Price for Silicates; Commercial Alkali Metal Silicates in Slovakia - 2023

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Slovakia (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Slovakia (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Slovakia
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Slovakia

Price for Silicates; Commercial Alkali Metal Silicates in Slovakia (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $799 per ton, surging by 11% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +69.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 58% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Netherlands ($1,619 per ton), while the price for Poland ($387 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Slovakia (FOB) - 2022

In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $4,335 per ton, increasing by 49% against the previous year. Overall, the export price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2021 when the average export price increased by 131% against the previous year. The export price peaked at $7,567 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 the UK ($7,939 per ton), while the average price for exports to Turkey ($151 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 France (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates in Slovakia

In 2022, the amount of silicates; commercial alkali metal silicateses imported into Slovakia contracted to 1.2K tons, waning by -12.5% against the previous year's figure. In general, imports saw a abrupt decline. The smallest decline of -2.5% was in 2021.

In value terms, silicates; commercial alkali metal silicates imports fell slightly to $921K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $946K, and then shrank in the following year.

Import of Silicates; Commercial Alkali Metal Silicates in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany611549678557-3.0%
Austria201130106125-14.6%
Czech Republic50.467.956.386.419.7%
Netherlands62.713.740.480.48.6%
SloveniaN/AN/A47.732.0-32.9%
Poland0.10.10.97.3317.9%
Others15.058.616.733.530.7%
Total940819946921-0.7%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Slovakia in 2022:

  1. Germany (630.5 tons)
  2. Austria (285.4 tons)
  3. Czech Republic (103.4 tons)
  4. Netherlands (49.7 tons)
  5. Slovenia (23.3 tons)
  6. Poland (18.8 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Slovakia

In 2022, shipments abroad of silicates; commercial alkali metal silicateses was finally on the rise to reach 68 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; commercial alkali metal silicates exports surged to $295K in 2022. In general, exports saw a temperate expansion. 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 in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia14.2N/AN/A268166.2%
United KingdomN/AN/A8.011.442.5%
UkraineN/AN/AN/A6.00%
Hungary6.28.52.23.1-20.6%
JapanN/A0.71.82.381.3%
Czech Republic2.01.00.81.6-7.2%
Romania1.40.40.60.7-20.6%
TurkeyN/AN/AN/A0.20%
Moldova2427.5N/AN/A-96.9%
OthersN/A0.117.51.0216.2%
Total26618.230.92953.5%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Slovakia in 2022:

  1. Russia (52.9 tons)
  2. Hungary (3.4 tons)
  3. Ukraine (3.1 tons)
  4. Czech Republic (2.7 tons)
  5. Japan (1.6 tons)
  6. United Kingdom (1.4 tons)
  7. Turkey (1.3 tons)
  8. Romania (0.8 tons)

Source: IndexBox Market Intelligence Platform

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