Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania - 2023

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania
  4. Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,729 per ton, with an increase of 4.1% against the previous year. In general, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 172%. The import price peaked at $9,323 per ton in 2020; however, from 2021 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 the United States ($9,902 per ton), while the price for Poland ($563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $5,497 per ton in 2022, jumping by 33% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2013 when the average export price increased by 531%. The export price peaked at $10,771 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($16,224 per ton), while the average price for exports to Latvia ($2,332 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 Estonia (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania

In 2022, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Lithuania skyrocketed to 123 tons, increasing by 151% compared with 2021 figures. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $212K in 2022. Overall, imports, however, recorded a deep setback.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1.02.55.480.4331.6%
United States23031213.629.4-49.6%
SpainN/AN/A0.426.06400.0%
Germany18.32.28.124.410.1%
Latvia18.220.323.220.43.9%
Netherlands0.2N/A2.813.6308.2%
Estonia2.95.34.13.78.5%
Poland16.79.613.33.1-43.0%
Others0.81.310.411.2141.0%
Total28835481.2212-9.7%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Lithuania in 2022:

  1. Czech Republic (83.8 tons)
  2. Germany (17.1 tons)
  3. Poland (5.5 tons)
  4. Spain (4.5 tons)
  5. Netherlands (3.2 tons)
  6. United States (3.0 tons)
  7. Estonia (2.4 tons)
  8. Latvia (2.3 tons)

Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania

After two years of decline, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia increased by 93% to 14 tons in 2022. Over the period under review, exports, however, saw a abrupt curtailment.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $79K in 2022. Overall, exports showed a pronounced increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus11.214.415.228.436.4%
United KingdomN/AN/AN/A21.60%
Russia5.729.48.914.034.9%
Iceland21.610.0N/A9.1-25.0%
Estonia3.2N/A3.42.5-7.9%
Latvia4.511.70.21.5-30.7%
Kazakhstan9.8N/AN/A0.3-68.7%
Norway15.8N/AN/AN/A0%
Ukraine1.30.23.1N/A54.4%
OthersN/A5.9N/A1.6-47.9%
Total73.171.630.779.12.7%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Lithuania in 2022:

  1. Russia (5.1 tons)
  2. Belarus (4.5 tons)
  3. United Kingdom (2.5 tons)
  4. Estonia (0.7 tons)
  5. Iceland (0.6 tons)
  6. Latvia (0.6 tons)
  7. Kazakhstan (0.1 tons)

Source: IndexBox Market Intelligence Platform

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