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

Contents:

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

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

The average import price for silicates; commercial alkali metal silicateses stood at $823 per ton in 2022, increasing by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,241 per ton), while the price for Egypt ($456 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for silicates; commercial alkali metal silicateses stood at $1,424 per ton in 2022, surging by 11% against the previous year. In general, the export price continues to indicate a noticeable expansion. The growth pace was the most rapid in 2020 an increase of 246% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 Cyprus ($1,795 per ton), while the average price for exports to Bulgaria ($684 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 North Macedonia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates in Greece

After three years of growth, purchases abroad of silicates; commercial alkali metal silicateses decreased by -6.5% to 2.3K tons in 2022. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year.

In value terms, silicates; commercial alkali metal silicates imports soared to $1.9M in 2022. The total import value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; Commercial Alkali Metal Silicates in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain38149442260116.4%
Egypt68.712525552496.8%
Belgium93.416521721932.9%
Germany83.515018113417.1%
Netherlands13613892.8120-4.1%
Austria10390.975.385.7-5.9%
Romania22213.7N/A6.4-69.3%
Others259288326191-9.7%
Total1,3471,4651,5691,88211.8%

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

  1. Egypt (1150.0 tons)
  2. Spain (484.8 tons)
  3. Belgium (203.8 tons)
  4. Germany (154.9 tons)
  5. Netherlands (126.4 tons)
  6. Austria (80.3 tons)
  7. Romania (0.5 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Greece

In 2022, overseas shipments of silicates; commercial alkali metal silicateses were finally on the rise to reach 40 tons after two years of decline. Overall, exports, however, showed a significant contraction.

In value terms, silicates; commercial alkali metal silicates exports soared to $57K in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

Export of Silicates; Commercial Alkali Metal Silicates in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A27.70%
Albania22.753.818.616.0-11.0%
Cyprus2.60.81.48.146.1%
North Macedonia1.50.72.93.735.1%
RomaniaN/A1.49.01.3-3.6%
Bulgaria8.20.72.60.1-77.0%
Mozambique2.1N/AN/AN/A0%
Brazil9.7N/AN/AN/A0%
OthersN/A1.17.3N/A563.6%
Total46.858.441.856.96.7%

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

  1. Qatar (20.1 tons)
  2. Albania (11.6 tons)
  3. Cyprus (4.5 tons)
  4. North Macedonia (2.6 tons)
  5. Romania (1.1 tons)
  6. Bulgaria (0.1 tons)

Source: IndexBox Market Intelligence Platform

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