Price for Silicates; Commercial Alkali Metal Silicates in Ukraine - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Ukraine (FOB) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Ukraine (CIF) - 2023
- Exports of Silicates; Commercial Alkali Metal Silicates in Ukraine
- Imports of Silicates; Commercial Alkali Metal Silicates in Ukraine
Price for Silicates; Commercial Alkali Metal Silicates in Ukraine (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $593 per ton, surging by 132% against the previous year. Over the period under review, the export price saw buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,234 per ton), while the average price for exports to Bulgaria ($348 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 Switzerland (+40.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in Ukraine (CIF) - 2023
The average import price for silicates; commercial alkali metal silicateses stood at $1,008 per ton in August 2023, with a decrease of -8.8% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average import price increased by 67% against the previous month. As a result, import price reached the peak level of $1,879 per ton. From November 2022 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Poland ($991 per ton), while the price for Egypt ($560 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+49.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Silicates; Commercial Alkali Metal Silicates in Ukraine
In 2022, shipments abroad of silicates; commercial alkali metal silicateses decreased by -90% to 5.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 55K tons, and then fell significantly in the following year.
In value terms, silicates; commercial alkali metal silicates exports dropped rapidly to $3.2M in 2022. Overall, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, the exports reached the peak of $14M, and then dropped significantly in the following year.
| Export of Silicates; Commercial Alkali Metal Silicates in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 1.0 | 1.4 | 40.0% |
| Turkey | 1.0 | 1.0 | 4.2 | 1.3 | 9.1% |
| Bulgaria | N/A | 0.1 | 0.4 | 0.2 | 41.4% |
| Belarus | 0.6 | 0.7 | 0.6 | 0.1 | -45.0% |
| Russia | 0.8 | 0.4 | 0.1 | N/A | -64.6% |
| Moldova | N/A | N/A | N/A | N/A | 0% |
| France | 1.2 | 0.2 | N/A | N/A | -83.3% |
| Italy | 5.3 | 5.7 | 6.4 | N/A | 9.9% |
| Romania | N/A | 0.1 | 0.5 | N/A | 400.0% |
| Others | 0.1 | 0.3 | 0.8 | 0.2 | 26.0% |
| Total | 9.1 | 8.6 | 13.9 | 3.2 | -29.4% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Ukraine in 2022:
- Turkey (3172.8 tons)
- Switzerland (1155.0 tons)
- Bulgaria (717.0 tons)
- Moldova (111.2 tons)
- Belarus (76.5 tons)
- Russia (0.2 tons)
Imports of Silicates; Commercial Alkali Metal Silicates in Ukraine
In 2022, after three years of growth, there was significant decline in supplies from abroad of silicates; commercial alkali metal silicateses, when their volume decreased by -67.2% to 2.1K tons. Overall, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of 6.4K tons, and then shrank rapidly in the following year.
In value terms, silicates; commercial alkali metal silicates imports shrank markedly to $1.5M in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $3M, and then dropped markedly in the following year.
| Import of Silicates; Commercial Alkali Metal Silicates in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,354 | 1,043 | 1,438 | 818 | -15.5% |
| Czech Republic | 7.0 | N/A | N/A | 177 | 193.5% |
| Belarus | 434 | 416 | 574 | 120 | -34.9% |
| Russia | 132 | 147 | 271 | 74.5 | -17.4% |
| Belgium | 22.1 | 13.7 | 30.6 | 38.3 | 20.1% |
| China | 69.2 | 97.0 | 69.3 | 36.7 | -19.1% |
| Others | 506 | 772 | 648 | 265 | -19.4% |
| Total | 2,524 | 2,490 | 3,031 | 1,530 | -15.4% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Ukraine in 2022:
- Poland (933.6 tons)
- Belarus (503.3 tons)
- Russia (414.0 tons)
- Czech Republic (63.0 tons)
- China (52.1 tons)
- Belgium (40.2 tons)
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