Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Belgium - 2023

Contents:

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

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

In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $3,048 per ton, falling by -12.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 27% against the previous year. As a result, the export price attained the peak level of $3,500 per ton, and then contracted in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,391 per ton), while the average price for exports to France ($2,007 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 the United States (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,870 per ton in 2022, rising by 17% against the previous year. In general, the import price continues to indicate a tangible expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 38%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 ($2,972 per ton), while the price for Germany ($830 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 (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -29% to 2.6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, the exports attained the peak of 4.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia reduced dramatically to $8M in 2022. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.72.11.92.818.1%
Netherlands2.12.23.22.10.0%
Italy0.60.60.90.60.0%
Germany0.30.50.70.626.0%
United States1.20.71.00.2-45.0%
China2.52.00.80.1-65.8%
Others1.93.54.51.5-7.6%
Total10.211.512.98.0-7.8%

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

  1. France (1404.3 tons)
  2. Netherlands (634.8 tons)
  3. Germany (190.2 tons)
  4. Italy (115.5 tons)
  5. United States (37.7 tons)
  6. China (27.0 tons)

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

In 2022, purchases abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -7.3% to 3.3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 16%.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia reached $6.2M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5171,5261,4072,34715.7%
Netherlands6825821,4011,29924.0%
United States4873761,0401,06029.6%
Germany30746485665028.4%
France176190270148-5.6%
SpainN/AN/A38.6107177.2%
Czech Republic20.811.730.978.155.4%
Others926778635473-20.1%
Total4,1173,9295,6796,16114.4%

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

  1. China (1337.5 tons)
  2. Germany (783.0 tons)
  3. Netherlands (455.8 tons)
  4. United States (356.6 tons)
  5. Spain (105.2 tons)
  6. Czech Republic (76.4 tons)
  7. France (74.7 tons)

Source: IndexBox Market Intelligence Platform

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