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

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $428 per ton, rising by 7.6% against the previous year. Overall, the import price, however, saw a perceptible contraction. The growth pace was the most rapid in 2019 an increase of 18%. As a result, import price reached the peak level of $703 per ton. From 2020 to 2022, the average import prices remained 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 Egypt ($11,500 per ton), while the price for Saudi Arabia ($257 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+47.2%), 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 Sudan

In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia imported into Sudan expanded markedly to 42 tons, picking up by 9.7% compared with the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% 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 decreased by -1.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 60% against the previous year. As a result, imports attained the peak of 42 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $18K in 2022. Overall, imports, however, showed a slight descent.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia8.713.310.910.46.1%
China4.71.60.93.1-13.0%
Others5.25.73.44.4-5.4%
Total18.620.615.217.9-1.3%

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

  1. Saudi Arabia (40.3 tons)
  2. China (1.2 tons)

Source: IndexBox Market Intelligence Platform

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