Silicates; Sodium Metasilicates Price in Iran - 2022

Contents:

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

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

In 2022, the average silicates; sodium metasilicates import price amounted to $665 per ton, waning by -47.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $1,277 per ton, and then contracted sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,672 per ton), while the price for China ($350 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average silicates; sodium metasilicates export price amounted to $373 per ton, shrinking by -15.3% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 38% against the previous year. The export price peaked at $500 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($1,500 per ton), while the average price for exports to Afghanistan ($354 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 Turkmenistan (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Silicates; Sodium Metasilicates Imports in Iran

In 2022, the amount of silicates; sodium metasilicateses imported into Iran skyrocketed to 248 tons, increasing by 41% against 2021 figures. In general, imports, however, continue to indicate a abrupt decline.

In value terms, silicates; sodium metasilicates imports contracted sharply to $165K in 2022. Over the period under review, imports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 113% against the previous year.

Import of Silicates; Sodium Metasilicates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16638.711.558.5-29.4%
Germany52.223.255.331.3-15.7%
Belgium65.820.023.529.1-23.8%
United Kingdom21.310.527.617.3-6.7%
United Arab Emirates5.26.626.815.945.1%
Turkey2.81.85.86.230.3%
India7.83.37.54.0-20.0%
Others34.21.366.02.5-58.2%
Total356105224165-22.6%

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

  1. China (166.9 tons)
  2. United Kingdom (29.3 tons)
  3. Belgium (21.8 tons)
  4. United Arab Emirates (14.8 tons)
  5. Germany (5.5 tons)
  6. Turkey (5.4 tons)
  7. India (2.9 tons)

Silicates; Sodium Metasilicates Exports in Iran

In 2022, after three years of growth, there was significant decline in overseas shipments of silicates; sodium metasilicateses, when their volume decreased by -6.8% to 179 tons. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 192 tons, and then fell in the following year.

In value terms, silicates; sodium metasilicates exports contracted sharply to $67K in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. As a result, the exports attained the peak of $84K, and then shrank significantly in the following year.

Export of Silicates; Sodium Metasilicates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AfghanistanN/AN/A75.061.2-18.4%
Turkey4.74.75.83.4-10.2%
Iraq17.35.21.41.0-61.3%
Turkmenistan6.72.00.60.4-60.9%
Azerbaijan8.34.01.00.2-71.1%
Uzbekistan3.50.30.20.1-69.4%
TanzaniaN/A31.0N/AN/A0%
Others5.21.50.40.2-66.2%
Total45.548.884.466.613.5%

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

  1. Afghanistan (172.8 tons)
  2. Turkey (3.4 tons)
  3. Iraq (1.1 tons)
  4. Uzbekistan (0.4 tons)
  5. Turkmenistan (0.3 tons)
  6. Azerbaijan (0.3 tons)

Source: IndexBox Market Intelligence Platform

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