Price for Silicates; Commercial Alkali Metal Silicates in Hungary - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Hungary (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Hungary (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in Hungary
- Exports of Silicates; Commercial Alkali Metal Silicates in Hungary
Price for Silicates; Commercial Alkali Metal Silicates in Hungary (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $435 per ton, growing by 15% against the previous year. Overall, the import price saw a tangible expansion. The pace of growth appeared the most rapid in 2017 an increase of 45% against the previous year. The import price peaked at $1,139 per ton in 2018; however, from 2019 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 Germany ($1,377 per ton), while the price for Italy ($173 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicates; Commercial Alkali Metal Silicates in Hungary (FOB) - 2022
The average export price for silicates; commercial alkali metal silicateses stood at $2,230 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded resilient growth. The pace of growth appeared the most rapid in 2018 an increase of 112%. Over the period under review, the average export prices reached the peak figure at $3,458 per ton in 2019; however, from 2020 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 Australia ($6,096 per ton), while the average price for exports to the Netherlands ($579 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 Lithuania (+58.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; Commercial Alkali Metal Silicates in Hungary
In 2022, the amount of silicates; commercial alkali metal silicateses imported into Hungary amounted to 5.8K tons, approximately equating 2021 figures. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, silicates; commercial alkali metal silicates imports expanded significantly to $2.5M in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Silicates; Commercial Alkali Metal Silicates in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 499 | 576 | 753 | 912 | 22.3% |
| Czech Republic | 250 | 255 | 383 | 567 | 31.4% |
| Italy | 410 | 487 | 512 | 364 | -3.9% |
| Germany | 240 | 253 | 233 | 349 | 13.3% |
| Netherlands | 125 | 71.6 | 137 | 229 | 22.4% |
| Slovakia | 334 | 96.7 | 6.2 | 1.9 | -82.1% |
| Others | 232 | 172 | 179 | 107 | -22.7% |
| Total | 2,091 | 1,912 | 2,204 | 2,531 | 6.6% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Hungary in 2022:
- Poland (2228.9 tons)
- Italy (2110.2 tons)
- Czech Republic (862.9 tons)
- Netherlands (259.9 tons)
- Germany (253.7 tons)
- Slovakia (8.5 tons)
Exports of Silicates; Commercial Alkali Metal Silicates in Hungary
In 2022, overseas shipments of silicates; commercial alkali metal silicateses decreased by -5.8% to 162 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 226%. As a result, the exports reached the peak of 184 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, silicates; commercial alkali metal silicates exports dropped to $361K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66%.
| Export of Silicates; Commercial Alkali Metal Silicates in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.1 | 57.1 | 85.9 | 103 | 221.5% |
| Australia | 20.9 | 16.3 | 33.2 | 66.0 | 46.7% |
| Georgia | 2.6 | 8.1 | 24.9 | 42.9 | 154.6% |
| Romania | 13.2 | 38.7 | 48.6 | 39.5 | 44.1% |
| Singapore | 81.8 | 92.5 | N/A | 29.7 | -28.7% |
| Croatia | 4.4 | 5.7 | 10.8 | 17.9 | 59.6% |
| Bulgaria | N/A | N/A | 1.4 | 12.5 | 792.9% |
| United States | 1.4 | 23.1 | 16.3 | 11.9 | 104.1% |
| Lithuania | N/A | N/A | N/A | 7.7 | 0% |
| Denmark | 1.7 | 6.2 | 2.7 | 6.0 | 52.3% |
| Netherlands | N/A | 12.5 | N/A | 0.1 | -91.1% |
| Belarus | 32.1 | 37.8 | 31.3 | N/A | -1.3% |
| Others | 34.4 | 25.7 | 128 | 24.2 | -11.1% |
| Total | 196 | 324 | 383 | 361 | 22.6% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Hungary in 2022:
- United Kingdom (65.8 tons)
- Romania (30.2 tons)
- Georgia (19.0 tons)
- Australia (10.8 tons)
- Bulgaria (5.9 tons)
- Singapore (5.3 tons)
- Denmark (4.9 tons)
- United States (4.4 tons)
- Croatia (3.0 tons)
- Lithuania (2.8 tons)
- Netherlands (0.1 tons)
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