Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany (CIF) - 2023
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany (CIF) - 2023
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $470 per ton in September 2023, dropping by -14.8% against the previous month. Over the period under review, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in January 2023 an increase of 20% month-to-month. As a result, import price reached the peak level of $713 per ton. From February 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($993 per ton), while the price for Switzerland totaled $613 per ton.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $384 per ton in 2022, jumping by 43% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,747 per ton), while the average price for exports to Belgium ($270 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 Italy (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany
In 2022, approx. 88K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Germany; rising by 37% compared with the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $47M in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 5.6 | 4.2 | 5.5 | 21.6 | 56.8% |
| Netherlands | 7.2 | 7.0 | 8.6 | 10.7 | 14.1% |
| Japan | 1.7 | 2.3 | 4.2 | 4.3 | 36.3% |
| Belgium | 1.8 | 2.3 | 2.1 | 3.2 | 21.1% |
| Switzerland | 1.1 | 1.4 | 2.4 | 2.7 | 34.9% |
| Czech Republic | 0.7 | 0.7 | 1.0 | 1.2 | 19.7% |
| Italy | 0.2 | 0.5 | 1.1 | 0.6 | 44.2% |
| Others | 2.8 | 2.0 | 2.5 | 3.0 | 2.3% |
| Total | 21.1 | 20.5 | 27.5 | 47.3 | 30.9% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Germany in 2022:
- Poland (37.5K tons)
- Netherlands (23.4K tons)
- Belgium (8.2K tons)
- Czech Republic (5.8K tons)
- Switzerland (4.5K tons)
- Japan (3.5K tons)
- Italy (2.3K tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany
After three years of growth, shipments abroad of silicates; of sodium (excluding sodium metasilicates)s decreased by -14.6% to 103K tons in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports reached the peak of 121K tons, and then dropped in the following year.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s soared to $40M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.1 | 3.1 | 8.1 | 14.2 | 89.1% |
| Netherlands | 2.8 | 4.5 | 3.9 | 5.8 | 27.5% |
| Sweden | 3.8 | 3.2 | 3.8 | 5.0 | 9.6% |
| Czech Republic | 2.5 | 2.3 | 1.9 | 2.3 | -2.7% |
| Switzerland | 1.8 | 1.3 | 1.6 | 2.1 | 5.3% |
| France | 2.6 | 1.7 | 1.7 | 1.9 | -9.9% |
| Austria | 1.1 | 1.3 | 1.4 | 1.2 | 2.9% |
| Finland | 1.7 | 0.9 | 4.3 | 0.8 | -22.2% |
| Others | 6.0 | 6.3 | 5.5 | 6.3 | 1.6% |
| Total | 24.4 | 24.7 | 32.3 | 39.6 | 17.5% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Germany in 2022:
- Belgium (52.6K tons)
- Netherlands (14.6K tons)
- Sweden (10.7K tons)
- France (5.6K tons)
- Czech Republic (5.2K tons)
- Switzerland (5.1K tons)
- Austria (2.8K tons)
- Finland (1.6K tons)
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