Price for Silicates; Commercial Alkali Metal Silicates in Jordan - 2022

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $586 per ton, growing by 23% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates import price increased by +82.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($576 per ton), while the price for China stood at $536 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.8%).

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

In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $2,433 per ton, dropping by -22.2% against the previous year. Over the period under review, the export price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the maximum at $3,125 per ton in 2021, and then fell rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Bangladesh amounted to +41.5% per year.

Imports of Silicates; Commercial Alkali Metal Silicates in Jordan

Silicates; commercial alkali metal silicates imports into Jordan soared to 6.3K tons in 2022, increasing by 33% against the year before. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; commercial alkali metal silicates imports surged to $3.7M in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Silicates; Commercial Alkali Metal Silicates in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1,3841,4721,8162,63624.0%
China15813298.880672.1%
Egypt57.464.518.920.3-29.3%
Others15427232724416.6%
Total1,7541,9412,2603,70728.3%

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

  1. Egypt (undefinedK tons)
  2. Saudi Arabia (4.6K tons)
  3. China (1.5K tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Jordan

After three years of growth, shipments abroad of silicates; commercial alkali metal silicateses decreased by -99.5% to 2.7 tons in 2022. In general, exports showed a dramatic slump. The pace of growth appeared the most rapid in 2020 when exports increased by 6.3% against the previous year.

In value terms, silicates; commercial alkali metal silicates exports contracted significantly to $6.7K in 2022. Overall, exports saw a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $1.6M, and then shrank sharply in the following year.

Export of Silicates; Commercial Alkali Metal Silicates in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1.01.01.16.788.5%
Qatar4.25.16.2N/A21.5%
Israel1,0721,2831,535N/A19.7%
Lebanon1.42.02.9N/A43.9%
Others14.119.427.9N/A40.7%
Total1,0921,3111,5736.7-81.7%

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

  1. Saudi Arabia (2.7 tons)

Source: IndexBox Market Intelligence Platform

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