Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain
  4. Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,144 per ton, declining by -63.9% against the previous year. Over the period under review, the import price, however, showed a slight expansion. The pace of growth was the most pronounced in 2013 an increase of 719% against the previous year. Over the period under review, average import prices attained the peak figure at $10,917 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,305 per ton), while the price for India stood at $1,022 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+184.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $8,908 per ton in 2022, surging by 47% against the previous year. Overall, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of 56%. Over the period under review, the average export prices hit record highs at $9,960 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +12.1% per year.

Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain

After three years of growth, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -37.9% to 66 tons in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 459% against the previous year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia dropped remarkably to $76K in 2022. Overall, imports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2021 when imports increased by 233%. As a result, imports reached the peak of $338K, and then fell markedly in the following year.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14.337.375.265.165.7%
Netherlands8.65.69.210.56.9%
ChinaN/A27.5N/AN/A0%
Germany5.7N/A226N/A529.7%
United Arab Emirates20.816.427.3N/A14.6%
Others17.614.70.20.1-82.2%
Total67.110233875.74.1%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Bahrain in 2022:

  1. India (63.7 tons)
  2. Netherlands (2.4 tons)

Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain

In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia exported from Bahrain soared to 1.6 tons, rising by 86% on the previous year. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 278%. As a result, the exports attained the peak of 2.3 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $14K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 379%. As a result, the exports reached the peak of $23K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia4.823.05.114.143.2%
OthersN/AN/AN/AN/A0%
Total4.823.05.114.143.2%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Bahrain in 2022:

  1. Saudi Arabia (1.6 tons)

Source: IndexBox Market Intelligence Platform

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