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

Contents:

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

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

The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $684 per ton in 2022, jumping by 104% against the previous year. Over the period under review, the import price showed a resilient increase. 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 Slovakia ($5,111 per ton), while the price for Ukraine ($353 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $269 per ton, picking up by 21% against the previous year. Overall, the export price, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2017 an increase of 41% against the previous year. The export price peaked at $335 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Kazakhstan ($285 per ton), while the average price for exports to Ukraine ($180 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 Belarus (+4.7%), while the prices for the other major destinations experienced a decline.

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

Imports of silicates; of sodium (excluding sodium metasilicates)s into Russia declined remarkably to 2.9K tons in 2022, shrinking by -88.2% on the previous year. Overall, imports saw a significant contraction. The smallest decline of -7.5% was in 2020.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s shrank rapidly to $2M in 2022. Over the period under review, imports saw a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.10.73.61.10.0%
SlovakiaN/AN/AN/A0.30%
Germany0.20.20.30.314.5%
TurkeyN/AN/AN/A0.10%
PolandN/A0.10.10.10.0%
Belarus6.35.44.0N/A-20.3%
Ukraine0.70.30.1N/A-62.2%
Others0.40.10.40.1-37.0%
Total8.76.88.42.0-38.7%

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

  1. China (2351.7 tons)
  2. Germany (169.9 tons)
  3. Turkey (150.7 tons)
  4. Poland (120.8 tons)
  5. Slovakia (52.5 tons)
  6. Ukraine (0.2 tons)

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

In 2022, approx. 13K tons of silicates; of sodium (excluding sodium metasilicates)s were exported from Russia; rising by 123% compared with 2021. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $3.4M in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan8357796972,39442.1%
TurkeyN/AN/A10.26736498.0%
Armenia92.441.767.484.1-3.1%
Ukraine13214725074.5-17.4%
Italy1.3N/A11.960.0258.7%
Belarus10157.7126N/A11.7%
Others162240102138-5.2%
Total1,3241,2651,2653,42437.3%

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

  1. Kazakhstan (8.4K tons)
  2. Turkey (3.3K tons)
  3. Ukraine (0.4K tons)
  4. Italy (0.3K tons)
  5. Armenia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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