Price for Silicates; Commercial Alkali Metal Silicates in Russia - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Russia (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Russia (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Russia
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Russia

Price for Silicates; Commercial Alkali Metal Silicates in Russia (CIF) - 2022

The average import price for silicates; commercial alkali metal silicateses stood at $400 per ton in 2022, shrinking by -8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $435 per ton, and then shrank in the following year.

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 Netherlands ($2,268 per ton), while the price for Ukraine ($178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Russia (FOB) - 2022

In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $314 per ton, reducing by -5.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 48% against the previous year. The export price peaked at $350 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($961 per ton), while the average price for exports to Italy ($163 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Silicates; Commercial Alkali Metal Silicates in Russia

In 2022, supplies from abroad of silicates; commercial alkali metal silicateses was finally on the rise to reach 40K tons after two years of decline. Overall, imports, however, continue to indicate a perceptible decline.

In value terms, silicates; commercial alkali metal silicates imports amounted to $16M in 2022. In general, imports, however, saw a perceptible setback.

Import of Silicates; Commercial Alkali Metal Silicates in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus8.77.96.75.3-15.2%
China1.61.72.74.642.2%
Ukraine0.70.40.41.939.5%
Netherlands3.02.73.31.8-15.7%
Belgium0.50.60.50.921.6%
Others3.32.92.11.5-23.1%
Total17.816.115.916.0-3.5%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Russia in 2022:

  1. Belarus (19.1K tons)
  2. Ukraine (10.9K tons)
  3. China (6.8K tons)
  4. Belgium (1.3K tons)
  5. Netherlands (0.8K tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Russia

Silicates; commercial alkali metal silicates exports from Russia dropped to 7.3K tons in 2022, with a decrease of -9% on the previous year's figure. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, the exports attained the peak of 8K tons, and then declined in the following year.

In value terms, silicates; commercial alkali metal silicates exports declined to $2.3M in 2022. Over the period under review, exports recorded a slight downturn. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, the exports attained the peak of $2.7M, and then reduced in the following year.

Export of Silicates; Commercial Alkali Metal Silicates in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1,1521,0121,283739-13.8%
ItalyN/AN/AN/A4360%
Uzbekistan58.474.542.939188.5%
Turkmenistan11669.080.921222.3%
Armenia86.046.254.719431.1%
Ukraine384275596165-24.5%
Belarus291274339101-29.7%
Mongolia80.07.565.212.6-46.0%
Kyrgyzstan65.462.467.3N/A1.4%
Others13992.013739.2-34.4%
Total2,3721,9132,6682,290-1.2%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Russia in 2022:

  1. Italy (2679.1 tons)
  2. Kazakhstan (2259.9 tons)
  3. Ukraine (885.7 tons)
  4. Uzbekistan (406.8 tons)
  5. Turkmenistan (404.8 tons)
  6. Armenia (398.7 tons)
  7. Belarus (179.7 tons)
  8. Mongolia (42.9 tons)

Source: IndexBox Market Intelligence Platform

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