Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $361 per ton in 2022, increasing by 31% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. 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 Germany ($505 per ton), while the price for Poland ($296 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $2,406 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2013 an increase of 75%. As a result, the export price attained the peak level of $5,441 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($5,657 per ton), while the average price for exports to Denmark ($1,333 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 the United States (+43.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary
In 2022, overseas purchases of silicates; of sodium (excluding sodium metasilicates)s decreased by -24.6% to 2.1K tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 2%. As a result, imports reached the peak of 2.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s reduced to $756K in 2022. Overall, imports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2020 when imports increased by 8.2% against the previous year. As a result, imports reached the peak of $853K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 329 | 272 | 266 | 343 | 1.4% |
| Italy | 330 | 410 | 413 | 288 | -4.4% |
| Germany | 79.7 | 131 | 66.3 | 111 | 11.7% |
| Others | 48.6 | 39.7 | 21.7 | 15.1 | -32.3% |
| Total | 788 | 853 | 767 | 756 | -1.4% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Hungary in 2022:
- Poland (1156.3 tons)
- Italy (704.4 tons)
- Germany (218.9 tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s exported from Hungary surged to 98 tons, increasing by 31% against 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 245%. As a result, the exports attained the peak of 100 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $237K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +26.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 81%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.1 | 56.1 | 85.7 | 102 | 220.4% |
| Australia | 20.9 | 23.3 | 33.7 | 71.4 | 50.6% |
| Singapore | 81.8 | 89.3 | N/A | 29.1 | -29.1% |
| United States | N/A | 21.3 | 14.5 | 12.1 | -24.6% |
| Lithuania | N/A | N/A | N/A | 7.3 | 0% |
| China | 8.9 | 9.4 | 45.8 | 6.5 | -9.9% |
| Denmark | 1.7 | 6.1 | 2.7 | 6.0 | 52.3% |
| Others | 1.1 | 6.6 | 0.6 | 2.2 | 26.0% |
| Total | 117 | 212 | 183 | 237 | 26.5% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Hungary in 2022:
- United Kingdom (63.8 tons)
- Australia (12.9 tons)
- Singapore (5.1 tons)
- Lithuania (4.8 tons)
- United States (4.5 tons)
- Denmark (4.5 tons)
- China (2.0 tons)
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