price for Silicates; Commercial Alkali Metal Silicates in Serbia (CIF) - 2022
The average import price for silicates; commercial alkali metal silicateses stood at $541 per ton in 2022, growing by 66% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates import price increased by +82.6% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the UK ($2,553 per ton), while the price for Bosnia and Herzegovina ($188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in Serbia (FOB) - 2022
The average export price for silicates; commercial alkali metal silicateses stood at $354 per ton in 2022, picking up by 35% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates export price increased by +40.4% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($322 per ton), while the average price for exports to North Macedonia amounted to $297 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.8%).
Imports of Silicates; Commercial Alkali Metal Silicates in Serbia
In 2022, purchases abroad of silicates; commercial alkali metal silicateses decreased by -25% to 3.1K tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, imports attained the peak of 4.2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, silicates; commercial alkali metal silicates imports soared to $1.7M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 331 | 218 | 170 | 329 | -0.2% |
| United States | 397 | 270 | 262 | 320 | -6.9% |
| Spain | 69.5 | 106 | 156 | 233 | 49.7% |
| Bosnia and Herzegovina | 212 | 243 | 243 | 225 | 2.0% |
| Czech Republic | 93.6 | 136 | 175 | 169 | 21.8% |
| Belgium | 39.1 | 56.6 | 81.9 | 84.7 | 29.4% |
| Poland | 88.3 | 71.5 | 81.1 | 80.7 | -3.0% |
| Others | 192 | 135 | 168 | 229 | 6.1% |
| Total | 1,422 | 1,236 | 1,338 | 1,671 | 5.5% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Serbia in 2022:
- Bosnia and Herzegovina (1194.0 tons)
- Italy (548.6 tons)
- Spain (392.6 tons)
- Czech Republic (348.9 tons)
- Poland (194.8 tons)
- United States (145.6 tons)
- Belgium (78.8 tons)
Exports of Silicates; Commercial Alkali Metal Silicates in Serbia
In 2022, overseas shipments of silicates; commercial alkali metal silicateses decreased by -7.5% to 2.1K tons, falling for the second year in a row after two years of growth. Overall, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 32% against the previous year. As a result, the exports reached the peak of 3.1K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, silicates; commercial alkali metal silicates exports soared to $733K in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, the exports reached the peak of $745K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Silicates; Commercial Alkali Metal Silicates in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 469 | 625 | 421 | 633 | 10.5% |
| North Macedonia | 28.6 | 27.5 | 28.0 | 14.7 | -19.9% |
| Others | 62.3 | 92.5 | 137 | 85.2 | 11.0% |
| Total | 560 | 745 | 586 | 733 | 9.4% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Serbia in 2022:
- Romania (1966.7 tons)
- North Macedonia (49.4 tons)
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