Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Norway - 2024
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Norway (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Norway (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Norway
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Norway
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Norway (CIF) - 2022
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,495 per ton in 2022, rising by 8.8% against the previous year. Overall, the import price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2014 an increase of 37% against the previous year. The import price peaked at $3,029 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 UK ($5,248 per ton), while the price for Sweden ($694 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 (+10.0%), 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 Norway (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $880 per ton, surging by 25% against the previous year. In general, the export price, however, showed a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 40% against the previous year. Over the period under review, the average export prices attained the maximum at $4,030 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($6,566 per ton), while the average price for exports to Sweden amounted to $785 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+21.5%), 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 Norway
For the fourth year in a row, Norway recorded growth in overseas purchases of silicates; commercial alkali metal silicates, other than of sodium or potassia, which increased by 12% to 566 tons in 2022. The total import volume increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 19%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $846K in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 260 | 287 | 299 | 281 | 2.6% |
| Netherlands | 203 | 8.9 | 57.1 | 257 | 8.2% |
| Germany | 107 | 117 | 146 | 103 | -1.3% |
| Italy | 53.4 | 46.4 | 73.4 | 69.8 | 9.3% |
| United Kingdom | 2.5 | 17.6 | 3.6 | 61.9 | 191.5% |
| Denmark | 8.7 | 3.5 | 2.8 | 18.6 | 28.8% |
| Czech Republic | 4.1 | 14.5 | 3.3 | 15.2 | 54.8% |
| Others | 117 | 80.7 | 112 | 39.3 | -30.5% |
| Total | 756 | 576 | 697 | 846 | 3.8% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Norway in 2022:
- Sweden (405.0 tons)
- Netherlands (62.1 tons)
- Germany (27.1 tons)
- Italy (25.0 tons)
- Denmark (21.1 tons)
- United Kingdom (11.8 tons)
- Czech Republic (11.5 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Norway
In 2022, overseas shipments of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -29.7% to 397 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 565 tons, and then reduced sharply in the following year.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia declined to $350K in 2022. Over the period under review, exports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $399K, and then dropped in the following year.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 199 | 276 | 309 | 306 | 15.4% |
| Denmark | 36.5 | 15.9 | 54.5 | 19.5 | -18.9% |
| Spain | 96.0 | 12.2 | N/A | N/A | -87.3% |
| Russia | N/A | 10.1 | 17.8 | N/A | 76.2% |
| Others | 35.3 | 10.0 | 17.8 | 23.6 | -12.6% |
| Total | 366 | 325 | 399 | 350 | -1.5% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Norway in 2022:
- Sweden (390.5 tons)
- Denmark (3.0 tons)
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