Silicates; Sodium Metasilicates Price in Greece - 2023

Contents:

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

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

The average silicates; sodium metasilicates import price stood at $711 per ton in 2022, growing by 19% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 34% against the previous year. As a result, import price attained the peak level of $766 per ton. From 2019 to 2022, the average 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 Spain ($6,902 per ton), while the price for Belgium ($653 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+202.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average silicates; sodium metasilicates export price amounted to $1,143 per ton, surging by 57% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 export price increased by +69.7% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 61% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($2,283 per ton), while the average price for exports to Albania ($866 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Silicates; Sodium Metasilicates Imports in Greece

For the third consecutive year, Greece recorded decline in overseas purchases of silicates; sodium metasilicateses, which decreased by -18.4% to 187 tons in 2022. Overall, imports showed a precipitous curtailment. The smallest decline of -5.3% was in 2021.

In value terms, silicates; sodium metasilicates imports shrank modestly to $133K in 2022. Over the period under review, imports saw a deep downturn.

Import of Silicates; Sodium Metasilicates in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10883.479.774.9-11.5%
Belgium50.642.949.652.21.0%
Spain33.9N/A1.21.6-63.9%
Cyprus11.3N/AN/A0.6-62.4%
Others23.818.06.03.6-46.7%
Total228144137133-16.4%

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

  1. Netherlands (105.0 tons)
  2. Belgium (80.0 tons)
  3. Spain (0.2 tons)
  4. Cyprus (0.1 tons)

Silicates; Sodium Metasilicates Exports in Greece

In 2022, exports of silicates; sodium metasilicateses from Greece contracted markedly to 3.8 tons, reducing by -62.9% against 2021 figures. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 98% against the previous year.

In value terms, silicates; sodium metasilicates exports shrank significantly to $4.3K in 2022. Overall, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 114%.

Export of Silicates; Sodium Metasilicates in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania2.11.31.01.8-5.0%
Cyprus2.4N/A0.91.5-14.5%
North Macedonia1.51.12.51.0-12.6%
Bulgaria8.21.13.0N/A-39.5%
OthersN/AN/A0.1N/A0%
Total14.23.57.54.3-32.8%

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

  1. Albania (2.1 tons)
  2. North Macedonia (1.1 tons)
  3. Cyprus (0.7 tons)

Source: IndexBox Market Intelligence Platform

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