Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy (FOB) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy (CIF) - 2022
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $337 per ton in 2022, waning by -4.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 23% against the previous year. As a result, the export price reached the peak level of $428 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($466 per ton), while the average price for exports to Romania ($195 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 Hungary (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $679 per ton in 2022, with an increase of 86% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,789 per ton), while the price for France ($369 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy
In 2022, approx. 63K tons of silicates; of sodium (excluding sodium metasilicates)s were exported from Italy; increasing by 52% against the year before. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 76% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $21M in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 93% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.8 | 3.8 | 8.7 | 13.0 | 39.4% |
| Slovenia | 0.8 | 0.8 | 0.9 | 1.8 | 31.0% |
| Germany | 0.1 | 0.5 | 1.5 | 1.6 | 152.0% |
| Kuwait | 0.6 | 0.4 | 0.7 | 0.7 | 5.3% |
| Poland | 0.2 | 0.2 | 0.4 | 0.6 | 44.2% |
| Romania | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Serbia | 0.2 | 0.1 | N/A | 0.3 | 14.5% |
| Hungary | 0.4 | 0.4 | 0.4 | 0.3 | -9.1% |
| Others | 1.3 | 1.3 | 1.9 | 2.7 | 27.6% |
| Total | 8.5 | 7.6 | 14.8 | 21.4 | 36.0% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Italy in 2022:
- France (37.8K tons)
- Slovenia (8.8K tons)
- Germany (6.3K tons)
- Romania (1.8K tons)
- Poland (1.4K tons)
- Serbia (1.3K tons)
- Hungary (1.2K tons)
- Kuwait (0.8K tons)
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy
In 2022, approx. 26K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Italy; with a decrease of -52.3% against the previous year. Overall, imports faced a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of 55K tons, and then fell dramatically in the following year.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s contracted to $18M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, imports reached the peak of $20M, and then shrank in the following year.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.9 | 3.2 | 4.4 | 5.2 | 21.5% |
| Poland | 1.9 | 1.0 | 1.9 | 4.7 | 35.2% |
| Egypt | 0.3 | N/A | 0.8 | 4.0 | 137.1% |
| Germany | 1.0 | 1.5 | 1.7 | 1.6 | 17.0% |
| France | 0.7 | 0.5 | 0.7 | 0.8 | 4.6% |
| Slovenia | 0.6 | 0.6 | 0.7 | 0.6 | 0.0% |
| Spain | 1.1 | 0.1 | 0.6 | 0.4 | -28.6% |
| Ukraine | 7.3 | 6.7 | 8.9 | N/A | 10.4% |
| Others | 0.4 | 0.5 | 0.4 | 0.6 | 14.5% |
| Total | 16.3 | 14.3 | 20.1 | 17.8 | 3.0% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Italy in 2022:
- Egypt (9.6K tons)
- Poland (8.5K tons)
- Netherlands (3.1K tons)
- France (2.2K tons)
- Germany (0.9K tons)
- Spain (0.8K tons)
- Slovenia (0.5K tons)
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