Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sri Lanka - 2022

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $636 per ton, surging by 3% against the previous year. In general, the import price, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2018 an increase of 44% against the previous year. As a result, import price reached the peak level of $1,286 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,839 per ton), while the price for China ($500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.8%), 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 Sri Lanka (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $503 per ton in 2022, falling by -53.7% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 14%. Over the period under review, the average export prices reached the peak figure at $1,432 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2014 to 2022, the rate of growth in terms of prices for Australia amounted to -24.7% per year.

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

After three years of growth, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -58.5% to 245 tons in 2022. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of 591 tons, and then shrank rapidly in the following year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia declined sharply to $156K in 2022. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 103%. As a result, imports attained the peak of $365K, and then reduced rapidly in the following year.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India37.822.110369.522.5%
China10287.118868.2-12.6%
United States6.111.815.09.515.9%
Thailand7.528.633.91.7-39.0%
Taiwan (Chinese)36.515.84.3N/A-65.7%
Others18.014.720.57.1-26.7%
Total208180365156-9.1%

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

  1. China (136.4 tons)
  2. India (99.7 tons)
  3. United States (5.2 tons)
  4. Thailand (1.1 tons)

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

In 2022, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia from Sri Lanka soared to 9 tons, increasing by 1,097% compared with the previous year. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $4.5K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia0.10.30.14.5255.7%
JapanN/AN/A0.7N/A0%
OthersN/AN/AN/AN/A0%
Total0.10.30.84.5255.7%

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

  1. Australia (9.0 tons)

Source: IndexBox Market Intelligence Platform

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