Silicates; Sodium Metasilicates Price in Lithuania - 2023
Contents:
- Silicates; Sodium Metasilicates Price in Lithuania (CIF) - 2022
- Silicates; Sodium Metasilicates Price in Lithuania (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Lithuania
- Silicates; Sodium Metasilicates Exports in Lithuania
Silicates; Sodium Metasilicates Price in Lithuania (CIF) - 2022
In 2022, the average silicates; sodium metasilicates import price amounted to $2,548 per ton, increasing by 51% against the previous year. In general, the import price showed a prominent expansion. The growth pace was the most rapid in 2021 when the average import price increased by 195% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,456 per ton), while the price for Latvia ($780 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicates; Sodium Metasilicates Price in Lithuania (FOB) - 2022
The average silicates; sodium metasilicates export price stood at $1,570 per ton in 2022, falling by -30.5% against the previous year. In general, the export price, however, recorded a modest increase. The most prominent rate of growth was recorded in 2014 an increase of 108%. The export price peaked at $4,685 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($4,734 per ton), while the average price for exports to Latvia ($768 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 Ukraine (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Imports in Lithuania
Silicates; sodium metasilicates imports into Lithuania fell to 31 tons in 2022, with a decrease of -11.3% compared with 2021. Over the period under review, imports continue to indicate a abrupt descent. The smallest decline of -4% was in 2021.
In value terms, silicates; sodium metasilicates imports skyrocketed to $78K in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 183%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Silicates; Sodium Metasilicates in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 38.5 | 55.9 | 45.2% |
| Poland | 4.0 | 1.2 | 0.4 | 8.6 | 29.1% |
| Czech Republic | N/A | 2.7 | 13.5 | 8.5 | 77.4% |
| Latvia | N/A | 0.7 | 0.6 | 3.2 | 113.8% |
| Netherlands | 1.5 | 2.0 | 2.9 | 0.6 | -26.3% |
| Slovenia | 0.6 | 0.8 | 1.6 | 0.4 | -12.6% |
| United Kingdom | 1.2 | 1.4 | 0.4 | 0.2 | -45.0% |
| Estonia | 7.5 | 10.2 | N/A | N/A | 36.0% |
| Others | 0.5 | 1.5 | 0.3 | 0.7 | 11.9% |
| Total | 15.4 | 20.6 | 58.2 | 78.1 | 71.8% |
Top Suppliers of Silicates; Sodium Metasilicates to Lithuania in 2022:
- Czech Republic (10.0 tons)
- United States (8.7 tons)
- Poland (6.5 tons)
- Latvia (4.1 tons)
- Netherlands (0.6 tons)
- Slovenia (0.5 tons)
- United Kingdom (0.1 tons)
Silicates; Sodium Metasilicates Exports in Lithuania
In 2022, shipments abroad of silicates; sodium metasilicateses decreased by -45.3% to 6.4 tons, falling for the second year in a row after two years of growth. Overall, exports saw a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 5.9%. As a result, the exports attained the peak of 22 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, silicates; sodium metasilicates exports fell remarkably to $10K in 2022. In general, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. As a result, the exports reached the peak of $66K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Silicates; Sodium Metasilicates in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 35.5 | 46.6 | 16.4 | 3.8 | -52.5% |
| Latvia | 3.7 | 2.0 | 1.7 | 2.8 | -8.9% |
| Kyrgyzstan | 2.8 | 16.5 | N/A | 2.3 | -6.3% |
| Estonia | 1.0 | 1.4 | 2.4 | 1.2 | 6.3% |
| Ukraine | 5.0 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 5.8 | N/A | 438.5% |
| Total | 48.2 | 66.5 | 26.4 | 10.0 | -40.8% |
Top Export Markets for Silicates; Sodium Metasilicates from Lithuania in 2022:
- Latvia (3.6 tons)
- Estonia (1.4 tons)
- Russia (0.8 tons)
- Kyrgyzstan (0.6 tons)
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