Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland (CIF) - 2023
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland (CIF) - 2023
In August 2023, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $566 per ton, rising by 28% against the previous month. In general, the import price recorded a modest increase. The pace of growth appeared the most rapid in November 2022 an increase of 143% m-o-m. As a result, import price reached the peak level of $1,119 per ton. From December 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 Sweden ($2,192 per ton), while the price for Germany ($480 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 Germany (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland (FOB) - 2022
In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $295 per ton, rising by 1.8% against the previous year. In general, the export price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 3.9% against the previous year. The export price peaked at $439 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($288 per ton), while the average price for exports to Russia totaled $277 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-4.2%).
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s imported into Finland skyrocketed to 50K tons, jumping by 129% compared with the year before. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 379% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $21M in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 679% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | 8.2 | 18.4 | 124.4% |
| Germany | 1.7 | 1.0 | 4.4 | 1.4 | -6.3% |
| Denmark | 0.3 | 0.4 | 0.4 | 0.7 | 32.6% |
| Others | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Total | 2.3 | 1.7 | 13.4 | 20.8 | 108.3% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Finland in 2022:
- Poland (44.9K tons)
- Germany (3.1K tons)
- Denmark (1.9K tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s exported from Finland fell to 3.2K tons, which is down by -7.7% against the year before. Over the period under review, exports faced a sharp reduction.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s reduced to $946K in 2022. Overall, exports recorded a precipitous contraction.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Estonia | 673 | 682 | 849 | 12.3% | |
| Russia | 244 | 255 | 39.1 | -60.0% | |
| Belgium | 595 | N/A | N/A | 0% | |
| Others | 13.3 | 70.3 | 57.2 | 107.4% | |
| Total | 1,526 | 1,007 | 946 | -21.3% | |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Finland in 2022:
- Estonia (3.0K tons)
- Russia (0.1K tons)
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