Silicates; Sodium Metasilicates Price in Finland - 2023

Contents:

1. Silicates; Sodium Metasilicates Price in Finland (CIF) - 2022
2. Silicates; Sodium Metasilicates Price in Finland (FOB) - 2022
3. Silicates; Sodium Metasilicates Imports in Finland
4. Silicates; Sodium Metasilicates Exports in Finland

Silicates; Sodium Metasilicates Price in Finland (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $746 per ton in 2022, with an increase of 35% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $756 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 Netherlands ($849 per ton), while the price for China ($346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.1%), while the prices for the other major suppliers experienced a decline.

Silicates; Sodium Metasilicates Price in Finland (FOB) - 2022

In 2022, the average silicates; sodium metasilicates export price amounted to $16,311 per ton, rising by 4,532% against the previous year. In general, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($23,720 per ton), while the average price for exports to Norway stood at $875 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+26.6%), while the prices for the other major destinations experienced mixed trend patterns.

Silicates; Sodium Metasilicates Imports in Finland

In 2022, approx. 548 tons of silicates; sodium metasilicateses were imported into Finland; growing by 40% compared with 2021. The total import volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; sodium metasilicates imports skyrocketed to $409K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Silicates; Sodium Metasilicates to Finland in 2022:

1. Netherlands (303.3 tons)
2. Belgium (130.7 tons)
3. China (113.2 tons)

Silicates; Sodium Metasilicates Exports in Finland

In 2022, shipments abroad of silicates; sodium metasilicateses decreased by -99.4% to 74 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 13 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, silicates; sodium metasilicates exports reduced remarkably to $1.2K in 2022. In general, exports faced a dramatic setback. The smallest decline of -6.5% was in 2020.

Top Export Markets for Silicates; Sodium Metasilicates from Finland in 2022:

1. Russia (50.0 kg)
2. Norway (24.0 kg)

Source: IndexBox Market Intelligence Platform