Price for Silicates; Commercial Alkali Metal Silicates in Algeria - 2022

Price for Silicates; Commercial Alkali Metal Silicates in Algeria (CIF) - 2022

The average import price for silicates; commercial alkali metal silicateses stood at $625 per ton in 2022, jumping by 64% against the previous year. In general, the import price, however, saw a perceptible contraction. The import price peaked at $837 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,044 per ton), while the price for Tunisia ($410 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 (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Algeria (FOB) - 2022

In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $878 per ton, falling by -9.5% against the previous year. Over the period under review, the export price, however, posted a prominent increase. The pace of growth was the most pronounced in 2013 an increase of 144% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,763 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Tunisia.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Silicates; Commercial Alkali Metal Silicates in Algeria

In 2022, overseas purchases of silicates; commercial alkali metal silicateses decreased by -73.8% to 2.8K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp descent. The growth pace was the most rapid in 2020 when imports increased by 55%. As a result, imports attained the peak of 22K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, silicates; commercial alkali metal silicates imports dropped notably to $1.7M in 2022. In general, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 35%. As a result, imports reached the peak of $8.1M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Silicates; Commercial Alkali Metal Silicates in Algeria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	2,154	2,968	539	695	-31.4%
Tunisia	499	521	575	288	-16.7%
Italy	141	220	291	213	14.7%
Egypt	242	701	94.5	180	-9.4%
Spain	2,146	2,904	2,006	144	-59.4%
Czech Republic	283	284	290	122	-24.5%
Others	552	498	254	103	-42.9%
Total	6,017	8,097	4,050	1,743	-33.8%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Algeria in 2022:

Saudi Arabia (1194.7 tons)
Tunisia (702.3 tons)
Spain (208.5 tons)
Italy (203.8 tons)
Egypt (199.2 tons)
Czech Republic (192.0 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Algeria

Silicates; commercial alkali metal silicates exports from Algeria surged to 51 tons in 2022, picking up by 39% on the previous year's figure. Overall, total exports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +38.8% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, silicates; commercial alkali metal silicates exports soared to $45K in 2022. The total export value increased at an average annual rate of +25.7% from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.