U.S. - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilicates Price in the United States - 2023
Contents:
- Silicates Price in the United States (FOB) - 2023
- Silicates Price in the United States (CIF) - 2022
- Silicates Exports in the United States
- Silicates Imports in the United States
Silicates Price in the United States (FOB) - 2023
In August 2023, the average silicates export price amounted to $1,604 per ton, reducing by -24.2% against the previous month. Over the period under review, export price indicated mild growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, silicates export price increased by +15.1% against June 2023 indices. The pace of growth appeared the most rapid in July 2023 an increase of 52% m-o-m. As a result, the export price reached the peak level of $2,117 per ton, and then declined rapidly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($3,879 per ton), while the average price for exports to Indonesia ($460 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates Price in the United States (CIF) - 2022
In 2022, the average silicates import price amounted to $741 per ton, jumping by 35% against the previous year. Over the period under review, the import price, however, recorded a slight slump. Over the period under review, average import prices hit record highs at $923 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,705 per ton), while the price for Brazil ($483 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicates Exports in the United States
In 2022, exports of silicates, commercial alkali metal silicates from the United States reduced to 47K tons, waning by -6.6% on the previous year. The total export volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports reached the peak of 50K tons, and then contracted in the following year.
In value terms, silicates exports reduced to $72M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of $77M, and then shrank in the following year.
| Export of Silicates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 13.6 | 13.3 | 20.0 | 20.0 | 13.7% |
| Mexico | 10.2 | 6.8 | 10.3 | 13.1 | 8.7% |
| Netherlands | 0.6 | 0.9 | 5.3 | 3.3 | 76.5% |
| China | 3.3 | 3.1 | 4.5 | 3.1 | -2.1% |
| Germany | 5.3 | 4.3 | 4.3 | 2.1 | -26.6% |
| Dominican Republic | 0.3 | 0.8 | 1.8 | 1.4 | 67.1% |
| Saudi Arabia | 1.7 | 0.5 | 1.5 | 1.0 | -16.2% |
| Japan | 2.3 | 2.7 | 2.1 | 0.9 | -26.9% |
| Others | 27.4 | 26.8 | 27.5 | 26.9 | -0.6% |
| Total | 64.7 | 59.1 | 77.5 | 71.9 | 3.6% |
Top Export Markets for Silicates from the United States in 2022:
- Canada (24.2K tons)
- Mexico (9.7K tons)
- Dominican Republic (1.7K tons)
- Netherlands (1.3K tons)
- China (1.0K tons)
- Japan (0.9K tons)
- Saudi Arabia (0.7K tons)
- Germany (0.3K tons)
Silicates Imports in the United States
Silicates imports into the United States contracted dramatically to 100K tons in 2022, waning by -15.8% compared with the previous year. Over the period under review, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 125% against the previous year. As a result, imports attained the peak of 119K tons, and then dropped notably in the following year.
In value terms, silicates imports reached $74M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +84.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 63%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Silicates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 30.3 | 22.0 | 29.1 | 29.1 | -1.3% |
| Brazil | N/A | 5.1 | 15.6 | 17.1 | 83.1% |
| China | 2.5 | 1.2 | 1.2 | 7.3 | 42.9% |
| Belgium | 2.7 | 2.3 | 3.4 | 4.2 | 15.9% |
| Netherlands | 2.5 | 2.4 | 2.3 | 3.5 | 11.9% |
| Others | 10.7 | 7.2 | 13.8 | 13.1 | 7.0% |
| Total | 48.6 | 40.2 | 65.5 | 74.2 | 15.1% |
Top Suppliers of Silicates to the United States in 2022:
- Canada (44.2K tons)
- Brazil (35.4K tons)
- China (9.0K tons)
- Belgium (3.5K tons)
- Netherlands (2.0K tons)
This report provides an in-depth analysis of the silicates market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
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
-
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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