Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Spain - 2023

Contents:

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

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

The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $268 per ton in 2022, declining by -11.2% against the previous year. Overall, the export price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2018 an increase of 21%. The export price peaked at $426 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($665 per ton), while the average price for exports to France ($220 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $312 per ton in 2022, with an increase of 18% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2020 an increase of 38%. Over the period under review, average import prices attained the peak figure at $474 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,753 per ton), while the price for France ($108 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 (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of silicates; of sodium (excluding sodium metasilicates)s from Spain soared to 120K tons, increasing by 143% against 2021. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s soared to $32M in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.86.95.721.277.4%
TurkeyN/AN/AN/A3.40%
Dominican Republic0.90.91.01.826.0%
Portugal1.51.21.31.2-7.2%
Bulgaria0.90.60.80.7-8.0%
Italy0.90.50.60.3-30.7%
Algeria1.21.91.1N/A-4.3%
Others2.93.24.43.56.5%
Total12.015.314.932.138.8%

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

  1. France (96.5K tons)
  2. Dominican Republic (7.0K tons)
  3. Turkey (6.7K tons)
  4. Portugal (2.5K tons)
  5. Bulgaria (1.7K tons)
  6. Italy (0.6K tons)
  7. Algeria (0.1K tons)

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

In 2022, approx. 9.9K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Spain; rising by 11% compared with the previous year. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $3.1M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,131668815754-12.6%
Egypt60.423.721.9613116.5%
Portugal27819643143315.9%
United States437597441420-1.3%
Germany86.613115522337.1%
Belgium16311780.01640.2%
Others4362504154843.5%
Total2,5921,9822,3583,0916.0%

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

  1. France (7.0K tons)
  2. Egypt (1.2K tons)
  3. Portugal (0.7K tons)
  4. Belgium (0.3K tons)
  5. United States (0.2K tons)
  6. Germany (0.2K tons)

Source: IndexBox Market Intelligence Platform

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