Silicates; Sodium Metasilicates Price in Spain - 2023
Contents:
- Silicates; Sodium Metasilicates Price in Spain (FOB) - 2023
- Silicates; Sodium Metasilicates Price in Spain (CIF) - 2022
- Silicates; Sodium Metasilicates Exports in Spain
- Silicates; Sodium Metasilicates Imports in Spain
Silicates; Sodium Metasilicates Price in Spain (FOB) - 2023
In August 2023, the average silicates; sodium metasilicates export price amounted to $3,764 per ton, surging by 42% against the previous month. In general, the export price saw a prominent expansion. The pace of growth was the most pronounced in July 2023 an increase of 91% against the previous month. Over the period under review, the average export prices hit record highs in August 2023.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was India ($71,932 per ton), while the average price for exports to Portugal totaled $658 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Price in Spain (CIF) - 2022
The average silicates; sodium metasilicates import price stood at $722 per ton in 2022, rising by 13% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; sodium metasilicates import price increased by +21.2% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 24% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($884 per ton), while the price for Belgium ($571 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Silicates; Sodium Metasilicates Exports in Spain
In 2022, exports of silicates; sodium metasilicateses from Spain shrank rapidly to 1.1K tons, waning by -45.8% compared with the previous year. Overall, exports showed a precipitous slump. The smallest decline of -29.5% was in 2021.
In value terms, silicates; sodium metasilicates exports shrank remarkably to $891K in 2022. Over the period under review, exports showed a sharp decrease.
| Export of Silicates; Sodium Metasilicates in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 411 | 368 | 395 | 454 | 3.4% |
| Algeria | 630 | 566 | 369 | 130 | -40.9% |
| Mexico | 150 | 177 | 76.8 | 63.0 | -25.1% |
| Turkey | 159 | N/A | 33.0 | 39.0 | -37.4% |
| France | 6.4 | 6.5 | 25.0 | 36.3 | 78.3% |
| Morocco | 56.0 | 35.4 | 47.7 | 25.7 | -22.9% |
| Italy | N/A | N/A | 45.7 | 10.9 | -76.1% |
| Jordan | N/A | N/A | N/A | 10.8 | 0% |
| Syrian Arab Republic | N/A | N/A | 170 | N/A | 0% |
| Indonesia | 1,496 | 539 | N/A | N/A | -64.0% |
| Others | 612 | 249 | 87.8 | 122 | -41.6% |
| Total | 3,520 | 1,941 | 1,250 | 891 | -36.7% |
Top Export Markets for Silicates; Sodium Metasilicates from Spain in 2022:
- Portugal (594.1 tons)
- Algeria (186.0 tons)
- Mexico (84.5 tons)
- Turkey (73.4 tons)
- Morocco (64.7 tons)
- France (43.3 tons)
- Jordan (21.0 tons)
- Italy (20.3 tons)
Silicates; Sodium Metasilicates Imports in Spain
In 2022, the amount of silicates; sodium metasilicateses imported into Spain skyrocketed to 1.4K tons, jumping by 82% compared with the previous year's figure. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, silicates; sodium metasilicates imports soared to $1M in 2022. Over the period under review, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Sodium Metasilicates in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 102 | 375 | 62.2 | 457 | 64.9% |
| Belgium | 400 | 307 | 332 | 450 | 4.0% |
| China | 36.5 | 48.2 | 21.7 | 58.1 | 16.8% |
| Others | 114 | 69.7 | 77.5 | 48.5 | -24.8% |
| Total | 652 | 800 | 494 | 1,014 | 15.9% |
Top Suppliers of Silicates; Sodium Metasilicates to Spain in 2022:
- Belgium (788.8 tons)
- Netherlands (516.9 tons)
- China (77.7 tons)
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