Price for Silicates; Commercial Alkali Metal Silicates in Denmark - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Denmark (FOB) - 2023
- Price for Silicates; Commercial Alkali Metal Silicates in Denmark (CIF) - 2023
- Exports of Silicates; Commercial Alkali Metal Silicates in Denmark
- Imports of Silicates; Commercial Alkali Metal Silicates in Denmark
Price for Silicates; Commercial Alkali Metal Silicates in Denmark (FOB) - 2023
The average export price for silicates; commercial alkali metal silicateses stood at $1,070 per ton in August 2023, remaining relatively unchanged against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 33% month-to-month. The export price peaked at $1,217 per ton in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($1,407 per ton), while the average price for exports to Finland ($675 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Silicates; Commercial Alkali Metal Silicates in Denmark (CIF) - 2023
In August 2023, the average import price for silicates; commercial alkali metal silicateses amounted to $1,168 per ton, growing by 16% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 25% m-o-m. The import price peaked at $1,396 per ton in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,107 per ton), while the price for the Czech Republic ($552 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; Commercial Alkali Metal Silicates in Denmark
After three years of growth, shipments abroad of silicates; commercial alkali metal silicateses decreased by -24.9% to 11K tons in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports reached the peak of 15K tons, and then declined dramatically in the following year.
In value terms, silicates; commercial alkali metal silicates exports declined remarkably to $13M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +38.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 46%. As a result, the exports attained the peak of $15M, and then plummeted in the following year.
| Export of Silicates; Commercial Alkali Metal Silicates in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.7 | 4.1 | 7.6 | 3.7 | 0.0% |
| Germany | 1.3 | 1.6 | 2.1 | 3.2 | 35.0% |
| Finland | 1.8 | 2.4 | 2.6 | 2.6 | 13.0% |
| Poland | 1.3 | 1.3 | 1.8 | 1.8 | 11.5% |
| Netherlands | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Austria | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
| United Kingdom | 0.4 | 0.2 | N/A | 0.1 | -37.0% |
| Others | 0.5 | 0.5 | 0.7 | 0.8 | 17.0% |
| Total | 9.3 | 10.6 | 15.5 | 12.9 | 11.5% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Denmark in 2022:
- Finland (3.7K tons)
- Germany (3.1K tons)
- Poland (1.4K tons)
- Sweden (1.3K tons)
- Netherlands (0.6K tons)
- Austria (0.3K tons)
- United Kingdom (0.1K tons)
Imports of Silicates; Commercial Alkali Metal Silicates in Denmark
For the fourth year in a row, Denmark recorded growth in supplies from abroad of silicates; commercial alkali metal silicateses, which increased by 1.4% to 11K tons in 2022. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, silicates; commercial alkali metal silicates imports rose to $13M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Silicates; Commercial Alkali Metal Silicates in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.6 | 2.0 | 5.1 | 5.3 | 49.1% |
| Germany | 4.6 | 5.3 | 6.3 | 4.1 | -3.8% |
| Poland | 0.9 | 0.8 | 0.2 | 2.1 | 32.6% |
| France | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| Czech Republic | N/A | N/A | 0.6 | 0.3 | -50.0% |
| Others | 0.5 | 0.6 | 0.3 | 0.7 | 11.9% |
| Total | 7.9 | 9.2 | 12.6 | 12.9 | 17.8% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Denmark in 2022:
- Netherlands (4.7K tons)
- Germany (2.3K tons)
- Poland (2.1K tons)
- France (0.6K tons)
- Czech Republic (0.5K tons)
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