Silicates; Sodium Metasilicates Price in Israel - 2023

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

The average silicates; sodium metasilicates import price stood at $849 per ton in 2022, with an increase of 34% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 +38.6% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($849 per ton) and the Netherlands ($849 per ton), while the price for China ($849 per ton) and the UK ($849 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2020, the average silicates; sodium metasilicates export price amounted to $232 per ton, dropping by -18.4% against the previous year. In general, the export price faced a abrupt decrease. The growth pace was the most rapid in 2013 when the average export price increased by 163% against the previous year. As a result, the export price attained the peak level of $1,957 per ton. From 2014 to 2020, the average export prices remained at a lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Poland amounted to 0.0% per year.

Silicates; Sodium Metasilicates Imports in Israel

In 2022, after two years of decline, there was significant growth in purchases abroad of silicates; sodium metasilicateses, when their volume increased by 42% to 592 tons. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; sodium metasilicates imports surged to $502K in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; Sodium Metasilicates in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	94.2	94.6	111	225	33.7%
China	42.8	47.3	13.9	121	41.4%
United States	13.6	3.5	16.6	101	95.1%
United Kingdom	1.8	1.7	1.5	36.0	171.4%
Germany	8.1	0.6	0.4	18.0	30.5%
Others	115	99.2	122	1.0	-79.4%
Total	275	247	265	502	22.2%

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

Belgium (265.1 tons)
China (142.6 tons)
United States (119.0 tons)
United Kingdom (42.4 tons)
Germany (21.2 tons)

Silicates; Sodium Metasilicates Exports in Israel

In 2020, the amount of silicates; sodium metasilicateses exported from Israel shrank modestly to 63 tons, with a decrease of -3.2% on 2019. Over the period under review, exports recorded a noticeable decrease.

In value terms, silicates; sodium metasilicates exports fell rapidly to $15K in 2020. In general, exports saw a sharp downturn.