Price for Silicates; Commercial Alkali Metal Silicates in Sudan - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Sudan (CIF) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in Sudan
Price for Silicates; Commercial Alkali Metal Silicates in Sudan (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $557 per ton, increasing by 55% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates import price increased by +98.7% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United Arab Emirates ($927 per ton), while the price for India ($395 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Silicates; Commercial Alkali Metal Silicates in Sudan
For the third year in a row, Sudan recorded decline in overseas purchases of silicates; commercial alkali metal silicateses, which decreased by -58.8% to 2.3K tons in 2022. In general, imports recorded a dramatic downturn. The smallest decline of -30.3% was in 2021.
In value terms, silicates; commercial alkali metal silicates imports declined dramatically to $1.3M in 2022. Overall, imports continue to indicate a significant decline. The smallest decline of -22.2% was in 2021.
| Import of Silicates; Commercial Alkali Metal Silicates in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,722 | 1,377 | 1,287 | 700 | -25.9% |
| Egypt | 609 | 492 | 382 | 449 | -9.7% |
| United Arab Emirates | 8.1 | 113 | 176 | 58.6 | 93.4% |
| China | 686 | 374 | 112 | 49.0 | -58.5% |
| India | 457 | 218 | 41.9 | 21.6 | -63.8% |
| Others | 23.1 | 19.4 | 20.0 | 8.4 | -28.6% |
| Total | 3,506 | 2,593 | 2,018 | 1,286 | -28.4% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Sudan in 2022:
- Saudi Arabia (1322.8 tons)
- Egypt (765.7 tons)
- China (102.9 tons)
- United Arab Emirates (63.2 tons)
- India (54.5 tons)
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