Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia (CIF) - 2022
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,184 per ton in 2022, rising by 29% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicates; commercial alkali metal silicates, other than of sodium or potassia increased by +96.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,051 per ton), while the price for Germany amounted to $528 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+23.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia (FOB) - 2022
The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,776 per ton in 2022, rising by 25% against the previous year. Overall, the export price saw strong growth. The growth pace was the most rapid in 2016 when the average export price increased by 260%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
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 Belarus ($4,819 per ton), while the average price for exports to Finland ($1,069 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 Ukraine (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia
Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Estonia stood at 121 tons in 2022, remaining relatively unchanged against the year before. In general, imports saw strong growth. The pace of growth was the most pronounced in 2020 with an increase of 124%. As a result, imports reached the peak of 211 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $144K in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 106% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | 70.0 | 123 | 75.7% |
| Germany | 55.8 | 93.8 | 16.2 | 0.7 | -76.8% |
| Netherlands | N/A | 6.2 | 5.2 | N/A | -16.1% |
| Others | 5.9 | 27.5 | 19.3 | 19.9 | 50.0% |
| Total | 61.7 | 127 | 111 | 144 | 32.6% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Estonia in 2022:
- Poland (117.2 tons)
- Germany (1.2 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia
In 2022, overseas shipments of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -33.9% to 2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a significant decrease. The growth pace was the most rapid in 2020 with an increase of 66%. As a result, the exports attained the peak of 7.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia declined sharply to $3.5K in 2022. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 68%. As a result, the exports reached the peak of $8K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 4.3 | 3.7 | 4.1 | 1.8 | -25.2% |
| Belarus | N/A | N/A | N/A | 0.9 | 0% |
| Latvia | N/A | 2.5 | N/A | 0.5 | -55.3% |
| Finland | 0.1 | N/A | 0.2 | 0.3 | 44.2% |
| Russia | 0.2 | 1.8 | N/A | N/A | 800.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.8 | 8.0 | 4.2 | 3.5 | -10.0% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Estonia in 2022:
- Lithuania (1102.0 kg)
- Latvia (430.0 kg)
- Finland (247.0 kg)
- Belarus (188.0 kg)
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