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

Contents:

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

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

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $2,928 per ton in 2022, shrinking by -10.2% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 +26.1% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 67%. As a result, import price attained the peak level of $3,969 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($117,000 per ton), while the price for Belgium ($1,993 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+87.8%), 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 Luxembourg (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $11,802 per ton in 2022, shrinking by -62.2% against the previous year. In general, the export price, however, recorded a moderate increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 164%. As a result, the export price reached the peak level of $43,024 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($35,000 per ton), while the average price for exports to Germany ($5,684 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 France (+6.9%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -44.2% to 12 tons in 2022. In general, imports, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. As a result, imports attained the peak of 22 tons, and then shrank remarkably in the following year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia dropped markedly to $36K in 2022. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 131%. As a result, imports attained the peak of $72K, and then declined dramatically in the following year.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.615.727.019.744.0%
Belgium1.511.639.315.4117.3%
France1.93.72.90.2-52.8%
China10.1N/A0.2N/A-85.9%
Others8.4N/A2.10.6-58.5%
Total28.531.071.535.98.0%

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

  1. Belgium (7.7 tons)
  2. Germany (4.3 tons)

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

In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia exported from Luxembourg soared to 1.7 tons, surging by 1,524% compared with 2021 figures. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 3,875% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $21K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 10,406% against the previous year. As a result, the exports attained the peak of $62K. 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 Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.6N/A0.119.2217.5%
GermanyN/A0.1N/A0.8182.8%
FranceN/A61.53.30.6-90.1%
OthersN/AN/AN/AN/A0%
Total0.661.63.320.5224.5%

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

  1. Belgium (1588.0 kg)
  2. Germany (133.0 kg)
  3. France (17.0 kg)

Source: IndexBox Market Intelligence Platform

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