Price for Double or Complex Silicates in Estonia - 2023

Price for Double or Complex Silicates in Estonia (CIF) - 2022

In 2022, the average double or complex silicates import price amounted to $2,163 per ton, surging by 57% against the previous year. Over the period under review, the import price showed a tangible expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 78% against the previous year. As a result, import price reached the peak level of $2,779 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,845 per ton), while the price for Latvia ($611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Double or Complex Silicates in Estonia (FOB) - 2022

The average double or complex silicates export price stood at $2,838 per ton in 2022, shrinking by -32.5% against the previous year. Over the period under review, the export price, however, showed a mild expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 49%. The export price peaked at $5,597 per ton in 2020; however, from 2021 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 Lithuania ($3,286 per ton), while the average price for exports to Latvia ($1,947 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 Latvia (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Double or Complex Silicates in Estonia

In 2022, imports of double or complex silicates into Estonia surged to 41 tons, picking up by 53% compared with the previous year's figure. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 122%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, double or complex silicates imports soared to $89K in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 296% against the previous year. As a result, imports reached the peak of $107K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Double or Complex Silicates in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	19.7	18.7	17.1	69.3	52.1%
Lithuania	N/A	7.3	11.0	8.7	9.2%
Latvia	N/A	7.3	8.7	5.9	-10.1%
Denmark	N/A	N/A	N/A	5.3	0%
Belgium	N/A	73.7	N/A	N/A	0%
Others	7.3	0.3	0.6	0.1	-76.1%
Total	27.1	107	37.3	89.2	48.8%

Top Suppliers of Double or Complex Silicates to Estonia in 2022:

Belgium (undefined tons)
Germany (24.3 tons)
Latvia (9.6 tons)
Lithuania (4.7 tons)
Denmark (2.5 tons)

Exports of Double or Complex Silicates in Estonia

Double or complex silicates exports from Estonia skyrocketed to 21 tons in 2022, jumping by 3,408% on the previous year's figure. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, double or complex silicates exports surged to $59K in 2022. In general, exports, however, recorded a abrupt decline.