Price for Silicates; commercial alkali metal silicates, other than of sodium or potassium in the United Arab Emirates - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the United Arab Emirates (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the United Arab Emirates (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the United Arab Emirates
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the United Arab Emirates
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the United Arab Emirates (CIF) - 2022
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $4,014 per ton in 2022, growing by 28% against the previous year. In general, the import price recorded a significant increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 295% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Japan ($5,538 per ton), while the price for Malaysia ($546 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+36.5%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $9,795 per ton, increasing by 562% against the previous year. Over the period under review, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($79,675 per ton), while the average price for exports to Ethiopia ($996 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 Turkey (+41.7%), 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 the United Arab Emirates
Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into the United Arab Emirates soared to 898 tons in 2022, picking up by 47% on 2021. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $3.6M in 2022. Overall, imports saw a significant expansion. 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 the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 2,274 | 0% |
| United States | 739 | 470 | 433 | 508 | -11.7% |
| Netherlands | 277 | 389 | 608 | 282 | 0.6% |
| China | N/A | 252 | 147 | 184 | -14.6% |
| India | 66.6 | 45.0 | 86.9 | 80.0 | 6.3% |
| United Kingdom | 65.2 | 58.2 | 14.2 | 56.9 | -4.4% |
| Malaysia | 6.0 | 28.7 | N/A | 12.5 | 27.7% |
| Taiwan (Chinese) | 212 | 118 | 119 | N/A | -25.1% |
| Saudi Arabia | 34.4 | 30.5 | 23.6 | N/A | -17.2% |
| Others | 160 | 496 | 480 | 204 | 8.4% |
| Total | 1,561 | 1,888 | 1,911 | 3,603 | 32.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to the United Arab Emirates in 2022:
- Japan (410.7 tons)
- China (139.7 tons)
- United States (131.9 tons)
- Netherlands (87.5 tons)
- India (38.7 tons)
- United Kingdom (32.0 tons)
- Malaysia (22.8 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the United Arab Emirates
In 2022, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -99.9% to 13 tons, falling for the second consecutive year after two years of growth. In general, exports saw a dramatic setback. The pace of growth was the most pronounced in 2020 when exports increased by 64%. As a result, the exports attained the peak of 13K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia reduced notably to $123K in 2022. Overall, exports showed a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 85%. As a result, the exports attained the peak of $17M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| Ethiopia | N/A | N/A | N/A | N/A | 0% |
| India | 8.6 | 16.2 | 13.3 | N/A | 24.4% |
| Tanzania | 0.2 | N/A | N/A | N/A | 0% |
| Oman | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Bahrain | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 0.9 | N/A | 200.0% |
| Total | 8.9 | 16.6 | 14.3 | 0.1 | -77.6% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from the United Arab Emirates in 2022:
- Ethiopia (5.6 tons)
- Bahrain (5.1 tons)
- Oman (0.8 tons)
- Turkey (0.8 tons)
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