Silicates; Sodium Metasilicates Price in Estonia - 2023

Contents:

1. Silicates; Sodium Metasilicates Price in Estonia (CIF) - 2022
2. Silicates; Sodium Metasilicates Price in Estonia (FOB) - 2022
3. Silicates; Sodium Metasilicates Imports in Estonia
4. Silicates; Sodium Metasilicates Exports in Estonia

Silicates; Sodium Metasilicates Price in Estonia (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $1,042 per ton in 2022, picking up by 55% against the previous year. In general, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 62% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Latvia ($1,100 per ton) and China ($1,003 per ton), while the price for Poland ($799 per ton) and Lithuania ($973 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Silicates; Sodium Metasilicates Price in Estonia (FOB) - 2022

In 2020, the average silicates; sodium metasilicates export price amounted to $457 per ton, with an increase of 5.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 20% against the previous year. As a result, the export price attained the peak level of $489 per ton. From 2019 to 2020, the average export prices failed to regain momentum.

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

From 2013 to 2020, the rate of growth in terms of prices for Lithuania amounted to +1.4% per year.

Silicates; Sodium Metasilicates Imports in Estonia

In 2022, silicates; sodium metasilicates imports into Estonia reached 35 tons, picking up by 12% against the year before. In general, imports, however, saw a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year.

In value terms, silicates; sodium metasilicates imports surged to $36K in 2022. Over the period under review, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 177% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Top Suppliers of Silicates; Sodium Metasilicates to Estonia in 2022:

1. Latvia (13.7 tons)
2. Belgium (12.0 tons)
3. China (5.0 tons)
4. Netherlands (3.0 tons)
5. Lithuania (0.5 tons)

Silicates; Sodium Metasilicates Exports in Estonia

In 2020, silicates; sodium metasilicates exports from Estonia skyrocketed to 23 tons, rising by 44% on the year before. Overall, total exports indicated significant growth from 2019 to 2020: its volume increased at an average annual rate of +44.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; sodium metasilicates exports soared to $11K in 2020. In general, total exports indicated a significant increase from 2019 to 2020: its value increased at an average annual rate of +52.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Silicates; Sodium Metasilicates from Estonia in 2022:

1. Lithuania (23.0 tons)

Source: IndexBox Market Intelligence Platform