Price for Silicates; Commercial Alkali Metal Silicates in the United Arab Emirates - 2021

Contents:

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

Price for Silicates; Commercial Alkali Metal Silicates in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $1,204 per ton, surging by 27% against the previous year. Overall, the import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 81%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5,530 per ton), while the price for Iran ($252 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $967 per ton, increasing by 106% against the previous year. Overall, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($2,327 per ton), while the average price for exports to Bahrain ($378 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 Turkey (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates in the United Arab Emirates

For the third year in a row, the United Arab Emirates recorded decline in overseas purchases of silicates; commercial alkali metal silicateses, which decreased by -0.8% to 4.6K tons in 2022. Overall, imports saw a sharp setback.

In value terms, silicates; commercial alkali metal silicates imports surged to $5.5M in 2022. In general, imports showed a relatively flat trend pattern.

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to the United Arab Emirates in 2022:

1. Saudi Arabia (1261.6 tons)
2. Egypt (1026.5 tons)
3. Japan (412.0 tons)
4. China (359.1 tons)
5. Iran (301.2 tons)
6. India (233.8 tons)
7. Pakistan (188.9 tons)
8. Belgium (147.4 tons)
9. Netherlands (136.8 tons)
10. United States (133.0 tons)
11. Italy (78.5 tons)
12. France (74.6 tons)
13. Oman (1.3 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in the United Arab Emirates

In 2022, overseas shipments of silicates; commercial alkali metal silicateses decreased by -97.7% to 782 tons, falling for the second year in a row after two years of growth. In general, exports recorded a significant decrease. The pace of growth was the most pronounced in 2020 when exports increased by 1.4%. As a result, the exports reached the peak of 70K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, silicates; commercial alkali metal silicates exports contracted notably to $756K in 2022. Overall, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2020 with an increase of 89% against the previous year. As a result, the exports reached the peak of $18M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from the United Arab Emirates in 2022:

1. Bahrain (166.1 tons)
2. Saudi Arabia (161.2 tons)
3. Oman (104.2 tons)
4. Kuwait (60.2 tons)
5. South Korea (49.7 tons)
6. Turkey (48.3 tons)
7. Qatar (31.6 tons)
8. Egypt (23.7 tons)
9. Uzbekistan (19.1 tons)
10. Norway (16.6 tons)
11. Singapore (15.0 tons)
12. Ghana (14.1 tons)
13. Mauritius (13.3 tons)

Source: IndexBox Market Intelligence Platform