China - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilicates Price in China - 2023
Contents:
- Silicates Price in China (FOB) - 2023
- Silicates Price in China (CIF) - 2022
- Silicates Exports in China
- Silicates Imports in China
Silicates Price in China (FOB) - 2023
In June 2023, the average silicates export price amounted to $440 per ton, which is down by -8.7% against the previous month. Overall, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in March 2023 an increase of 28% month-to-month. Over the period under review, the average export prices hit record highs at $670 per ton in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($1,270 per ton), while the average price for exports to Italy ($267 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Silicates Price in China (CIF) - 2022
The average silicates import price stood at $2,157 per ton in 2022, leveling off at the previous year. In general, the import price, however, saw a perceptible setback. The growth pace was the most rapid in 2019 when the average import price increased by 32%. The import price peaked at $3,487 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,290 per ton), while the price for Malaysia ($435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicates Exports in China
In 2022, approx. 407K tons of silicates, commercial alkali metal silicates were exported from China; increasing by 6.7% compared with the previous year. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, silicates exports soared to $223M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Silicates in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 31.4 | 23.9 | 34.2 | 44.0 | 11.9% |
| Japan | 22.4 | 16.9 | 21.4 | 26.5 | 5.8% |
| Indonesia | 10.0 | 12.7 | 13.6 | 16.1 | 17.2% |
| Saudi Arabia | 0.8 | 1.2 | 3.5 | 11.7 | 144.5% |
| Russia | 1.9 | 1.7 | 4.3 | 8.7 | 66.1% |
| United States | 1.9 | 0.9 | 1.0 | 8.1 | 62.1% |
| Guatemala | 3.0 | 4.2 | 2.7 | 6.0 | 26.0% |
| Nigeria | 0.8 | 0.4 | N/A | 4.6 | 79.2% |
| Brazil | 0.5 | 0.3 | 0.3 | 4.2 | 103.3% |
| Canada | 1.5 | 1.2 | 0.9 | 3.3 | 30.1% |
| Thailand | 4.7 | 1.9 | 1.3 | 3.1 | -13.0% |
| Angola | 0.1 | 0.8 | 0.1 | 2.7 | 200.0% |
| Bangladesh | 1.7 | 1.4 | 1.1 | 2.6 | 15.2% |
| Others | 48.2 | 51.3 | 71.0 | 81.2 | 19.0% |
| Total | 129 | 119 | 156 | 223 | 20.0% |
Top Export Markets for Silicates from China in 2022:
- South Korea (114.3K tons)
- Japan (58.3K tons)
- Indonesia (24.3K tons)
- Guatemala (14.6K tons)
- Nigeria (13.2K tons)
- United States (10.1K tons)
- Saudi Arabia (8.2K tons)
- Russia (6.8K tons)
- Thailand (6.2K tons)
- Brazil (5.9K tons)
- Angola (5.7K tons)
- Canada (5.5K tons)
- Bangladesh (5.5K tons)
Silicates Imports in China
Silicates imports into China surged to 12K tons in 2022, rising by 15% against the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, silicates imports skyrocketed to $25M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Silicates in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 2.9 | 4.9 | 5.4 | 19.1% |
| Japan | 3.2 | 2.9 | 3.9 | 4.1 | 8.6% |
| Belgium | 2.3 | 2.0 | 3.4 | 2.9 | 8.0% |
| Netherlands | 2.7 | 2.5 | 2.1 | 2.3 | -5.2% |
| France | 0.4 | 0.7 | 1.0 | 2.3 | 79.2% |
| South Korea | 1.3 | 1.1 | 1.8 | 2.3 | 20.9% |
| United Kingdom | 0.8 | 0.7 | 1.0 | 1.2 | 14.5% |
| Malaysia | 0.1 | 0.3 | 0.9 | 0.9 | 108.0% |
| Germany | 1.0 | 1.0 | 0.8 | 0.6 | -15.7% |
| Taiwan (Chinese) | 1.0 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 1.3 | 2.1 | 3.3 | 54.2% |
| Total | 16.9 | 15.5 | 21.9 | 25.3 | 14.4% |
Top Suppliers of Silicates to China in 2022:
- Netherlands (2.5K tons)
- Malaysia (2.0K tons)
- Japan (1.3K tons)
- United States (1.0K tons)
- South Korea (0.8K tons)
- Belgium (0.7K tons)
- France (0.5K tons)
- United Kingdom (0.5K tons)
- Germany (0.2K tons)
This report provides an in-depth analysis of the silicates market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20136240 - Silicates, commercial alkali metal silicates
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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