Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria - 2023

Contents:

  1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria (CIF) - 2023
  2. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria (FOB) - 2022
  3. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria
  4. Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria (CIF) - 2023

In August 2023, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $464 per ton, increasing by 7.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 25% month-to-month. As a result, import price attained the peak level of $567 per ton. From December 2022 to August 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($715 per ton), while the price for the Czech Republic ($297 per ton) was amongst the lowest.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), while the prices for the other major suppliers experienced a decline.

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria (FOB) - 2022

The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $580 per ton in 2022, flattening at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 17%. The export price peaked at $637 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($860 per ton), while the average price for exports to Slovenia ($288 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 Slovenia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria

In 2022, approx. 8K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Austria; waning by -14.7% against 2021 figures. Over the period under review, imports saw a abrupt downturn. The smallest decline of -0.9% was in 2020.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $3.5M in 2022. Overall, imports continue to indicate a relatively flat trend pattern.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2391,0111,1991,6049.0%
Poland8775866611,0777.1%
Belgium807204447441-18.2%
Czech Republic21635523843.1-41.6%
Others419736468321-8.5%
Total3,5582,8923,0123,485-0.7%

Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Austria in 2022:

  1. Germany (4.3K tons)
  2. Poland (2.6K tons)
  3. Belgium (0.6K tons)
  4. Czech Republic (0.3K tons)

Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria

After three years of growth, overseas shipments of silicates; of sodium (excluding sodium metasilicates)s decreased by -10.9% to 4.2K tons in 2022. The total export volume increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s reduced to $2.4M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey8301,0791,3198591.2%
Germany17918542255946.2%
SpainN/A18219139948.1%
Slovakia508483526367-10.3%
Greece95.881.779.71042.8%
Slovenia61.287.578.258.0-1.8%
Others72.715885.081.53.9%
Total1,7472,2562,7022,42711.6%

Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Austria in 2022:

  1. Germany (1406.5 tons)
  2. Turkey (1200.0 tons)
  3. Slovakia (633.0 tons)
  4. Spain (463.7 tons)
  5. Greece (216.7 tons)
  6. Slovenia (201.2 tons)

Source: IndexBox Market Intelligence Platform

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