Price for Silicates; Commercial Alkali Metal Silicates in Italy - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Italy (CIF) - 2023
- Price for Silicates; Commercial Alkali Metal Silicates in Italy (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in Italy
- Exports of Silicates; Commercial Alkali Metal Silicates in Italy
Price for Silicates; Commercial Alkali Metal Silicates in Italy (CIF) - 2023
In August 2023, the average import price for silicates; commercial alkali metal silicateses amounted to $723 per ton, falling by -2.4% against the previous month. In general, the import price saw a slight slump. The most prominent rate of growth was recorded in October 2022 an increase of 46% against the previous month. Over the period under review, average import prices hit record highs at $1,339 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($1,558 per ton), while the price for Egypt ($140 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 (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in Italy (FOB) - 2022
The average export price for silicates; commercial alkali metal silicateses stood at $393 per ton in 2022, growing by 4.7% against the previous year. Overall, the export price, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 13% against the previous year. As a result, the export price reached the peak level of $465 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($588 per ton), while the average price for exports to the Netherlands ($135 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 Slovenia (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; Commercial Alkali Metal Silicates in Italy
In 2022, approx. 35K tons of silicates; commercial alkali metal silicateses were imported into Italy; waning by -44.1% compared with 2021 figures. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 63K tons, and then contracted notably in the following year.
In value terms, silicates; commercial alkali metal silicates imports dropped to $26M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports reached the peak of $28M, and then reduced in the following year.
| Import of Silicates; Commercial Alkali Metal Silicates in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.2 | 4.4 | 6.2 | 7.0 | 18.6% |
| Poland | 2.0 | 1.1 | 2.2 | 5.0 | 35.7% |
| Egypt | 0.3 | N/A | 0.8 | 4.1 | 139.1% |
| Germany | 3.0 | 3.2 | 4.1 | 3.0 | 0.0% |
| Belgium | 1.4 | 1.5 | 1.6 | 1.9 | 10.7% |
| France | 0.9 | 0.7 | 0.9 | 1.1 | 6.9% |
| Spain | 1.2 | 0.2 | 0.6 | 0.8 | -12.6% |
| Greece | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Ukraine | 7.3 | 6.7 | 9.0 | N/A | 11.0% |
| Others | 2.5 | 2.4 | 2.3 | 2.9 | 5.1% |
| Total | 22.9 | 20.3 | 27.9 | 25.9 | 4.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Italy in 2022:
- Egypt (9.6K tons)
- Poland (9.0K tons)
- Netherlands (4.8K tons)
- France (2.3K tons)
- Greece (2.0K tons)
- Belgium (1.8K tons)
- Germany (1.6K tons)
- Spain (1.0K tons)
Exports of Silicates; Commercial Alkali Metal Silicates in Italy
In 2022, approx. 65K tons of silicates; commercial alkali metal silicateses were exported from Italy; jumping by 34% on 2021 figures. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 56% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, silicates; commercial alkali metal silicates exports soared to $25M in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Silicates; Commercial Alkali Metal Silicates in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.8 | 3.8 | 8.6 | 14.5 | 44.6% |
| Slovenia | 1.0 | 1.0 | 1.1 | 1.9 | 23.9% |
| Germany | 0.1 | 0.6 | 2.0 | 1.9 | 166.8% |
| Kuwait | 0.6 | 0.4 | 0.7 | 0.7 | 5.3% |
| Poland | 0.3 | 0.3 | 0.5 | 0.7 | 32.6% |
| Netherlands | 0.5 | 0.5 | 0.5 | 0.6 | 6.3% |
| Hungary | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Romania | 0.2 | 0.4 | 0.3 | 0.4 | 26.0% |
| Others | 2.8 | 2.9 | 4.0 | 4.3 | 15.4% |
| Total | 10.8 | 10.4 | 18.1 | 25.4 | 33.0% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Italy in 2022:
- France (43.4K tons)
- Slovenia (5.3K tons)
- Netherlands (4.4K tons)
- Germany (4.0K tons)
- Poland (1.2K tons)
- Romania (1.0K tons)
- Hungary (0.9K tons)
- Kuwait (0.8K tons)
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