Price for Silicates; Commercial Alkali Metal Silicates in Estonia - 2023

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Estonia (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Estonia (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Estonia
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Estonia

Price for Silicates; Commercial Alkali Metal Silicates in Estonia (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $362 per ton, rising by 27% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,411 per ton), while the price for Finland ($302 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Estonia (FOB) - 2022

The average export price for silicates; commercial alkali metal silicateses stood at $1,880 per ton in 2022, with an increase of 236% against the previous year. Overall, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($18,329 per ton), while the average price for exports to Lithuania ($505 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 Poland (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates in Estonia

In 2022, supplies from abroad of silicates; commercial alkali metal silicateses decreased by -3.6% to 3.3K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports reached the peak of 3.7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, silicates; commercial alkali metal silicates imports soared to $1.2M in 2022. The total import value increased at an average annual rate of +15.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Import of Silicates; Commercial Alkali Metal Silicates in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland58272074591316.2%
Poland0.32.871.5127650.9%
Netherlands10213378.054.8-18.7%
Germany59.911030.617.1-34.2%
Others38.522.046.480.327.8%
Total7829879721,19215.1%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Estonia in 2022:

  1. Finland (3023.0 tons)
  2. Poland (129.8 tons)
  3. Netherlands (38.9 tons)
  4. Germany (18.0 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Estonia

In 2022, silicates; commercial alkali metal silicates exports from Estonia skyrocketed to 9 tons, with an increase of 18% compared with 2021 figures. Overall, exports, however, showed a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports attained the peak of 29 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, silicates; commercial alkali metal silicates exports surged to $17K in 2022. In general, exports showed buoyant growth.

Export of Silicates; Commercial Alkali Metal Silicates in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland0.1N/A0.26.2295.8%
SwedenN/AN/AN/A2.80%
Latvia0.43.3N/A2.686.6%
PolandN/AN/AN/A2.40%
Lithuania11.313.84.11.8-45.8%
BelarusN/AN/AN/A0.90%
Others0.22.2N/AN/A1000.0%
Total12.019.44.316.811.9%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Estonia in 2022:

  1. Finland (4.0 tons)
  2. Lithuania (3.7 tons)
  3. Latvia (0.7 tons)
  4. Belarus (0.2 tons)
  5. Poland (0.2 tons)
  6. Sweden (0.2 tons)

Source: IndexBox Market Intelligence Platform

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