Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Algeria - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Algeria (CIF) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Algeria
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Algeria (CIF) - 2022
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $417 per ton in 2022, increasing by 12% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 32%. Over the period under review, average import prices hit record highs at $823 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 the United States ($2,161 per ton), while the price for Germany ($190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.7%), while the prices for the other major suppliers experienced a decline.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Algeria
In 2022, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -1.8% to 3.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 93%.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia totaled $1.5M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.9% 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 decreased by -8.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 107%. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 201 | 264 | 235 | 361 | 21.6% |
United States | 88.4 | 220 | 171 | 263 | 43.8% |
Spain | 240 | 742 | 632 | 251 | 1.5% |
Netherlands | 88.4 | 122 | 113 | 208 | 33.0% |
Egypt | 23.4 | 101 | 78.4 | 120 | 72.4% |
Germany | 76.2 | 80.3 | 57.1 | 80.1 | 1.7% |
Others | 44.1 | 50.1 | 36.9 | 168 | 56.2% |
Total | 762 | 1,579 | 1,324 | 1,451 | 23.9% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Algeria in 2022:
- Czech Republic (1339.3 tons)
- Spain (1012.7 tons)
- Germany (422.3 tons)
- Netherlands (371.2 tons)
- Egypt (134.0 tons)
- United States (121.8 tons)
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