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

Contents:

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

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

In December 2021, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $268 per ton, waning by -93.1% against the previous month. Overall, the import price, however, recorded moderate growth. The pace of growth appeared the most rapid in November 2021 when the average import price increased by 1,430% against the previous month. As a result, import price reached the peak level of $3,891 per ton, and then fell sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was China ($439 per ton), while the price for India ($232 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $368 per ton, flattening at the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price decreased by -39.1% against the previous year. Over the period under review, the average export prices attained the maximum at $859 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($390 per ton), while the average price for exports to Zambia totaled $365 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (-7.2%).

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

Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Tanzania reduced modestly to 5.7K tons in 2022, waning by -4.3% on the previous year. In general, imports continue to indicate a precipitous descent.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia reduced to $1.9M in 2022. Overall, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 26%.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1772408071,11884.9%
India687642447433-14.3%
Pakistan43.961.911920667.4%
Kenya1,60823538.4192-50.8%
United Arab Emirates132113132N/A0.0%
Others414332497N/A9.6%
Total3,0621,6242,0391,949-14.0%

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

  1. India (3.2K tons)
  2. China (1.2K tons)
  3. Pakistan (0.8K tons)
  4. Kenya (0.5K tons)

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

In 2022, approx. 990 tons of silicates; commercial alkali metal silicates, other than of sodium or potassia were exported from Tanzania; stabilizing at 2021 figures. Overall, exports continue to indicate a significant expansion. The smallest decline of -98.2% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia totaled $365K in 2022. Over the period under review, exports enjoyed a significant increase. The smallest decline of -99.3% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ZambiaN/AN/AN/A3060%
CanadaN/AN/AN/A58.50%
Mozambique113N/AN/AN/A0%
OthersN/A0.8N/AN/A0%
Total1130.8N/A36547.8%

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

  1. Zambia (840.0 tons)
  2. Canada (150.0 tons)

Source: IndexBox Market Intelligence Platform

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