Silicates; Sodium Metasilicates Price in the United States - 2023
Contents:
- Silicates; Sodium Metasilicates Price in the United States (CIF) - 2023
- Silicates; Sodium Metasilicates Price in the United States (FOB) - 2023
- Silicates; Sodium Metasilicates Imports in the United States
- Silicates; Sodium Metasilicates Exports in the United States
Silicates; Sodium Metasilicates Price in the United States (CIF) - 2023
In September 2023, the average silicates; sodium metasilicates import price amounted to $718 per ton, rising by 10% against the previous month. In general, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in July 2023 an increase of 21% m-o-m. The import price peaked at $986 per ton in March 2023; however, from April 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($892 per ton), while the price for China ($498 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (-0.9%), while the prices for the other major suppliers experienced a decline.
Silicates; Sodium Metasilicates Price in the United States (FOB) - 2023
In September 2023, the average silicates; sodium metasilicates export price amounted to $1,795 per ton, rising by 27% against the previous month. Overall, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in November 2022 an increase of 99% against the previous month. The export price peaked at $3,578 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Barbados ($9,095 per ton), while the average price for exports to Canada amounted to $1,519 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Barbados (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Imports in the United States
In 2022, approx. 14K tons of silicates; sodium metasilicateses were imported into the United States; with an increase of 181% on the previous year. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, silicates; sodium metasilicates imports surged to $11M in 2022. Overall, imports continue to indicate 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 the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 919 | 548 | 416 | 5,720 | 83.9% |
| Belgium | 1,229 | 1,079 | 1,862 | 3,107 | 36.2% |
| Egypt | 75.1 | 120 | 122 | 863 | 125.7% |
| Netherlands | 8.5 | 7.8 | 161 | 351 | 245.6% |
| India | 256 | 180 | 779 | 189 | -9.6% |
| Germany | 268 | 134 | 85.5 | 114 | -24.8% |
| Others | 204 | 249 | 218 | 390 | 24.1% |
| Total | 2,961 | 2,319 | 3,642 | 10,734 | 53.6% |
Top Suppliers of Silicates; Sodium Metasilicates to the United States in 2022:
- China (8.2K tons)
- Belgium (3.1K tons)
- Egypt (1.3K tons)
- Netherlands (0.5K tons)
- India (0.3K tons)
- Germany (0.2K tons)
Silicates; Sodium Metasilicates Exports in the United States
Silicates; sodium metasilicates exports from the United States dropped markedly to 2.5K tons in 2022, shrinking by -20.8% compared with the previous year's figure. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 0.9% against the previous year.
In value terms, silicates; sodium metasilicates exports soared to $4.3M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Silicates; Sodium Metasilicates in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,411 | 1,116 | 2,494 | 2,010 | 12.5% |
| South Africa | N/A | N/A | 6.2 | 859 | 13754.8% |
| Mexico | 587 | 502 | 340 | 476 | -6.7% |
| India | 69.5 | 116 | 126 | 104 | 14.4% |
| Brazil | 2.9 | 52.4 | 91.4 | 61.7 | 177.1% |
| Thailand | 107 | 26.3 | 10.8 | N/A | -68.2% |
| Indonesia | 263 | 160 | 62.5 | N/A | -51.3% |
| Others | 876 | 545 | 494 | 754 | -4.9% |
| Total | 3,316 | 2,518 | 3,625 | 4,266 | 8.8% |
Top Export Markets for Silicates; Sodium Metasilicates from the United States in 2022:
- Canada (1609.5 tons)
- Mexico (437.3 tons)
- South Africa (149.6 tons)
- India (45.7 tons)
- Brazil (44.2 tons)
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