Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Oman - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Oman (CIF) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Oman
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Oman (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,279 per ton, reducing by -70.9% against the previous year. Overall, the import price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 297% against the previous year. Over the period under review, average import prices hit record highs at $4,410 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 the United States ($3,000 per ton), while the price for India totaled $1,272 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+76.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Oman
In 2022, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -81.8% to 8.7 tons, falling for the second year in a row after two years of growth. Overall, imports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 351%. As a result, imports reached the peak of 79 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 dropped notably to $11K in 2022. Over the period under review, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 449%. As a result, imports reached the peak of $350K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 0.3 | 0.4 | 11.0 | 505.5% |
| Belgium | 2.1 | 85.7 | 60.9 | N/A | 438.5% |
| United States | 34.8 | 55.6 | 24.7 | N/A | -15.8% |
| United Arab Emirates | 11.6 | 129 | 40.8 | N/A | 87.5% |
| Australia | N/A | N/A | 24.7 | N/A | 0% |
| Saudi Arabia | 11.2 | 59.4 | 42.2 | N/A | 94.1% |
| Others | 4.2 | 20.4 | 15.6 | 0.1 | -71.2% |
| Total | 63.8 | 350 | 209 | 11.1 | -44.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Oman in 2022:
- India (8.6 tons)
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