Price for Silicates; Commercial Alkali Metal Silicates in Egypt - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Egypt (FOB) - 2023
- Price for Silicates; Commercial Alkali Metal Silicates in Egypt (CIF) - 2023
- Exports of Silicates; Commercial Alkali Metal Silicates in Egypt
- Imports of Silicates; Commercial Alkali Metal Silicates in Egypt
Price for Silicates; Commercial Alkali Metal Silicates in Egypt (FOB) - 2023
The average export price for silicates; commercial alkali metal silicateses stood at $728 per ton in July 2023, surging by 1.7% against the previous month. Overall, export price indicated a buoyant expansion from July 2022 to July 2023: its price increased at an average monthly rate of +5.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, silicates; commercial alkali metal silicates export price increased by +21.0% against May 2023 indices. The pace of growth appeared the most rapid in October 2022 an increase of 54% against the previous month. Over the period under review, the average export prices hit record highs in July 2023.
Average prices varied noticeably for the major export markets. In July 2023, the highest price was recorded for prices to Djibouti ($711 per ton) and South Africa ($711 per ton), while the average price for exports to Italy ($711 per ton) and Morocco ($711 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in Egypt (CIF) - 2023
In July 2023, the average import price for silicates; commercial alkali metal silicateses amounted to $2,158 per ton, with an increase of 45% against the previous month. Over the period under review, the import price posted a buoyant expansion. The growth pace was the most rapid in October 2022 an increase of 251% m-o-m. The import price peaked at $2,221 per ton in January 2023; afterwards, it flattened through to July 2023.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($2,454 per ton), while the price for China stood at $1,908 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; Commercial Alkali Metal Silicates in Egypt
Silicates; commercial alkali metal silicates exports from Egypt rose markedly to 65K tons in 2022, surging by 6.3% on 2021 figures. In general, exports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 95%.
In value terms, silicates; commercial alkali metal silicates exports surged to $39M in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 75%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Silicates; Commercial Alkali Metal Silicates in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 2.7 | 1.9 | 2.6 | 6.2 | 31.9% |
| Angola | 1.5 | 0.8 | 2.7 | 4.9 | 48.4% |
| Syrian Arab Republic | N/A | N/A | N/A | 3.5 | 0% |
| Italy | 0.4 | 0.1 | 0.8 | 3.5 | 106.1% |
| Morocco | 1.7 | 1.5 | 1.6 | 2.7 | 16.7% |
| Yemen | 3.1 | 1.8 | 2.0 | 1.7 | -18.1% |
| Portugal | N/A | 0.1 | 0.6 | 1.7 | 312.3% |
| South Africa | 0.3 | 0.4 | 0.3 | 1.7 | 78.3% |
| Cote d'Ivoire | 0.6 | 0.5 | 0.8 | 1.4 | 32.6% |
| Romania | N/A | N/A | 0.9 | 1.2 | 33.3% |
| Ghana | 0.1 | N/A | 0.9 | 1.1 | 122.4% |
| Sudan | 1.0 | 0.7 | 0.4 | 1.1 | 3.2% |
| Spain | 0.1 | N/A | N/A | 0.9 | 108.0% |
| Others | 7.4 | 5.7 | 9.9 | 7.5 | 0.4% |
| Total | 19.0 | 13.6 | 23.8 | 39.1 | 27.2% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Egypt in 2022:
- Senegal (10.3K tons)
- Angola (8.1K tons)
- Italy (5.8K tons)
- Syrian Arab Republic (5.7K tons)
- Morocco (4.6K tons)
- South Africa (2.9K tons)
- Yemen (2.9K tons)
- Portugal (2.8K tons)
- Cote d'Ivoire (2.4K tons)
- Romania (2.0K tons)
- Ghana (1.8K tons)
- Sudan (1.8K tons)
- Spain (1.5K tons)
Imports of Silicates; Commercial Alkali Metal Silicates in Egypt
Silicates; commercial alkali metal silicates imports into Egypt declined sharply to 1.6K tons in 2022, with a decrease of -19.6% against 2021 figures. Overall, imports continue to indicate a sharp setback. The smallest decline of -7.4% was in 2020.
In value terms, silicates; commercial alkali metal silicates imports reached $2M in 2022. In general, imports saw a abrupt descent.
| Import of Silicates; Commercial Alkali Metal Silicates in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,328 | 1,175 | 544 | 623 | -22.3% |
| China | 862 | 554 | 543 | 516 | -15.7% |
| Turkey | 153 | 237 | 183 | 423 | 40.4% |
| India | 102 | 77.5 | 86.2 | 180 | 20.8% |
| Netherlands | 81.1 | 78.5 | 116 | 80.0 | -0.5% |
| United Kingdom | 15.8 | 30.1 | 3.2 | 40.1 | 36.4% |
| Belgium | 199 | 43.8 | 40.7 | 30.3 | -46.6% |
| Germany | 118 | 105 | 57.4 | 18.8 | -45.8% |
| Others | 93.1 | 185 | 280 | 65.7 | -11.0% |
| Total | 2,951 | 2,485 | 1,853 | 1,977 | -12.5% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Egypt in 2022:
- China (625.6 tons)
- United States (390.5 tons)
- Turkey (185.7 tons)
- India (98.5 tons)
- Netherlands (94.3 tons)
- United Kingdom (47.3 tons)
- Belgium (35.7 tons)
- Germany (22.1 tons)
416
This report provides an in-depth analysis of the silicates market in Egypt.
302
This report provides an in-depth analysis of the market for continuous-action elevators and conveyors in Egypt.
260
This report provides an in-depth analysis of the roller conveyor market in Egypt.
172
This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type in Egypt.
537
This report provides an in-depth analysis of the global silicates market.
385
This report provides an in-depth analysis of the global market for continuous-action elevators and conveyors.
312
Global Roller Conveyor Market Report 2018. This report provides an in-depth analysis of the global roller conveyor market.
264
This report provides an in-depth analysis of the global market for elevators and conveyors other than pneumatic, belt- or bucket-type.
416
This report provides an in-depth analysis of the silicates market in Egypt.
537
This report provides an in-depth analysis of the global silicates market.
765
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, ...
851
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...
173
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.
765
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, ...
851
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...
