Silicates; Sodium Metasilicates Price in Norway - 2023

Contents:

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

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

The average silicates; sodium metasilicates import price stood at $1,252 per ton in 2022, picking up by 12% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 85%. As a result, import price reached the peak level of $1,364 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,727 per ton), while the price for Sweden ($925 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average silicates; sodium metasilicates export price stood at $2,222 per ton in 2022, increasing by 6.9% against the previous year. Over the period under review, the export price posted a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 47% against the previous year. The export price peaked at $2,405 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($3,869 per ton), while the average price for exports to Denmark ($1,202 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 Qatar (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Silicates; Sodium Metasilicates Imports in Norway

For the fourth year in a row, Norway recorded growth in overseas purchases of silicates; sodium metasilicateses, which increased by 154% to 259 tons in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; sodium metasilicates imports skyrocketed to $324K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; Sodium Metasilicates in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.919.317.014399.9%
Netherlands19.854.855.811981.8%
Belgium7.30.27.227.355.2%
PolandN/AN/AN/A13.70%
SwedenN/A2.53.19.594.9%
Austria12.712.09.4N/A-14.0%
United KingdomN/A29.620.5N/A-30.7%
Others7.00.60.611.016.3%
Total64.611911432471.2%

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

  1. China (140.0 tons)
  2. Netherlands (69.0 tons)
  3. Belgium (28.3 tons)
  4. Sweden (10.2 tons)
  5. Poland (9.0 tons)

Silicates; Sodium Metasilicates Exports in Norway

In 2022, approx. 19 tons of silicates; sodium metasilicateses were exported from Norway; with a decrease of -28.1% against the year before. Overall, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 106% against the previous year. As a result, the exports reached the peak of 26 tons, and then dropped markedly in the following year.

In value terms, silicates; sodium metasilicates exports fell remarkably to $42K in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.1% 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 +43.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 86% against the previous year. As a result, the exports attained the peak of $55K, and then shrank rapidly in the following year.

Export of Silicates; Sodium Metasilicates in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A10.10%
Latvia5.61.31.28.113.1%
Sweden5.66.018.85.60.0%
Denmark5.74.57.22.1-28.3%
FinlandN/A1.0N/AN/A0%
IcelandN/A1.2N/AN/A0%
Others18.315.527.616.1-4.2%
Total35.229.454.742.06.1%

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

  1. Sweden (4.1 tons)
  2. United States (2.9 tons)
  3. Latvia (2.1 tons)
  4. Denmark (1.8 tons)

Source: IndexBox Market Intelligence Platform

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