Silicates; Sodium Metasilicates Price in Indonesia - 2022
Contents:
- Silicates; Sodium Metasilicates Price in Indonesia (CIF) - 2022
- Silicates; Sodium Metasilicates Price in Indonesia (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Indonesia
- Silicates; Sodium Metasilicates Exports in Indonesia
Silicates; Sodium Metasilicates Price in Indonesia (CIF) - 2022
The average silicates; sodium metasilicates import price stood at $670 per ton in March 2022, which is down by -16.7% against the previous month. In general, the import price, however, showed a modest increase. The most prominent rate of growth was recorded in November 2021 an increase of 130% against the previous month. As a result, import price attained the peak level of $866 per ton. From December 2021 to March 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Vietnam ($3,273 per ton), while the price for China stood at $556 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%).
Silicates; Sodium Metasilicates Price in Indonesia (FOB) - 2022
The average silicates; sodium metasilicates export price stood at $1,631 per ton in 2022, which is down by -5.2% against the previous year. In general, the export price, however, recorded a tangible increase. The growth pace was the most rapid in 2021 when the average export price increased by 115% against the previous year. As a result, the export price attained the peak level of $1,721 per ton, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($3,100 per ton), while the average price for exports to Singapore ($43 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 Taiwan (Chinese) (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Imports in Indonesia
In 2022, the amount of silicates; sodium metasilicateses imported into Indonesia reduced to 1.7K tons, declining by -9.2% on 2021. Over the period under review, imports saw a abrupt shrinkage.
In value terms, silicates; sodium metasilicates imports soared to $1.4M in 2022. In general, imports saw a relatively flat trend pattern.
| Import of Silicates; Sodium Metasilicates in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 590 | 413 | 717 | 580 | -0.6% |
| Spain | 23.8 | 28.7 | 45.5 | 45.3 | 23.9% |
| Netherlands | 16.0 | 18.6 | 9.8 | 22.9 | 12.7% |
| India | 14.5 | 9.7 | 18.4 | 21.8 | 14.6% |
| Taiwan (Chinese) | 10.9 | 11.5 | 16.0 | 13.9 | 8.4% |
| Others | 764 | 397 | 140 | 725 | -1.7% |
| Total | 1,419 | 879 | 946 | 1,409 | -0.2% |
Top Suppliers of Silicates; Sodium Metasilicates to Indonesia in 2022:
- China (1013.3 tons)
- Netherlands (32.5 tons)
- Taiwan (Chinese) (24.2 tons)
- Spain (19.3 tons)
- India (19.1 tons)
Silicates; Sodium Metasilicates Exports in Indonesia
In 2022, shipments abroad of silicates; sodium metasilicateses was finally on the rise to reach 30 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp descent.
In value terms, silicates; sodium metasilicates exports soared to $49K in 2022. Overall, exports, however, recorded a abrupt downturn.
| Export of Silicates; Sodium Metasilicates in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 74.4 | 20.8 | 31.6 | 46.0 | -14.8% |
| Malaysia | 1.2 | 22.0 | 1.4 | 1.5 | 7.7% |
| Japan | 0.1 | 14.6 | 1.8 | 1.2 | 128.9% |
| Singapore | 0.2 | 2.8 | 0.1 | 0.1 | -20.6% |
| Others | 0.1 | 2.7 | 0.2 | 0.2 | 26.0% |
| Total | 76.0 | 62.9 | 35.1 | 49.0 | -13.6% |
Top Export Markets for Silicates; Sodium Metasilicates from Indonesia in 2022:
- South Korea (25.6 tons)
- Singapore (3.1 tons)
- Japan (0.7 tons)
- Malaysia (0.5 tons)
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