Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola - 2022
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $630 per ton in 2022, picking up by 21% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 24%. Over the period under review, average import prices hit record highs at $683 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($942 per ton), while the price for Spain ($245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.2%), while the prices for the other major suppliers experienced a decline.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $465 per ton in 2022, with an increase of 52% against the previous year. Overall, the export price, however, faced a dramatic contraction. The growth pace was the most rapid in 2021 when the average export price increased by 79%. The export price peaked at $248,375 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2015 to 2022, the rate of growth in terms of prices for Namibia amounted to +78.5% per year.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola
In 2022, approx. 13K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Angola; growing by 61% compared with the previous year. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $8.2M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 1,562 | 1,099 | 1,789 | 4,660 | 44.0% |
| Portugal | 536 | 944 | 1,062 | 1,498 | 40.9% |
| China | 62.6 | 108 | 103 | 1,120 | 161.5% |
| India | 85.1 | 124 | 159 | 285 | 49.6% |
| Spain | 0.8 | 2.9 | 75.0 | 182 | 510.5% |
| Turkey | N/A | N/A | N/A | 105 | 0% |
| United Kingdom | 209 | 304 | 269 | N/A | 13.4% |
| Others | 594 | 811 | 734 | 310 | -19.5% |
| Total | 3,049 | 3,392 | 4,193 | 8,160 | 38.8% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Angola in 2022:
- Egypt (8.0K tons)
- China (1.8K tons)
- Portugal (1.6K tons)
- Spain (0.7K tons)
- Turkey (0.3K tons)
- India (0.3K tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola
In 2022, approx. 296 tons of silicates; of sodium (excluding sodium metasilicates)s were exported from Angola; with an increase of 349% against 2021. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 131,373% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s surged to $138K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 45,321%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | N/A | N/A | 14.9 | 132 | 785.9% |
| Indonesia | N/A | 50.0 | N/A | N/A | 0% |
| Others | 0.1 | N/A | 5.3 | 6.0 | 291.5% |
| Total | 0.1 | 50.0 | 20.1 | 138 | 1013.3% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Angola in 2022:
- Namibia (293.8 tons)
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