Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt (FOB) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt (CIF) - 2022
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $601 per ton in 2022, with an increase of 54% against the previous year. Overall, the export price showed measured growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cote d'Ivoire ($601 per ton) and Ghana ($601 per ton), while the average price for exports to Italy ($601 per ton) and Sudan ($601 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $576 per ton in 2022, picking up by 23% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The import price peaked at $732 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($576 per ton) and the United States ($576 per ton), while the price for China ($576 per ton) and Germany ($576 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.2%), while the prices for the other major suppliers experienced a decline.
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt
Exports of silicates; of sodium (excluding sodium metasilicates)s from Egypt expanded slightly to 63K tons in 2022, growing by 4.7% on 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s soared to $38M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 74%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 2.0 | 1.5 | 2.2 | 6.2 | 45.8% |
| Angola | 1.2 | 0.7 | 2.4 | 4.8 | 58.7% |
| Italy | 0.3 | 0.1 | 0.7 | 3.5 | 126.8% |
| Syrian Arab Republic | 3.8 | 2.9 | 3.1 | 3.3 | -4.6% |
| Morocco | 1.3 | 1.2 | 1.4 | 2.7 | 27.6% |
| Yemen | 2.5 | 1.4 | 1.7 | 1.7 | -12.1% |
| Portugal | N/A | 0.1 | 0.6 | 1.7 | 312.3% |
| South Africa | 0.2 | 0.3 | 0.3 | 1.7 | 104.1% |
| Cote d'Ivoire | 0.5 | 0.4 | 0.7 | 1.4 | 40.9% |
| Romania | N/A | N/A | 0.8 | 1.2 | 50.0% |
| Ghana | 0.1 | N/A | 0.8 | 1.1 | 122.4% |
| Sudan | 0.7 | 0.6 | 0.4 | 1.1 | 16.3% |
| Spain | N/A | N/A | N/A | 0.9 | 0% |
| Others | 5.5 | 4.4 | 8.3 | 6.5 | 5.7% |
| Total | 18.2 | 13.4 | 23.4 | 37.8 | 27.6% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Egypt in 2022:
- Senegal (10.3K tons)
- Angola (8.1K tons)
- Italy (5.8K tons)
- Syrian Arab Republic (5.5K tons)
- Morocco (4.6K tons)
- South Africa (2.9K tons)
- Yemen (2.9K tons)
- Portugal (2.8K tons)
- Cote d'Ivoire (2.4K tons)
- Romania (2.0K tons)
- Ghana (1.8K tons)
- Sudan (1.8K tons)
- Spain (1.5K tons)
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt
In 2022, after two years of decline, there was significant growth in supplies from abroad of silicates; of sodium (excluding sodium metasilicates)s, when their volume increased by 5.7% to 455 tons. Over the period under review, imports, however, continue to indicate a significant contraction.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $262K in 2022. Overall, imports, however, recorded a sharp downturn.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 953 | 518 | 129 | 103 | -52.4% |
| India | 11.3 | N/A | N/A | 99.4 | 106.4% |
| China | 0.2 | 3.0 | 18.4 | 31.3 | 438.9% |
| Switzerland | 41.4 | N/A | N/A | 17.9 | -24.4% |
| Germany | 99.6 | 67.2 | N/A | 5.3 | -62.4% |
| Others | 26.7 | 44.0 | 53.5 | 5.2 | -42.0% |
| Total | 1,132 | 632 | 201 | 262 | -38.6% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Egypt in 2022:
- United States (178.4 tons)
- India (172.5 tons)
- China (54.4 tons)
- Switzerland (31.1 tons)
- Germany (9.1 tons)
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