Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Latvia - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Latvia (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Latvia (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Latvia
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Latvia
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Latvia (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $4,739 per ton, jumping by 16% against the previous year. In general, the import price enjoyed a strong increase. The growth pace was the most rapid in 2016 an increase of 172%. The import price peaked at $8,048 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,185 per ton), while the price for Sweden ($1,100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.8%), 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 Latvia (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $8,774 per ton, reducing by -3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 77%. The export price peaked at $9,880 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($8,777 per ton), while the average price for exports to Estonia amounted to $8,769 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+44.3%), 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 Latvia
In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia imported into Latvia shrank markedly to 13 tons, which is down by -25.6% on the previous year's figure. Overall, imports showed a sharp shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 11%.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell to $59K in 2022. In general, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 6.7% against the previous year.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 28.2 | 51.7 | 83.3% |
| Sweden | 0.6 | 6.9 | 11.4 | 7.3 | 130.0% |
| Germany | 48.7 | 54.4 | 29.0 | 0.3 | -81.7% |
| Poland | 10.8 | 0.7 | N/A | N/A | -93.5% |
| Italy | 14.6 | 1.9 | N/A | N/A | -87.0% |
| Others | 1.1 | 0.6 | 0.1 | 0.2 | -43.3% |
| Total | 75.7 | 64.4 | 68.7 | 59.5 | -7.7% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Latvia in 2022:
- Sweden (6.6 tons)
- Netherlands (5.9 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Latvia
In 2022, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -8.8% to 3.7 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 4.1 tons, and then declined in the following year.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia dropped to $33K in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 11%.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 10.6 | 20.6 | 23.4 | 20.5 | 24.6% |
| Estonia | 7.7 | 13.7 | 13.5 | 12.2 | 16.6% |
| Poland | 0.2 | N/A | N/A | N/A | 0% |
| Others | 13.4 | 1.3 | 0.1 | N/A | -91.4% |
| Total | 32.0 | 35.5 | 37.0 | 32.8 | 0.8% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Latvia in 2022:
- Lithuania (2.3 tons)
- Estonia (1.4 tons)
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