Aluminosilicate Prices June 2024
Product
|
Category |
Region |
Price |
Aluminosilicate |
Specialty Chemical |
USA |
1,439 USD/MT |
Aluminosilicate |
Specialty Chemical |
Japan |
787 USD/MT |
Aluminosilicate |
Specialty Chemical |
Germany |
858 USD/MT |
Aluminosilicate |
Specialty Chemical |
South Africa |
768 USD/MT |
During the second quarter of 2024, aluminosilicate prices in the USA reached 1,439 USD/MT. The market experienced price fluctuations due to a combination of supply chain disruptions and reduced construction spending. High interest rates curbed demand, especially in the manufacturing and construction sectors. However, by quarter’s end, a rise in infrastructure projects and private construction activities helped prices rebound slightly, suggesting potential market stabilization.
In the second quarter of 2024, aluminosilicate prices in Japan reached 787 USD/MT in June. The market saw steady price increase, primarily attributed to a recovery in the construction and manufacturing sectors. Seasonal demand, combined with rising raw material costs and supply chain disruptions, intensified price pressures. The market’s positive trajectory was further supported by a resurgence in infrastructure projects, underscoring the region’s robust economic activity during this period.
During Q2 2024, aluminosilicate pricing in Germany reached 858 USD/MT in June. The market experienced an upward price trend, largely influenced by supply chain disruptions caused by adverse weather conditions and rising input costs. Despite fluctuating demand, the construction sector maintained a strong presence, driving price increases. The interplay of supply constraints and macroeconomic pressures contributed to the overall positive sentiment throughout the quarter.
In the second quarter of 2024, aluminosilicate prices in South Africa reached 768 USD/MT. The market faced a steady decline in prices following an initial rise, driven by reduced need in key sectors like ceramics and construction. Economic challenges, including inflationary complications and high borrowing costs, further weakened market sentiment. Supply chain problems driven by geopolitical tensions added additional pressure, culminating in a consistently downward pricing environment.
Aluminosilicate Prices December 2023
Product
|
Category |
Region |
Price |
Aluminosilicate |
Specialty Chemical |
USA |
1,335 USD/MT |
Aluminosilicate |
Specialty Chemical |
Germany |
935 USD/MT |
Aluminosilicate |
Specialty Chemical |
South Africa |
815 USD/MT |
In Q4 2023, the USA aluminosilicate market saw a minor price decline that was mainly caused by falling domestic and export demand in the face of difficult economic times. Although there was a temporary recovery in November, prices moved down again towards the end of the quarter, to 1,335 USD/MT. Factors driving this trend are comprised of declining orders from the domestic market, weak demand from important export markets, and a considerable moderation in the decline of order books. This period was not affected by a disruption from plant shutdowns or supply chain problems.
The last quarter of the 2023 calendar year witnessed a negative momentum in Germany’s aluminosilicate market, which was primarily stimulated by an over-slowdown in the construction sector and the overall uncertainties in the economy, such as the high-interest rates. This led to less demand for aluminosilicate, alumidoxide, and residential construction in general. Consequently, the industry experienced low sales and investor confidence. The market was hugely impacted due to the absence of shutdowns at the plant and adjustments of the personnel in a way to match the low demand. The supply remained steady, but the market struggled. This adverse environment culminated in providing for a low price for sodium aluminosilicate which was closed at 935 USD/MT because of the low level of the market activity and demand pressures.
By the end of the fourth quarter in 2023, the South African aluminosilicate market became more volatile due to price fluctuations. Those problems were caused by a confluence of logistic problems, such as delayed ports, and economic factors like inflation pressures and the cost of fuel, which increased the cost of operations and extended the delivery time. Another factor that contributed to the fall in aluminosilicate sales was the drop in domestic and international demand. In turn, this led to a decrease in sales and less new orders. Despite these hurdles, the market did deal with the fluctuation with a finish point of 815 USD/MT for sodium aluminosilicate, FOB Durban. This quotation represents the quarter's movement, including the influence of the shifting supply and demand, affected by the broader economy.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the aluminosilicate price trend.
