Silicates; Sodium Metasilicates Price in Italy - 2023
Contents:
- Silicates; Sodium Metasilicates Price in Italy (CIF) - 2023
- Silicates; Sodium Metasilicates Price in Italy (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Italy
- Silicates; Sodium Metasilicates Exports in Italy
Silicates; Sodium Metasilicates Price in Italy (CIF) - 2023
In August 2023, the average silicates; sodium metasilicates import price amounted to $597 per ton, which is down by -31.1% against the previous month. Overall, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 47% m-o-m. The import price peaked at $1,147 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($837 per ton), while the price for China ($476 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicates; Sodium Metasilicates Price in Italy (FOB) - 2022
The average silicates; sodium metasilicates export price stood at $1,613 per ton in 2022, rising by 7.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 52% against the previous year. Over the period under review, the average export prices reached the maximum at $2,489 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($3,633 per ton), while the average price for exports to Croatia ($855 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 Saudi Arabia (+74.2%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Imports in Italy
Silicates; sodium metasilicates imports into Italy expanded sharply to 3.9K tons in 2022, increasing by 8.7% against 2021. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 19%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, silicates; sodium metasilicates imports skyrocketed to $3.4M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +54.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 28%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Silicates; Sodium Metasilicates in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,162 | 1,014 | 1,356 | 1,566 | 10.5% |
| Netherlands | 650 | 523 | 792 | 891 | 11.1% |
| China | 325 | 220 | 250 | 506 | 15.9% |
| Poland | N/A | N/A | 320 | 274 | -14.4% |
| Others | 165 | 452 | 103 | 166 | 0.2% |
| Total | 2,302 | 2,209 | 2,820 | 3,402 | 13.9% |
Top Suppliers of Silicates; Sodium Metasilicates to Italy in 2022:
- Belgium (1745.3 tons)
- Netherlands (1419.9 tons)
- China (509.0 tons)
- Poland (71.7 tons)
Silicates; Sodium Metasilicates Exports in Italy
In 2022, overseas shipments of silicates; sodium metasilicateses decreased by -24.3% to 304 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 386% against the previous year. As a result, the exports attained the peak of 402 tons, and then shrank markedly in the following year.
In value terms, silicates; sodium metasilicates exports dropped significantly to $491K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 266%. As a result, the exports attained the peak of $603K, and then fell dramatically in the following year.
| Export of Silicates; Sodium Metasilicates in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.1 | 72.2 | 448 | 394 | 228.6% |
| Croatia | 16.1 | 12.9 | 22.8 | 21.1 | 9.4% |
| Slovenia | 53.1 | 35.1 | 11.0 | 14.1 | -35.7% |
| France | N/A | 4.3 | 1.3 | 10.9 | 59.2% |
| Switzerland | 1.2 | N/A | 3.2 | 7.4 | 83.4% |
| Brazil | 13.7 | 4.0 | 18.0 | 5.8 | -24.9% |
| Others | 101 | 36.3 | 98.8 | 38.2 | -27.7% |
| Total | 197 | 165 | 603 | 491 | 35.6% |
Top Export Markets for Silicates; Sodium Metasilicates from Italy in 2022:
- Germany (238.4 tons)
- Croatia (24.7 tons)
- Slovenia (12.8 tons)
- Switzerland (6.0 tons)
- France (5.4 tons)
- Brazil (3.4 tons)
354
This report provides an in-depth analysis of the silicates market in Italy.
257
This report provides an in-depth analysis of the market for continuous-action elevators and conveyors in Italy.
274
This report provides an in-depth analysis of the roller conveyor market in Italy.
275
This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type in Italy.
525
This report provides an in-depth analysis of the global silicates market.
378
This report provides an in-depth analysis of the global market for continuous-action elevators and conveyors.
309
Global Roller Conveyor Market Report 2018. This report provides an in-depth analysis of the global roller conveyor market.
259
This report provides an in-depth analysis of the global market for elevators and conveyors other than pneumatic, belt- or bucket-type.
354
This report provides an in-depth analysis of the silicates market in Italy.
525
This report provides an in-depth analysis of the global silicates market.
756
In value terms, commercial alkali metal silicates imports totaled $X in 2016. Overall, commercial alkali metal silicates imports continue to indicate a relatively flat trend pattern. In that year, ...
837
In value terms, commercial alkali metal silicates exports stood at $X in 2016. Overall, commercial alkali metal silicates exports continue to indicate a relatively flat trend pattern. Global commer...
158
Explore the top import markets for continuous-action elevators and conveyors worldwide, including the United States, China, Germany, and more. Get valuable insights from IndexBox market intelligence platform.
756
In value terms, commercial alkali metal silicates imports totaled $X in 2016. Overall, commercial alkali metal silicates imports continue to indicate a relatively flat trend pattern. In that year, ...
837
In value terms, commercial alkali metal silicates exports stood at $X in 2016. Overall, commercial alkali metal silicates exports continue to indicate a relatively flat trend pattern. Global commer...
