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

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $2,131 per ton, falling by -13.6% against the previous year. In general, the import price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 285% against the previous year. Over the period under review, average import prices hit record highs at $4,288 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Germany ($5,075 per ton), while the price for Romania ($960 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.1%), 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 Bulgaria (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,634,686 per ton in 2022, picking up by 25,141% against the previous year. Over the period under review, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($6,903,500 per ton), while the average price for exports to North Macedonia ($209,000 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 North Macedonia (+3,127.3%).

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

In 2022, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Bulgaria surged to 86 tons, picking up by 164% against 2021 figures. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $183K in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany35.632.348.546.49.2%
ChinaN/AN/AN/A35.80%
Austria3.90.31.725.386.5%
Turkey12.4N/A10.719.917.1%
Hungary0.2N/A0.914.1313.1%
Poland5.04.75.910.829.3%
Italy16.5N/AN/A7.0-24.9%
Spain0.7N/AN/A4.687.3%
Czech RepublicN/AN/AN/A4.10%
RomaniaN/AN/AN/A3.20%
Belgium19.327.66.31.4-58.3%
Others9.713.16.210.11.4%
Total10378.180.118321.1%

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

  1. Turkey (20.0 tons)
  2. Austria (16.7 tons)
  3. China (11.3 tons)
  4. Hungary (11.2 tons)
  5. Germany (9.1 tons)
  6. Poland (3.6 tons)
  7. Spain (3.5 tons)
  8. Czech Republic (3.4 tons)
  9. Romania (3.3 tons)
  10. Italy (2.5 tons)
  11. Belgium (0.2 tons)

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

In 2022, approx. 35 kg of silicates; commercial alkali metal silicates, other than of sodium or potassia were exported from Bulgaria; waning by -16.7% compared with 2021 figures. Over the period under review, exports recorded a abrupt decline.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $57K in 2022. In general, exports, however, continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bulgaria (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United Arab EmiratesN/A41.20%
United KingdomN/A13.80%
Bosnia and HerzegovinaN/A2.00%
North Macedonia0.30.2-33.3%
OthersN/AN/A0%
Total0.357.218966.7%

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

  1. United Arab Emirates (31.0 kg)
  2. United Kingdom (2.0 kg)
  3. Bosnia and Herzegovina (1.0 kg)
  4. North Macedonia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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