Silicates; Sodium Metasilicates Price in India - 2023

Contents:

1. Silicates; Sodium Metasilicates Price in India (FOB) - 2022
2. Silicates; Sodium Metasilicates Price in India (CIF) - 2022
3. Silicates; Sodium Metasilicates Exports in India
4. Silicates; Sodium Metasilicates Imports in India

Silicates; Sodium Metasilicates Price in India (FOB) - 2022

In 2022, the average silicates; sodium metasilicates export price amounted to $449 per ton, growing by 18% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 147%. As a result, the export price attained the peak level of $1,097 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($888 per ton), while the average price for exports to Oman ($204 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 Honduras (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

Silicates; Sodium Metasilicates Price in India (CIF) - 2022

In 2022, the average silicates; sodium metasilicates import price amounted to $937 per ton, increasing by 41% against the previous year. Overall, the import price, however, showed a noticeable descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the peak figure at $1,306 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($909 per ton), while the price for the Netherlands ($712 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Silicates; Sodium Metasilicates Exports in India

In 2022, the amount of silicates; sodium metasilicateses exported from India declined to 1.3K tons, waning by -12.8% against 2021. In general, exports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year.

In value terms, silicates; sodium metasilicates exports rose modestly to $581K in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 63%.

Top Export Markets for Silicates; Sodium Metasilicates from India in 2022:

1. Bangladesh (647.3 tons)
2. Nepal (418.9 tons)
3. Mauritius (52.2 tons)
4. Sri Lanka (47.8 tons)
5. Angola (27.0 tons)
6. United Arab Emirates (26.7 tons)
7. Honduras (22.0 tons)

Silicates; Sodium Metasilicates Imports in India

For the third consecutive year, India recorded decline in supplies from abroad of silicates; sodium metasilicateses, which decreased by -37.9% to 498 tons in 2022. Overall, imports faced a sharp curtailment. The smallest decline of -15.8% was in 2020.

In value terms, silicates; sodium metasilicates imports declined to $467K in 2022. In general, imports recorded a drastic downturn.

Top Suppliers of Silicates; Sodium Metasilicates to India in 2022:

1. Belgium (284.0 tons)
2. China (203.0 tons)
3. Netherlands (2.0 tons)

Source: IndexBox Market Intelligence Platform