Global Aluminosilicate Price
The report offers a holistic view of the global aluminosilicate pricing trends in the form of aluminosilicate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into aluminosilicate historical price, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into aluminosilicate price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed aluminosilicate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Aluminosilicate Price
Q2 2024:
The market faced a significant price rise in Q2 2024, which can be attributed to a range of supply-side and macroeconomic factors. Heavy rainfall and flooding in key industrial regions severely disrupted production and transportation, exacerbating supply constraints. Geopolitical tensions affecting key trade routes further strained supply chains, increasing logistics costs. Germany, a major player in the market, faced fluctuating demand, but overall, the sector reflected positive market sentiment, with construction activities and rising production costs playing a key role in price movements. Inflationary pressures across the region, combined with seasonal demand shifts, continued to elevate prices. The quarter concluded with signs of sustained price growth due to these supply and demand dynamics.
Q1 2024:
During Q1 2024, Europe’s market experienced fluctuating prices, with Germany being the most affected. Economic challenges, including reduced consumption and reduced demand from key industries like construction, glass, and paints, contributed to a bearish market outlook. Despite the downturn, supply remained steady, even though demand was weak due to a diminished construction work and ongoing struggles in the housing sector. Geopolitical tensions in the Middle East and global supply chain disruptions also played a role in market instability. Price trends were inconsistent, with drops in January and March, briefly interrupted by a slight recovery in February.
Q4 2023:
The European aluminosilicate market was confronted with serious issues, the main one being the weak demand from the construction industry. An uncertain economic environment and high interest rates further worsened the downturn resulting in lower new orders and postponed investments. However, despite these hardships, the supply of aluminosilicate was rather moderate, with no plants shut down. Due to the reduction in demand, manufacturers adjusted workforce numbers, reducing factory employment but maintaining the market supply. All these factors together made the aluminosilicate market a difficult market in Europe thus showing the influence of both industry-specific and general economic conditions on market dynamics.
Detailed price information for aluminosilicate can also be provided for an extensive list of European countries.
Region |
Countries Covered |
Europe |
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Aluminosilicate Price
Q2 2024:
The market in the North American region faced price volatility due to a mix of supply chain disruptions and shifting demand during Q2 2024. Early in the quarter, logistical challenges such as the Francis Scott Key Bridge’s collapse in Baltimore and potential rail strikes threatened supply chains, creating market instability. Additionally, high interest rates dampened construction and manufacturing activities, reducing demand. However, a gradual increase in the number of infrastructure projects taking place in the region, along with revitalized demand of private-sector construction in the quarter's end, created an uptick in demand. While prices generally declined for much of the period, a late surge in demand, particularly for infrastructure initiatives, sparked a rebound, leaving the market in a state of cautious optimism heading into the next quarter.
Q1 2024:
In the first quarter of 2024, aluminosilicate prices in North America rose, largely due to an uptick in construction activities and other external factors. Economic activity gained momentum, with robust growth noted in the service sector, despite challenges for manufacturers facing supply chain issues that hindered production. However, demand surged from the glass and paint industries, fueling optimism in the market. New orders and services increased, bolstering business confidence. As supply chains improved by mid-quarter, after disruptions caused by adverse weather and low Panama Canal water levels, aluminosilicate prices showed significant upward movement, reflecting the renewed strength of the U.S. construction sector.
Q4 2023:
The aluminosilicate market in North America experienced volatility due to a combination of factors including reduced demand from the internal market, impacted by economic instability, and weak customer demand, which in turn triggered destocking activities. Although the supply was sufficient to meet the domestic demand without any disruptions in the supply chain, and there were signs of an increased demand from the construction sector, the overall demand remained moderate and started declining at the end of the period. Difficulties like reduction in orders both from the local market and exports due to hard economic conditions in major marketplaces affected prices.
Specific aluminosilicate historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Aluminosilicate Price
Q2 2024:
The market in the Middle East and Africa saw an initial increment followed by a sharp downturn, primarily driven by weaker demand across key downstream sectors. Economic slowdowns, compounded by high inflation and borrowing costs, diminished construction and manufacturing activities in the region, directly impacting aluminosilicate consumption. Moreover, geopolitical tensions and disruptions along maritime trade routes, especially in the Red Sea, further strained supply chains. In South Africa, these factors led to major price corrections during the quarter. Despite a strong start, the market ended on a negative note, weighed down by subdued economic conditions and reduced sectoral demand, signaling ongoing challenges for the region.
