Silicates; Sodium Metasilicates Price in Croatia - 2023

Contents:

  1. Silicates; Sodium Metasilicates Price in Croatia (CIF) - 2022
  2. Silicates; Sodium Metasilicates Price in Croatia (FOB) - 2022
  3. Silicates; Sodium Metasilicates Imports in Croatia
  4. Silicates; Sodium Metasilicates Exports in Croatia

Silicates; Sodium Metasilicates Price in Croatia (CIF) - 2022

In 2022, the average silicates; sodium metasilicates import price amounted to $953 per ton, jumping by 39% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; sodium metasilicates import price increased by +47.0% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 52% against the previous year. As a result, import price attained the peak level of $1,159 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,337 per ton), while the price for the Czech Republic ($727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+46.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Silicates; Sodium Metasilicates Price in Croatia (FOB) - 2022

The average silicates; sodium metasilicates export price stood at $5,156 per ton in 2022, increasing by 86% against the previous year. In general, the export price posted strong growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 390%. Over the period under review, the average export prices reached the maximum at $33,000 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +19.4% per year.

Silicates; Sodium Metasilicates Imports in Croatia

In 2022, after three years of growth, there was significant decline in overseas purchases of silicates; sodium metasilicateses, when their volume decreased by -37.3% to 68 tons. Overall, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of 109 tons, and then declined notably in the following year.

In value terms, silicates; sodium metasilicates imports shrank to $65K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +46.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $75K, and then contracted in the following year.

Import of Silicates; Sodium Metasilicates in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy18.511.028.028.715.8%
Netherlands11.725.325.918.716.9%
Germany10.55.79.38.0-8.7%
PolandN/A0.20.54.2358.3%
Belgium1.03.45.64.058.7%
Czech Republic2.75.24.80.1-66.7%
Others0.10.20.51.4141.0%
Total44.550.974.565.113.5%

Top Suppliers of Silicates; Sodium Metasilicates to Croatia in 2022:

  1. Italy (32.5 tons)
  2. Netherlands (22.0 tons)
  3. Germany (6.8 tons)
  4. Poland (3.3 tons)
  5. Belgium (3.0 tons)
  6. Czech Republic (0.2 tons)

Silicates; Sodium Metasilicates Exports in Croatia

In 2022, the amount of silicates; sodium metasilicateses exported from Croatia surged to 1.3 tons, rising by 2,289% on the previous year's figure. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; sodium metasilicates exports soared to $6.7K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Silicates; Sodium Metasilicates in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and HerzegovinaN/AN/AN/A6.70%
SloveniaN/AN/A0.1N/A0%
Others0.3N/A0.1N/A-42.3%
Total0.3N/A0.16.7181.6%

Top Export Markets for Silicates; Sodium Metasilicates from Croatia in 2022:

  1. Bosnia and Herzegovina (1.3 tons)

Source: IndexBox Market Intelligence Platform

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