Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore (CIF) - 2022
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,147 per ton in 2022, falling by -25.8% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The growth pace was the most rapid in 2014 an increase of 35% against the previous year. As a result, import price reached the peak level of $3,622 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 Germany ($12,089 per ton), while the price for Malaysia ($233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.4%), 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 Singapore (FOB) - 2022
The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,760 per ton in 2022, shrinking by -46.7% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 173%. As a result, the export price attained the peak level of $9,830 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($8,769 per ton), while the average price for exports to Indonesia totaled $864 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+4.8%), while the prices for the other major destinations experienced a decline.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore
After three years of growth, purchases abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -2.4% to 2.1K tons in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia declined notably to $2.4M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,449 | 1,746 | 2,177 | 1,269 | -4.3% |
| Malaysia | 73.4 | 197 | 348 | 353 | 68.8% |
| China | 132 | 120 | 242 | 265 | 26.2% |
| India | 3.4 | 3.7 | 6.8 | 161 | 261.8% |
| Taiwan (Chinese) | 244 | 229 | 231 | 103 | -25.0% |
| Netherlands | 235 | 103 | 92.1 | 84.3 | -28.9% |
| Thailand | 117 | 124 | 38.7 | N/A | -42.5% |
| Others | 123 | 408 | 131 | 128 | 1.3% |
| Total | 2,376 | 2,930 | 3,266 | 2,365 | -0.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Singapore in 2022:
- Malaysia (1519.3 tons)
- United States (228.1 tons)
- Netherlands (91.5 tons)
- India (90.7 tons)
- China (59.9 tons)
- Taiwan (Chinese) (52.7 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore
In 2022, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia from Singapore expanded to 148 tons, increasing by 1.9% on the previous year's figure. Over the period under review, exports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 165%.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell dramatically to $261K in 2022. In general, exports, however, recorded a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 127%.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 640 | 121 | 302 | 134 | -40.6% |
| Indonesia | 18.4 | 7.8 | 33.9 | 111 | 82.0% |
| Taiwan (Chinese) | N/A | N/A | 18.0 | N/A | 0% |
| Netherlands | N/A | 18.2 | N/A | N/A | 0% |
| Others | 77.8 | 64.3 | 127 | 16.2 | -40.7% |
| Total | 736 | 212 | 481 | 261 | -29.2% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Singapore in 2022:
- Indonesia (128.7 tons)
- Malaysia (15.3 tons)
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