Silicates; Sodium Metasilicates Price in Belgium - 2023
Contents:
- Silicates; Sodium Metasilicates Price in Belgium (FOB) - 2023
- Silicates; Sodium Metasilicates Price in Belgium (CIF) - 2022
- Silicates; Sodium Metasilicates Exports in Belgium
- Silicates; Sodium Metasilicates Imports in Belgium
Silicates; Sodium Metasilicates Price in Belgium (FOB) - 2023
In July 2023, the average silicates; sodium metasilicates export price amounted to $959 per ton, surging by 3.5% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 36% m-o-m. As a result, the export price attained the peak level of $1,309 per ton. From May 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Slovenia ($1,323 per ton), while the average price for exports to Portugal ($557 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Price in Belgium (CIF) - 2022
In 2022, the average silicates; sodium metasilicates import price amounted to $558 per ton, declining by -35.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54%. As a result, import price reached the peak level of $860 per ton, and then plummeted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,150 per ton), while the price for Germany ($426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Silicates; Sodium Metasilicates Exports in Belgium
In 2022, approx. 23K tons of silicates; sodium metasilicateses were exported from Belgium; with a decrease of -5.8% against the year before. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, the exports reached the peak of 24K tons, and then contracted in the following year.
In value terms, silicates; sodium metasilicates exports skyrocketed to $20M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Silicates; Sodium Metasilicates in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.9 | 3.3 | 3.3 | 4.8 | 7.2% |
| United States | 1.4 | 1.4 | 2.7 | 2.9 | 27.5% |
| Turkey | 1.1 | 1.4 | 1.8 | 2.4 | 29.7% |
| Italy | 1.3 | 1.2 | 1.7 | 1.7 | 9.4% |
| France | 0.9 | 0.8 | 0.7 | 1.2 | 10.1% |
| Netherlands | 0.8 | 0.7 | 0.7 | 0.9 | 4.0% |
| United Kingdom | 0.7 | 0.3 | 0.5 | 0.8 | 4.6% |
| Mexico | N/A | N/A | N/A | 0.6 | 0% |
| Austria | 0.3 | 0.3 | 0.3 | 0.6 | 26.0% |
| Spain | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| Poland | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
| Slovenia | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Russia | 0.6 | 0.7 | 0.6 | 0.3 | -20.6% |
| Others | 1.8 | 1.7 | 2.5 | 2.3 | 8.5% |
| Total | 13.7 | 12.5 | 15.7 | 19.9 | 13.3% |
Top Export Markets for Silicates; Sodium Metasilicates from Belgium in 2022:
- Germany (5.6K tons)
- United States (3.0K tons)
- Turkey (2.7K tons)
- Italy (1.8K tons)
- France (1.4K tons)
- Netherlands (1.1K tons)
- United Kingdom (1.0K tons)
- Austria (0.8K tons)
- Spain (0.7K tons)
- Mexico (0.6K tons)
- Poland (0.6K tons)
- Slovenia (0.5K tons)
- Russia (0.3K tons)
Silicates; Sodium Metasilicates Imports in Belgium
After two years of decline, supplies from abroad of silicates; sodium metasilicateses increased by 50% to 542 tons in 2022. Overall, imports, however, faced a precipitous descent.
In value terms, silicates; sodium metasilicates imports dropped to $303K in 2022. In general, imports, however, continue to indicate a sharp setback.
| Import of Silicates; Sodium Metasilicates in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.0 | 3.4 | 73.3 | 149 | 320.8% |
| Netherlands | 708 | 246 | 196 | 139 | -41.9% |
| France | 27.8 | 65.3 | 37.4 | 10.9 | -26.8% |
| Spain | 26.7 | N/A | N/A | N/A | 0% |
| China | N/A | 26.6 | N/A | N/A | 0% |
| Others | 4.4 | 5.4 | 4.8 | 4.5 | 0.8% |
| Total | 769 | 347 | 312 | 303 | -26.7% |
Top Suppliers of Silicates; Sodium Metasilicates to Belgium in 2022:
- Germany (349.1 tons)
- Netherlands (187.6 tons)
- France (5.1 tons)
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