Silicates; Sodium Metasilicates Price in Germany - 2023
Contents:
- Silicates; Sodium Metasilicates Price in Germany (CIF) - 2023
- Silicates; Sodium Metasilicates Price in Germany (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Germany
- Silicates; Sodium Metasilicates Exports in Germany
Silicates; Sodium Metasilicates Price in Germany (CIF) - 2023
The average silicates; sodium metasilicates import price stood at $981 per ton in August 2023, falling by -3.5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 63% against the previous month. As a result, import price attained the peak level of $1,874 per ton. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($996 per ton), while the price for the Netherlands amounted to $903 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+28.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Silicates; Sodium Metasilicates Price in Germany (FOB) - 2022
In 2022, the average silicates; sodium metasilicates export price amounted to $1,260 per ton, surging by 8.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 50% against the previous year. As a result, the export price reached the peak level of $1,838 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($5,527 per ton), while the average price for exports to the United States ($687 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 Denmark (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Imports in Germany
In 2022, imports of silicates; sodium metasilicateses into Germany declined to 6.5K tons, falling by -9.3% compared with 2021 figures. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 14%.
In value terms, silicates; sodium metasilicates imports surged to $6.2M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Sodium Metasilicates in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.4 | 2.8 | 2.7 | 3.4 | 0.0% |
| Netherlands | 1.6 | 1.0 | 1.7 | 2.3 | 12.9% |
| Italy | N/A | N/A | 0.3 | 0.4 | 33.3% |
| France | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Total | 5.2 | 4.1 | 4.9 | 6.2 | 6.0% |
Top Suppliers of Silicates; Sodium Metasilicates to Germany in 2022:
- France (undefinedK tons)
- Belgium (3.4K tons)
- Netherlands (2.8K tons)
- Italy (0.2K tons)
Silicates; Sodium Metasilicates Exports in Germany
For the third consecutive year, Germany recorded decline in overseas shipments of silicates; sodium metasilicateses, which decreased by -2.2% to 852 tons in 2022. Overall, exports showed a abrupt decrease.
In value terms, silicates; sodium metasilicates exports expanded notably to $1.1M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 7.2% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Silicates; Sodium Metasilicates in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 235 | 153 | 75.2 | 187 | -7.3% |
| Switzerland | 121 | 116 | 177 | 184 | 15.0% |
| United States | 214 | 113 | 95.3 | 101 | -22.1% |
| United Kingdom | 14.4 | 9.3 | 40.6 | 92.7 | 86.0% |
| Denmark | 2.3 | 23.6 | 123 | 87.2 | 235.9% |
| Poland | 48.9 | 79.3 | 107 | 81.0 | 18.3% |
| Hungary | 44.5 | 64.8 | 55.5 | 63.2 | 12.4% |
| Austria | 16.7 | 16.7 | 26.7 | 55.8 | 49.5% |
| Russia | 27.1 | 24.7 | 39.2 | 32.1 | 5.8% |
| Egypt | N/A | 38.5 | 43.2 | 17.3 | -33.0% |
| Italy | 4.2 | 3.4 | 5.6 | 17.2 | 60.0% |
| Bangladesh | 27.1 | 0.1 | 14.3 | 13.1 | -21.5% |
| United Arab Emirates | N/A | 140 | 0.1 | N/A | -99.9% |
| Others | 283 | 162 | 210 | 141 | -20.7% |
| Total | 1,039 | 945 | 1,012 | 1,073 | 1.1% |
Top Export Markets for Silicates; Sodium Metasilicates from Germany in 2022:
- Slovakia (209.7 tons)
- United States (146.2 tons)
- Switzerland (106.8 tons)
- Poland (71.7 tons)
- Hungary (68.7 tons)
- Austria (37.4 tons)
- Russia (37.1 tons)
- United Kingdom (23.7 tons)
- Egypt (19.8 tons)
- Bangladesh (16.0 tons)
- Denmark (15.8 tons)
- Italy (15.0 tons)
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