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

Contents:

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

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

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $2,634 per ton in 2022, growing by 40% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +52.5% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($2,635 per ton) and the United States ($2,634 per ton), while the price for Italy ($2,634 per ton) and Finland ($2,634 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+8.3%), 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 Israel (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $7,156 per ton in 2022, increasing by 30% against the previous year. Overall, the export price recorded significant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 450%. Over the period under review, the average export prices reached the maximum at $29,294 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 India ($9,071 per ton), while the average price for exports to Russia ($2,193 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 Canada (+36.3%), 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 Israel

In 2022, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -41.5% to 214 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 3.7%. As a result, imports reached the peak of 392 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia shrank dramatically to $563K in 2022. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 3.2% against the previous year.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy85.011910121636.5%
United States380314347158-25.4%
China10.06.01.038.056.0%
Germany64.068.077.029.0-23.2%
NetherlandsN/A19.04.025.014.7%
BelgiumN/A87.01.021.0-50.9%
Finland4.0N/A6.020.071.0%
Japan64.021.066.018.0-34.5%
Others49.043.085.038.0-8.1%
Total656677688563-5.0%

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

  1. Italy (82.0 tons)
  2. United States (60.0 tons)
  3. China (14.4 tons)
  4. Germany (11.0 tons)
  5. Netherlands (9.5 tons)
  6. Belgium (8.0 tons)
  7. Finland (7.6 tons)
  8. Japan (6.8 tons)

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

In 2022, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia from Israel rose markedly to 11 tons, with an increase of 9.2% against 2021 figures. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 520% against the previous year. As a result, the exports reached the peak of 27 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 skyrocketed to $82K in 2022. Over the period under review, exports, however, saw a deep contraction.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India35.611644.975.028.2%
ChinaN/A34.711.45.0-62.0%
RussiaN/AN/AN/A2.00%
Others92.61.51.6N/A-86.9%
Total12815257.882.0-13.8%

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

  1. India (8.3 tons)
  2. China (2.3 tons)
  3. Russia (0.9 tons)

Source: IndexBox Market Intelligence Platform

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