Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Azerbaijan - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Azerbaijan (CIF) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Azerbaijan
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Azerbaijan (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $2,587 per ton, picking up by 232% against the previous year. In general, the import price enjoyed a notable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 China ($7,710 per ton), while the price for Turkey ($576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Azerbaijan
In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia imported into Azerbaijan fell dramatically to 17 tons, declining by -86.3% against the previous year's figure. Overall, imports showed a sharp slump. The growth pace was the most rapid in 2021 with an increase of 941%. As a result, imports attained the peak of 124 tons, and then dropped notably in the following year.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia dropped notably to $44K in 2022. Over the period under review, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 824%. As a result, imports reached the peak of $96K, and then declined sharply in the following year.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.5 | 0.5 | 5.3 | 17.8 | 39.9% |
| Russia | 1.5 | 0.5 | 8.6 | 9.1 | 82.4% |
| Germany | 0.4 | N/A | 2.6 | 7.6 | 166.8% |
| Turkey | 6.5 | 2.3 | 7.0 | 5.9 | -3.2% |
| China | 1.0 | 0.2 | 0.7 | 3.7 | 54.7% |
| Belgium | N/A | N/A | 19.4 | N/A | 0% |
| United States | 53.1 | 6.1 | 42.7 | N/A | -10.3% |
| France | 1.9 | 0.4 | 3.1 | N/A | 27.7% |
| Others | 4.8 | 0.5 | 6.9 | N/A | 19.9% |
| Total | 75.8 | 10.4 | 96.4 | 44.1 | -16.5% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Azerbaijan in 2022:
- Turkey (10.2 tons)
- Netherlands (3.2 tons)
- Russia (1.9 tons)
- Germany (1.2 tons)
- China (0.5 tons)
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