Silicates; Sodium Metasilicates Price in Egypt - 2023
Contents:
- Silicates; Sodium Metasilicates Price in Egypt (CIF) - 2022
- Silicates; Sodium Metasilicates Price in Egypt (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Egypt
- Silicates; Sodium Metasilicates Exports in Egypt
Silicates; Sodium Metasilicates Price in Egypt (CIF) - 2022
The average silicates; sodium metasilicates import price stood at $849 per ton in 2022, rising by 33% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; sodium metasilicates import price increased by +31.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 56% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($849 per ton) and Belgium ($849 per ton), while the price for China ($849 per ton) and the UK ($849 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicates; Sodium Metasilicates Price in Egypt (FOB) - 2022
The average silicates; sodium metasilicates export price stood at $821 per ton in 2022, growing by 37% against the previous year. In general, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 148%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Syrian Arab Republic ($821 per ton) and Russia ($821 per ton), while the average price for exports to Turkey ($821 per ton) and Angola ($821 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+41.8%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Imports in Egypt
For the third consecutive year, Egypt recorded decline in overseas purchases of silicates; sodium metasilicateses, which decreased by -69.4% to 275 tons in 2022. Over the period under review, imports faced a precipitous decrease. The smallest decline of -7% was in 2021.
In value terms, silicates; sodium metasilicates imports shrank dramatically to $234K in 2022. Overall, imports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 2.7%.
| Import of Silicates; Sodium Metasilicates in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 69.0 | 50.0 | 113 | 80.0 | 5.1% |
| China | 537 | 379 | 314 | 58.6 | -52.2% |
| United Kingdom | 15.8 | 26.6 | 3.2 | 40.1 | 36.4% |
| Belgium | 26.2 | 43.9 | 41.3 | 30.3 | 5.0% |
| Turkey | N/A | N/A | N/A | 15.0 | 0% |
| Germany | 18.8 | 33.2 | 52.8 | 9.7 | -19.8% |
| Others | 16.3 | 24.1 | 46.9 | N/A | 69.6% |
| Total | 683 | 557 | 572 | 234 | -30.0% |
Top Suppliers of Silicates; Sodium Metasilicates to Egypt in 2022:
- Netherlands (94.3 tons)
- China (69.1 tons)
- United Kingdom (47.3 tons)
- Belgium (35.7 tons)
- Turkey (17.7 tons)
- Germany (11.5 tons)
Silicates; Sodium Metasilicates Exports in Egypt
Silicates; sodium metasilicates exports from Egypt skyrocketed to 1.6K tons in 2022, rising by 208% compared with the previous year's figure. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 110,116% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, silicates; sodium metasilicates exports surged to $1.3M in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 101,233%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Silicates; Sodium Metasilicates in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 34.9 | N/A | 171 | 904 | 195.9% |
| Syrian Arab Republic | N/A | N/A | N/A | 187 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 59.5 | 0% |
| Turkey | N/A | N/A | 10.2 | 54.5 | 434.3% |
| Russia | N/A | N/A | 24.2 | 37.2 | 53.7% |
| Angola | 63.0 | N/A | N/A | 26.7 | -24.9% |
| Dominican Republic | 143 | N/A | N/A | N/A | 0% |
| Kuwait | N/A | N/A | 29.4 | N/A | 0% |
| Sudan | 22.4 | N/A | N/A | N/A | 0% |
| Algeria | 65.6 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.3 | 68.1 | 5.0 | 102.7% |
| Total | 330 | 0.3 | 303 | 1,274 | 56.9% |
Top Export Markets for Silicates; Sodium Metasilicates from Egypt in 2022:
- United States (1101.2 tons)
- Syrian Arab Republic (228.4 tons)
- Taiwan (Chinese) (72.5 tons)
- Turkey (66.4 tons)
- Russia (45.3 tons)
- Angola (32.6 tons)
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