Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (CIF) - 2022
In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $615 per ton, picking up by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2016 an increase of 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,447 per ton), while the price for Australia ($455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (FOB) - 2022
In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $1,634 per ton, picking up by 16% against the previous year. Overall, the export price recorded strong growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,207 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($1,635 per ton), while the average price for exports to India stood at $1,634 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+1.4%).
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s imported into New Zealand amounted to 3.4K tons, growing by 1.8% against the previous year's figure. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +63.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 60%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s expanded significantly to $2.1M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 880 | 808 | 1,441 | 1,316 | 14.4% |
| United States | 148 | 146 | 282 | 335 | 31.3% |
| Netherlands | 84.3 | 67.5 | 85.6 | 221 | 37.9% |
| China | 20.5 | 115 | 113 | 139 | 89.3% |
| Others | 44.6 | 48.1 | 51.8 | 67.1 | 14.6% |
| Total | 1,178 | 1,184 | 1,973 | 2,078 | 20.8% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to New Zealand in 2022:
- Australia (2889.4 tons)
- China (196.0 tons)
- Netherlands (148.5 tons)
- United States (97.2 tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand
In 2022, after three years of growth, there was significant decline in overseas shipments of silicates; of sodium (excluding sodium metasilicates)s, when their volume decreased by -60% to 3.1 tons. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 394%.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s declined significantly to $5.1K in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 244%.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 3.2 | 0% |
| Fiji | 1.0 | 1.9 | N/A | 1.9 | 23.9% |
| Australia | N/A | 1.7 | 11.1 | N/A | 552.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 3.6 | 11.1 | 5.1 | 72.1% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from New Zealand in 2022:
- India (2.0 tons)
- Fiji (1.2 tons)
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