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

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Angola (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Angola (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Angola
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Angola

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

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $543 per ton, growing by 3.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 42% against the previous year. The import price peaked at $577 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Lebanon ($1,073 per ton), while the price for South Korea ($373 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for silicates; commercial alkali metal silicateses stood at $2,169 per ton in 2021, falling by -21.5% against the previous year. Overall, the export price faced a abrupt slump. The pace of growth appeared the most rapid in 2016 a decrease of -7.7%. Over the period under review, the average export prices hit record highs at $8,106 per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Congo ($15,928 per ton), while the average price for exports to Namibia stood at $1,965 per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+87.5%).

Imports of Silicates; Commercial Alkali Metal Silicates in Angola

In 2022, silicates; commercial alkali metal silicates imports into Angola shrank remarkably to 6.2K tons, which is down by -25.9% against the year before. Over the period under review, imports saw a noticeable reduction. The pace of growth appeared the most rapid in 2021 with an increase of 105%. As a result, imports attained the peak of 8.3K tons, and then dropped remarkably in the following year.

In value terms, silicates; commercial alkali metal silicates imports dropped sharply to $3.3M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 87%. As a result, imports attained the peak of $4.4M, and then reduced dramatically in the following year.

Import of Silicates; Commercial Alkali Metal Silicates in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1,7405881,9661,638-2.0%
China76.1568140906128.3%
Portugal6665101,191436-13.2%
South Korea10.030.291.634.651.2%
Others894638976334-28.0%
Total3,3872,3344,3653,349-0.4%

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

  1. Egypt (2.9K tons)
  2. China (2.3K tons)
  3. Portugal (0.5K tons)
  4. South Korea (0.1K tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Angola

In 2021, overseas shipments of silicates; commercial alkali metal silicateses decreased by -42.7% to 10 tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 166%. As a result, the exports reached the peak of 18 tons, and then shrank markedly in the following year.

In value terms, silicates; commercial alkali metal silicates exports shrank markedly to $23K in 2021. Over the period under review, exports showed a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 68%. As a result, the exports reached the peak of $50K, and then declined markedly in the following year.

Export of Silicates; Commercial Alkali Metal Silicates in Angola (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
NamibiaN/AN/A20.10%
Congo29.6N/A2.4-71.5%
IndonesiaN/A50.0N/A0%
Others0.10.1N/A0.0%
Total29.850.122.6-12.9%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Angola in 2022:

  1. Namibia (10.2 tons)
  2. Congo (0.2 tons)

Source: IndexBox Market Intelligence Platform

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