Silicates; Sodium Metasilicates Price in Portugal - 2023

Contents:

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

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

In 2022, the average silicates; sodium metasilicates import price amounted to $727 per ton, increasing by 20% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 34%. As a result, import price attained the peak level of $921 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($738 per ton), while the price for Belgium amounted to $689 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.8%).

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

The average silicates; sodium metasilicates export price stood at $6,827 per ton in 2022, surging by 22% against the previous year. In general, the export price recorded a significant increase. The growth pace was the most rapid in 2019 an increase of 365%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($12,409 per ton), while the average price for exports to Spain ($760 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 South Africa (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.

Silicates; Sodium Metasilicates Imports in Portugal

Silicates; sodium metasilicates imports into Portugal shrank slightly to 535 tons in 2022, dropping by -4.4% against the year before. In general, imports recorded a slight slump. The most prominent rate of growth was recorded in 2021 when imports increased by 99.9% against the previous year.

In value terms, silicates; sodium metasilicates imports rose sharply to $389K in 2022. Overall, imports, however, saw a perceptible expansion. The growth pace was the most rapid in 2021 with an increase of 106% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

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

1. Spain (364.7 tons)
2. Belgium (169.1 tons)

Silicates; Sodium Metasilicates Exports in Portugal

In 2022, exports of silicates; sodium metasilicateses from Portugal soared to 28 tons, picking up by 22% on the previous year's figure. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; sodium metasilicates exports surged to $191K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

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

1. South Africa (9.5 tons)
2. Spain (9.1 tons)
3. New Zealand (4.0 tons)
4. Angola (3.0 tons)
5. Honduras (2.2 tons)

Source: IndexBox Market Intelligence Platform