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

Contents:

1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Switzerland (CIF) - 2023
2. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Switzerland (FOB) - 2023
3. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Switzerland
4. Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Switzerland

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Switzerland (CIF) - 2023

In September 2023, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $452 per ton, with an increase of 13% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 27% against the previous month. As a result, import price attained the peak level of $580 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($1,905 per ton), while the price for Italy ($364 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Switzerland (FOB) - 2023

The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $734 per ton in September 2023, increasing by 14% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average export price increased by 24% m-o-m. As a result, the export price attained the peak level of $831 per ton. From July 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Italy ($1,684 per ton), while the average price for exports to Belgium ($519 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Switzerland

In 2022, purchases abroad of silicates; of sodium (excluding sodium metasilicates)s decreased by -2.4% to 9.3K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 18%. As a result, imports attained the peak of 9.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $4.1M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (5.1K tons)
2. France (2.7K tons)
3. Bosnia and Herzegovina (0.5K tons)
4. Netherlands (0.3K tons)
5. Egypt (0.3K tons)
6. Italy (0.2K tons)
7. Spain (0.1K tons)

Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Switzerland

After two years of growth, overseas shipments of silicates; of sodium (excluding sodium metasilicates)s decreased by -13.5% to 4.4K tons in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports reached the peak of 5.1K tons, and then reduced in the following year.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s rose markedly to $2.7M in 2022. The total export value increased at an average annual rate of +7.8% from 2020 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (2624.8 tons)
2. France (993.6 tons)
3. Austria (272.1 tons)
4. Romania (180.2 tons)
5. Belgium (121.2 tons)
6. Hungary (106.5 tons)

Source: IndexBox Market Intelligence Platform