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

Contents:

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

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

The average import price for silicates; commercial alkali metal silicateses stood at $587 per ton in 2022, picking up by 31% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +62.1% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 48% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($1,649 per ton), while the price for Poland ($328 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for silicates; commercial alkali metal silicateses stood at $1,260 per ton in 2022, growing by 27% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 export price decreased by -29.1% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 35% against the previous year. Over the period under review, the average export prices hit record highs at $1,778 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($8,606 per ton), while the average price for exports to Latvia ($333 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 Belarus (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates in Lithuania

In 2022, overseas purchases of silicates; commercial alkali metal silicateses increased by 53% to 1.6K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $927K in 2022. In general, imports recorded significant growth. 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 Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland19517117440227.3%
United States251327137113-23.4%
Germany19.66.68.510675.5%
Czech Republic1.05.318.988.9346.3%
Finland2.12.261.185.9244.6%
Italy0.65.19.829.8267.6%
Others36.266.953.310341.7%
Total50658446392722.4%

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

  1. Poland (1224.9 tons)
  2. Germany (97.8 tons)
  3. Czech Republic (93.8 tons)
  4. Italy (60.3 tons)
  5. Finland (52.1 tons)
  6. United States (14.6 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Lithuania

In 2022, overseas shipments of silicates; commercial alkali metal silicateses were finally on the rise to reach 107 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt contraction.

In value terms, silicates; commercial alkali metal silicates exports soared to $134K in 2022. Overall, exports, however, continue to indicate a deep reduction.

Export of Silicates; Commercial Alkali Metal Silicates in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus15.815.617.028.922.3%
Russia79.580.827.424.2-32.7%
Latvia17.721.911.922.99.0%
United KingdomN/AN/AN/A21.60%
Netherlands4.66.412.210.933.3%
Estonia9.54.07.47.1-9.3%
Others60.348.914.418.7-32.3%
Total18717890.3134-10.5%

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

  1. Latvia (68.9 tons)
  2. Estonia (13.0 tons)
  3. Russia (11.4 tons)
  4. Belarus (4.7 tons)
  5. United Kingdom (2.5 tons)
  6. Netherlands (2.2 tons)

Source: IndexBox Market Intelligence Platform

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