Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus - 2022

Contents:

  1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus (FOB) - 2022
  2. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus (CIF) - 2022
  3. Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus
  4. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus (FOB) - 2022

The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $173 per ton in March 2022, which is down by -24% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2021 when the average export price increased by 15% m-o-m. Over the period under review, the average export prices hit record highs at $228 per ton in February 2022, and then reduced rapidly in the following month.

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

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +0.2% per month.

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus (CIF) - 2022

The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $327 per ton in 2022, shrinking by -12.3% against the previous year. Over the period under review, the import price, however, saw measured growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 65%. Over the period under review, average import prices hit record highs at $471 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($337 per ton), while the price for Poland stood at $246 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.3%), while the prices for the other major suppliers experienced a decline.

Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus

In 2022, exports of silicates; of sodium (excluding sodium metasilicates)s from Belarus contracted notably to 19K tons, reducing by -26.5% on the year before. Overall, exports continue to indicate a abrupt decrease. The smallest decline of -1.2% was in 2020.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s reduced to $4.3M in 2022. In general, exports faced a abrupt contraction. The smallest decline of -12.5% was in 2020.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.35.44.03.9-14.8%
Ukraine0.40.40.50.40.0%
OthersN/AN/A0.5N/A0%
Total6.75.95.04.3-13.7%

Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Belarus in 2022:

  1. Russia (16.8K tons)
  2. Ukraine (1.8K tons)

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus

Imports of silicates; of sodium (excluding sodium metasilicates)s into Belarus contracted notably to 176 tons in 2022, which is down by -57.1% compared with 2021. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 141% against the previous year. As a result, imports reached the peak of 410 tons, and then fell sharply in the following year.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s reduced dramatically to $58K in 2022. Over the period under review, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of $153K, and then reduced dramatically in the following year.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia10157.712653.2-19.2%
Poland5.917.28.84.4-9.3%
Others6.95.218.7N/A64.6%
Total11480.115357.6-20.4%

Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Belarus in 2022:

  1. Russia (158.1 tons)
  2. Poland (18.0 tons)

Source: IndexBox Market Intelligence Platform

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