Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia - 2022
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia (FOB) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia (CIF) - 2022
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $290 per ton in 2021, dropping by -3.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 5.3%. The export price peaked at $313 per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($338 per ton), while the average price for exports to the United Arab Emirates ($206 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia (CIF) - 2022
In 2021, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $983 per ton, approximately mirroring the previous year. In general, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2014 an increase of 27%. As a result, import price attained the peak level of $1,172 per ton. From 2015 to 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($1,579 per ton), while the price for India ($563 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+42.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia
In 2022, overseas shipments of silicates; of sodium (excluding sodium metasilicates)s decreased by -67.8% to 15K tons, falling for the second year in a row after two years of growth. In general, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 3.7%. As a result, the exports reached the peak of 57K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s shrank notably to $7.1M in 2022. Over the period under review, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 8.5%. As a result, the exports reached the peak of $17M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia (Million USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Jordan | 1.4 | 1.5 | 1.9 | 16.5% |
| Sudan | 2.0 | 1.6 | 1.3 | -19.4% |
| Yemen | N/A | N/A | 0.8 | 0% |
| Oman | 1.3 | 1.1 | 0.8 | -21.6% |
| Algeria | 1.4 | 3.3 | 0.5 | -40.2% |
| United Arab Emirates | 1.4 | 0.7 | 0.5 | -40.2% |
| Somalia | N/A | N/A | 0.3 | 0% |
| Kuwait | 0.1 | 0.1 | 0.2 | 41.4% |
| Others | 8.0 | 8.7 | 6.8 | -7.8% |
| Total | 15.8 | 17.1 | 13.1 | -8.9% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Saudi Arabia in 2022:
- Jordan (6.7K tons)
- Sudan (4.0K tons)
- Oman (3.3K tons)
- Yemen (2.4K tons)
- United Arab Emirates (2.2K tons)
- Algeria (1.7K tons)
- Somalia (0.9K tons)
- Kuwait (0.7K tons)
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia
In 2021, the amount of silicates; of sodium (excluding sodium metasilicates)s imported into Saudi Arabia stood at 3.5K tons, therefore, remained relatively stable against 2020 figures. Over the period under review, imports recorded a dramatic decline. The smallest decline of 99.9% was in 2020.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s stood at $3.4M in 2021. Overall, imports showed a precipitous curtailment. The smallest decline of 99.9% was in 2020.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United States | 1,874 | N/A | 1,074 | -24.3% |
| India | N/A | N/A | 735 | 0% |
| Slovenia | N/A | N/A | 426 | 0% |
| Austria | 655 | N/A | N/A | 0% |
| France | 567 | N/A | N/A | 0% |
| Egypt | 290 | N/A | N/A | 0% |
| Netherlands | 1,463 | N/A | N/A | 0% |
| Others | 990 | N/A | 1,190 | 9.6% |
| Total | 5,839 | N/A | 3,425 | -23.4% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Saudi Arabia in 2022:
- India (1304.1 tons)
- United States (680.1 tons)
- Slovenia (346.1 tons)
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