Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Egypt - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Egypt (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Egypt (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Egypt
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Egypt
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Egypt (CIF) - 2022
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $2,404 per ton in 2022, rising by 59% against the previous year. Over the period under review, the import price continues to indicate a prominent 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 India ($2,452 per ton), while the price for Italy ($1,028 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.9%), 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 Egypt (FOB) - 2022
The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $2,432 per ton in 2022, declining by -10.4% against the previous year. Overall, the export price, however, showed a tangible expansion. The growth pace was the most rapid in 2020 when the average export price increased by 88%. The export price peaked at $2,714 per ton in 2021, and then dropped in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($2,438 per ton), while the average price for exports to Sudan ($2,425 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 Israel (+40.9%), 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 Egypt
In 2022, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -14% to 616 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 2.3% against the previous year. As a result, imports reached the peak of 931 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $1.5M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 249 | 420 | 221 | 520 | 27.8% |
| China | 215 | 113 | 117 | 426 | 25.6% |
| Turkey | 101 | 154 | 100 | 407 | 59.1% |
| India | 60.0 | 50.3 | 47.4 | 80.3 | 10.2% |
| Italy | 10.1 | 18.7 | 13.7 | 21.3 | 28.2% |
| Japan | 201 | 234 | 237 | N/A | 8.6% |
| Saudi Arabia | 72.3 | 75.1 | 68.2 | N/A | -2.9% |
| Brazil | 16.1 | 16.7 | 14.7 | N/A | -4.4% |
| Others | 211 | 215 | 260 | 26.2 | -50.1% |
| Total | 1,136 | 1,296 | 1,080 | 1,481 | 9.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Egypt in 2022:
- United States (212.1 tons)
- China (173.9 tons)
- Turkey (166.0 tons)
- India (32.8 tons)
- Italy (20.7 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Egypt
In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia exported from Egypt contracted markedly to 1.4 tons, reducing by -91.6% against the year before. Over the period under review, exports continue to indicate a sharp downturn. The smallest decline of -65.6% was in 2021.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia dropped notably to $3.5K in 2022. Overall, exports saw a precipitous setback. The smallest decline of -61.2% was in 2021.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 2.8 | 0% |
| Saudi Arabia | 0.6 | 0.1 | N/A | 0.4 | -12.6% |
| Sudan | 3.9 | 0.4 | N/A | 0.3 | -57.5% |
| Venezuela | 182 | 53.2 | 23.4 | N/A | -64.1% |
| Dominican Republic | 42.6 | 8.2 | 2.2 | N/A | -77.3% |
| Senegal | 47.6 | 7.4 | 1.2 | N/A | -84.1% |
| Morocco | 19.8 | 4.2 | 1.3 | N/A | -74.4% |
| Greece | 10.4 | 3.0 | 1.3 | N/A | -64.6% |
| Algeria | 9.4 | 8.6 | 3.2 | N/A | -41.7% |
| Libya | 4.7 | 1.0 | 0.3 | N/A | -74.7% |
| Honduras | 5.7 | N/A | N/A | N/A | 0% |
| Turkey | 36.9 | 9.7 | 3.9 | N/A | -67.5% |
| Ukraine | 40.9 | 4.1 | 1.6 | N/A | -80.2% |
| Others | 76.0 | 18.9 | 7.7 | N/A | -68.2% |
| Total | 480 | 119 | 46.2 | 3.5 | -80.6% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Egypt in 2022:
- Israel (1140.0 kg)
- Saudi Arabia (169.0 kg)
- Sudan (120.0 kg)
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