Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand - 2023

Contents:

  1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (CIF) - 2022
  2. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (FOB) - 2022
  3. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand
  4. Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (CIF) - 2022

In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $615 per ton, picking up by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2016 an increase of 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,447 per ton), while the price for Australia ($455 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (FOB) - 2022

In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $1,634 per ton, picking up by 16% against the previous year. Overall, the export price recorded strong growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,207 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($1,635 per ton), while the average price for exports to India stood at $1,634 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+1.4%).

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand

In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s imported into New Zealand amounted to 3.4K tons, growing by 1.8% against the previous year's figure. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 60%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s expanded significantly to $2.1M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia8808081,4411,31614.4%
United States14814628233531.3%
Netherlands84.367.585.622137.9%
China20.511511313989.3%
Others44.648.151.867.114.6%
Total1,1781,1841,9732,07820.8%

Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to New Zealand in 2022:

  1. Australia (2889.4 tons)
  2. China (196.0 tons)
  3. Netherlands (148.5 tons)
  4. United States (97.2 tons)

Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand

In 2022, after three years of growth, there was significant decline in overseas shipments of silicates; of sodium (excluding sodium metasilicates)s, when their volume decreased by -60% to 3.1 tons. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 394%.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s declined significantly to $5.1K in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 244%.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A3.20%
Fiji1.01.9N/A1.923.9%
AustraliaN/A1.711.1N/A552.9%
OthersN/AN/AN/AN/A0%
Total1.03.611.15.172.1%

Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from New Zealand in 2022:

  1. India (2.0 tons)
  2. Fiji (1.2 tons)

Source: IndexBox Market Intelligence Platform

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