Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Norway - 2024

Contents:

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

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Norway (CIF) - 2022

The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $444 per ton in 2022, increasing by 31% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($1,442 per ton), while the price for Sweden ($375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+7.3%).

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

In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $809 per ton, which is down by -55.8% against the previous year. Over the period under review, the export price showed a dramatic curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 711% against the previous year. Over the period under review, the average export prices reached the maximum at $8,482 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +3.2% per year.

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

In 2022, imports of silicates; of sodium (excluding sodium metasilicates)s into Norway declined slightly to 8.9K tons, shrinking by -5% on the previous year. Overall, imports continue to indicate a deep reduction. The smallest decline of -4.9% was in 2021.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $3.9M in 2022. Over the period under review, imports recorded a relatively flat trend pattern.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden2.42.22.42.40.0%
Poland1.20.40.41.1-2.9%
Others0.40.50.40.57.7%
Total4.03.13.23.9-0.8%

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

  1. Sweden (6.4K tons)
  2. Poland (2.2K tons)

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

In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s exported from Norway fell dramatically to 1.7 tons, shrinking by -81.2% on the year before. In general, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 163%. As a result, the exports reached the peak of 9.1 tons, and then shrank notably in the following year.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s dropped dramatically to $1.4K in 2022. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $17K, and then fell rapidly in the following year.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A1.40%
NetherlandsN/A3.0N/AN/A0%
Sweden0.7N/AN/AN/A0%
Finland8.69.410.0N/A7.8%
ItalyN/AN/A4.6N/A0%
Others1.6N/A2.1N/A14.6%
Total11.012.416.71.4-49.7%

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

  1. Australia (1.7 tons)

Source: IndexBox Market Intelligence Platform

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