Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia (CIF) - 2023
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia (CIF) - 2023
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $999 per ton in September 2023, picking up by 8.2% against the previous month. Overall, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in July 2023 an increase of 88% m-o-m. The import price peaked at $3,462 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($3,188 per ton), while the price for Malaysia amounted to $384 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $1,079 per ton in 2022, falling by -51.1% against the previous year. Overall, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 90%. The export price peaked at $2,206 per ton in 2021, and then shrank remarkably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($2,459 per ton), while the average price for exports to New Zealand ($737 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 New Zealand (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s imported into Australia surged to 3K tons, picking up by 45% compared with 2021 figures. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 113% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s surged to $3.7M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 129 | 470 | 1,654 | 258.1% |
| Netherlands | 495 | 345 | 543 | 430 | -4.6% |
| Malaysia | N/A | 42.8 | 170 | 422 | 214.0% |
| China | 182 | 147 | 306 | 328 | 21.7% |
| India | 116 | 26.9 | N/A | 277 | 33.7% |
| United States | 136 | 163 | 154 | 207 | 15.0% |
| Poland | 162 | 125 | N/A | 53.7 | -30.8% |
| Others | 143 | 128 | 236 | 315 | 30.1% |
| Total | 1,234 | 1,107 | 1,879 | 3,686 | 44.0% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Australia in 2022:
- China (840.6 tons)
- Malaysia (672.0 tons)
- France (586.2 tons)
- India (400.0 tons)
- Netherlands (365.5 tons)
- United States (52.8 tons)
- Poland (17.6 tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia
After two years of decline, shipments abroad of silicates; of sodium (excluding sodium metasilicates)s increased by 83% to 1.1K tons in 2022. Overall, exports, however, showed a sharp reduction.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s contracted to $1.1M in 2022. Over the period under review, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 9.6%.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,195 | 491 | 477 | 703 | -16.2% |
| Papua New Guinea | 231 | 231 | N/A | 84.4 | -28.5% |
| India | N/A | N/A | 24.2 | 43.3 | 78.9% |
| Others | 198 | 432 | 763 | 305 | 15.5% |
| Total | 1,624 | 1,153 | 1,264 | 1,135 | -11.3% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Australia in 2022:
- New Zealand (954.2 tons)
- Papua New Guinea (34.3 tons)
- India (24.8 tons)
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