Price for Silicates; Commercial Alkali Metal Silicates in Sweden - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Sweden (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Sweden (FOB) - 2023
- Imports of Silicates; Commercial Alkali Metal Silicates in Sweden
- Exports of Silicates; Commercial Alkali Metal Silicates in Sweden
Price for Silicates; Commercial Alkali Metal Silicates in Sweden (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $552 per ton, increasing by 47% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates import price increased by +85.3% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,090 per ton), while the price for Poland ($492 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in Sweden (FOB) - 2023
In August 2023, the average export price for silicates; commercial alkali metal silicateses amounted to $616 per ton, with an increase of 2.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in November 2022 an increase of 35% against the previous month. As a result, the export price reached the peak level of $803 per ton. From December 2022 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($3,197 per ton), while the average price for exports to Norway amounted to $450 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.0%).
Imports of Silicates; Commercial Alkali Metal Silicates in Sweden
Silicates; commercial alkali metal silicates imports into Sweden surged to 31K tons in 2022, growing by 22% compared with 2021 figures. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, silicates; commercial alkali metal silicates imports surged to $17M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.7 | 3.5 | 4.0 | 8.3 | 45.4% |
| Germany | 4.2 | 4.8 | 3.6 | 7.2 | 19.7% |
| Netherlands | 0.6 | 0.4 | 0.5 | 0.6 | 0.0% |
| Norway | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Others | 0.6 | 0.9 | 1.2 | 0.8 | 10.1% |
| Total | 8.3 | 9.9 | 9.6 | 17.3 | 27.7% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Sweden in 2022:
- Poland (16.8K tons)
- Germany (13.0K tons)
- Netherlands (0.6K tons)
- Norway (0.4K tons)
Exports of Silicates; Commercial Alkali Metal Silicates in Sweden
For the third year in a row, Sweden recorded decline in overseas shipments of silicates; commercial alkali metal silicateses, which decreased by -14.3% to 7.3K tons in 2022. Overall, exports showed a deep downturn. The smallest decline of -0.7% was in 2021.
In value terms, silicates; commercial alkali metal silicates exports expanded slightly to $4.1M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 7.8% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Silicates; Commercial Alkali Metal Silicates in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.6 | 2.7 | 2.9 | 2.9 | 3.7% |
| India | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Russia | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 0.8 | 0.9 | 1.0 | 7.7% |
| Total | 3.8 | 3.7 | 4.0 | 4.1 | 2.6% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Sweden in 2022:
- Norway (6.7K tons)
- India (0.1K tons)
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