Silicates; Sodium Metasilicates Price in Pakistan - 2023

Contents:

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

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

The average silicates; sodium metasilicates import price stood at $2,081 per ton in 2022, growing by 25% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.4% 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 +66.7% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 49%. As a result, import price attained the peak level of $2,097 per ton; afterwards, it flattened through to 2022.

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 Japan ($4,382 per ton), while the price for China ($1,675 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average silicates; sodium metasilicates export price stood at $103 per ton in 2022, rising by 5.9% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 8.6%. Over the period under review, the average export prices attained the maximum at $366 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($103 per ton), while the average price for exports to Afghanistan amounted to $88 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (-13.3%).

Silicates; Sodium Metasilicates Imports in Pakistan

In 2022, supplies from abroad of silicates; sodium metasilicateses was finally on the rise to reach 284 tons after two years of decline. Overall, imports, however, saw a sharp contraction.

In value terms, silicates; sodium metasilicates imports soared to $591K in 2022. In general, imports, however, continue to indicate a drastic downturn.

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

1. China (257.2 tons)
2. Belgium (13.5 tons)
3. Japan (7.5 tons)

Silicates; Sodium Metasilicates Exports in Pakistan

In 2022, after three years of growth, there was decline in shipments abroad of silicates; sodium metasilicateses, when their volume decreased by -2.4% to 23 tons. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 1.3%. As a result, the exports attained the peak of 23 tons, and then fell modestly in the following year.

In value terms, silicates; sodium metasilicates exports totaled $2.4K in 2022. Overall, exports saw a perceptible shrinkage.

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

1. Myanmar (11.3 tons)
2. Afghanistan (0.2 tons)

Source: IndexBox Market Intelligence Platform