Silicates; Sodium Metasilicates Price in the UK - 2023
Contents:
- Silicates; Sodium Metasilicates Price in the UK (CIF) - 2022
- Silicates; Sodium Metasilicates Price in the UK (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in the UK
- Silicates; Sodium Metasilicates Exports in the UK
Silicates; Sodium Metasilicates Price in the UK (CIF) - 2022
In 2022, the average silicates; sodium metasilicates import price amounted to $870 per ton, with an increase of 70% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $887 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,936 per ton), while the price for the Netherlands ($715 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced a decline.
Silicates; Sodium Metasilicates Price in the UK (FOB) - 2022
In 2022, the average silicates; sodium metasilicates export price amounted to $3,175 per ton, surging by 18% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 100%. Over the period under review, the average export prices reached the maximum at $3,890 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,955 per ton), while the average price for exports to Iceland ($1,196 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 the United States (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.
Silicates; Sodium Metasilicates Imports in the UK
In 2022, approx. 3.3K tons of silicates; sodium metasilicateses were imported into the UK; rising by 32% on 2021. In general, imports, however, continue to indicate a noticeable slump.
In value terms, silicates; sodium metasilicates imports surged to $2.8M in 2022. Overall, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Sodium Metasilicates in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,073 | 775 | 763 | 1,332 | 7.5% |
| Belgium | 567 | 245 | 387 | 870 | 15.3% |
| China | 268 | 167 | 107 | 275 | 0.9% |
| United States | 2.7 | 3.3 | 5.8 | 205 | 323.4% |
| Others | 19.1 | 153 | 3.5 | 159 | 102.7% |
| Total | 1,929 | 1,343 | 1,267 | 2,841 | 13.8% |
Top Suppliers of Silicates; Sodium Metasilicates to the UK in 2022:
- Netherlands (1863.6 tons)
- Belgium (905.3 tons)
- China (328.1 tons)
- United States (105.7 tons)
Silicates; Sodium Metasilicates Exports in the UK
Silicates; sodium metasilicates exports from the UK declined modestly to 157 tons in 2022, which is down by -2.8% against 2021 figures. In general, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 78%. As a result, the exports attained the peak of 162 tons, and then declined slightly in the following year.
In value terms, silicates; sodium metasilicates exports expanded notably to $499K in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 256%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Silicates; Sodium Metasilicates in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.5 | 1.3 | 69.1 | 190 | 624.3% |
| China | 41.4 | N/A | N/A | 73.3 | 21.0% |
| Ireland | 54.5 | 25.6 | 27.3 | 37.3 | -11.9% |
| Netherlands | 8.7 | 5.6 | 2.5 | 26.3 | 44.6% |
| France | 0.8 | 0.3 | N/A | 26.3 | 220.3% |
| Poland | 0.4 | 0.7 | 1.3 | 20.6 | 272.1% |
| India | 25.7 | 1.5 | 28.4 | 13.4 | -19.5% |
| Iceland | 5.9 | 9.5 | 6.7 | 10.8 | 22.3% |
| United States | 66.5 | 1.6 | N/A | 8.0 | -50.6% |
| Kuwait | 17.2 | 5.6 | N/A | 5.0 | -33.8% |
| Czech Republic | 9.0 | 4.1 | 6.0 | 2.7 | -33.1% |
| Norway | N/A | 18.6 | N/A | N/A | 0% |
| Morocco | N/A | N/A | 189 | N/A | 0% |
| Others | 42.0 | 47.8 | 105 | 85.1 | 26.5% |
| Total | 273 | 122 | 435 | 499 | 22.3% |
Top Export Markets for Silicates; Sodium Metasilicates from the UK in 2022:
- Germany (52.1 tons)
- China (22.6 tons)
- Ireland (17.8 tons)
- Netherlands (11.6 tons)
- Poland (10.0 tons)
- Iceland (9.0 tons)
- France (8.0 tons)
- India (6.0 tons)
- United States (1.2 tons)
- Kuwait (0.9 tons)
- Czech Republic (0.7 tons)
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