Price for Silicates; Commercial Alkali Metal Silicates in Oman - 2021

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $366 per ton, increasing by 2.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $373 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,278 per ton), while the price for Spain ($68 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for silicates; commercial alkali metal silicateses stood at $326 per ton in 2022, waning by -22.4% against the previous year. In general, the export price, however, saw tangible growth. The growth pace was the most rapid in 2013 an increase of 83% against the previous year. The export price peaked at $877 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($369 per ton), while the average price for exports to Kuwait ($250 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 Free Zones (+25.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Silicates; Commercial Alkali Metal Silicates in Oman

In 2022, overseas purchases of silicates; commercial alkali metal silicateses were finally on the rise to reach 5.8K tons after two years of decline. Over the period under review, imports, however, recorded a abrupt setback.

In value terms, silicates; commercial alkali metal silicates imports surged to $2.1M in 2022. In general, imports, however, continue to indicate a abrupt downturn.

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

1. Saudi Arabia (3815.1 tons)
2. Iran (713.1 tons)
3. Egypt (433.4 tons)
4. Spain (407.4 tons)
5. United Arab Emirates (144.7 tons)
6. France (92.2 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Oman

In 2022, shipments abroad of silicates; commercial alkali metal silicateses increased by 43% to 2K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a pronounced curtailment.

In value terms, silicates; commercial alkali metal silicates exports rose rapidly to $641K in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. As a result, the exports reached the peak of $705K. From 2021 to 2022, the growth of the exports remained at a lower figure.

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

1. Qatar (1140.2 tons)
2. United Arab Emirates (724.8 tons)
3. Kuwait (99.1 tons)

Source: IndexBox Market Intelligence Platform