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

Contents:

1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Poland (FOB) - 2023
2. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Poland (CIF) - 2022
3. Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Poland
4. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Poland

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Poland (FOB) - 2023

In October 2023, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,356 per ton, surging by 9.1% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $1,467 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($1,447 per ton), while the average price for exports to Moldova ($420 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $7,377 per ton in 2022, growing by 12% against the previous year. Over the period under review, the import price posted a strong expansion. The growth pace was the most rapid in 2021 when the average import price increased by 45%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 Japan ($17,464 per ton), while the price for Finland ($475 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -1.3% to 6.4K tons in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $7.6M in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 59% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

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

1. Germany (2478.8 tons)
2. Denmark (1091.6 tons)
3. Switzerland (796.7 tons)
4. Austria (699.7 tons)
5. Hungary (362.6 tons)
6. Czech Republic (244.0 tons)
7. Philippines (216.9 tons)
8. Sweden (174.9 tons)

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

In 2022, approx. 884 tons of silicates; commercial alkali metal silicates, other than of sodium or potassia were imported into Poland; reducing by -28.9% on the previous year's figure. In general, imports faced a abrupt setback. The smallest decline of -5% was in 2021.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia dropped remarkably to $6.5M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, imports reached the peak of $8.2M, and then reduced sharply in the following year.

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

1. Japan (255.9 tons)
2. Netherlands (159.8 tons)
3. Germany (157.0 tons)
4. Austria (73.3 tons)
5. Spain (51.3 tons)
6. Finland (46.0 tons)
7. Italy (41.5 tons)
8. United States (3.8 tons)
9. France (1.3 tons)

Source: IndexBox Market Intelligence Platform