Q1 2024:
The market in the Middle East and Africa region saw varied price movements throughout the first quarter of 2024, with stability in January giving way to declines in the following months. In South Africa, need from downstream industries like glass and paints weakened due to slower construction activity. This downturn, coupled with a complicated trade environment, further impacted market dynamics. The South African economy faced persistent negative trade conditions, which had been ongoing from late 2023. Despite supply chain disruptions in the Red Sea, there was no significant shortage of Aluminosilicate, leading to a mismatch between supply and demand and a resulting decline in prices.
Q4 2023:
The markets of aluminosilicate in the Middle East and Africa saw huge fluctuations influenced by many imposing factors. In the Middle East, the market dynamics were determined by the tight supply of aluminosilicate mainly owing to delays and disruptions at the ports. This was exacerbated by inflationary pressures and increasing fuel costs that resulted in higher operating costs and prolonged delivery times. In addition, fewer new orders and lower sales followed by the decrease in demand for aluminosilicate not only domestically but also internationally, led to a fall in prices in general. At the same time, the African aluminosilicate market experienced drastic price changes, and such changes are related to supply chain interruptions, economic issues, and changes in the market demand.
Region-wise data and information on specific countries within these regions can also be provided.
Region |
Countries Covered |
Middle East and Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Aluminosilicate Price
Q2 2024:
In the second quarter of 2024, the market across the Asia-Pacific region saw a steady rise in prices, primarily driven by cost pressures from imported materials and a robust resurgence in the construction sector. Government infrastructure initiatives, particularly in China, significantly increased demand, while supply chain disruptions due to geopolitical tensions further constrained availability. Japan, in particular, experienced a notable increase in demand linked to seasonal construction activities and a recovering manufacturing sector. The rising freight costs, coupled with limited raw material access, reinforced the bullish market sentiment. The upward trajectory in prices during this period reflects strong regional need and ongoing supply-side challenges, paving the way for potential future increases.
Q1 2024:
The market experienced volatility during the first quarter of 2024 in the APAC region, with prices generally declining before stabilizing by March. China, a key player in the region, saw an oversupply due to weak requirement from the construction industry, leading to price drops. Surplus supplies were exacerbated by disruptions in global supply paths via the Panama Canal and Red Sea. Slow construction activity, coupled with economic uncertainties and stricter regulations, further dampened demand. Despite these challenges, the market showed signs of a potential rebound in demand after the holidays in March, with expectations of a possible price recovery in the coming months.
Q4 2023:
It was a period of turbulence for the aluminosilicate market in the Asia Pacific region that was characterized by the fact that the prices decreased as the demand was weak and there was an excess supply. The construction industry, which is one of the biggest users of aluminosilicate, slowed down significantly which also resulted in a drop in new orders and the general activity that has been reduced even more by deceleration in infrastructure spending. This led to price falls and stock build-up. Although there were some slight improvements in factory activities, the demand out of the region was low for a greater part of the time. In addition, at this point, there was a more positive demand change as a result of the attempts to revive the real state sector and the support allocated for economic recovery, leading to a growing demand for aluminosilicate in construction and other sectors like paint and glass. This demand recovery led to expected profits and a significant price movement due to supply constraints even though the overall demand remained affected by the broader market challenges characterized by the subdued housing market and decreasing infrastructure investments.
This aluminosilicate price analysis can be expanded to include a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Aluminosilicate Price
The analysis of aluminosilicate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Aluminosilicate Price Trend, Market Analysis, and News
IMARC's latest publication, “Aluminosilicate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” presents a detailed examination of the aluminosilicate market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of aluminosilicate at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed aluminosilicate price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting aluminosilicate pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Aluminosilicate Market Analysis
The global aluminosilicate market size reached US$ 208.1 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 288.6 Million, at a projected CAGR of 3.70% during 2023-2032.
- The production of lightweight and dependable materials for diverse industries represents one of the key factors driving the market growth of aluminosilicate. This is primarily attributed to the development of the electronics industry, especially the smartphone and display panel sector, which is driving the market growth. Smartphone screens utilize aluminosilicate glass because of its high strength and scratch-resistant nature which is boosting the demand for aluminosilicate. For instance, India has emerged as the second leading mobile phone producer in the world with handset production rising from 6 crore units in FY15 to 31 crore units in FY22. Along with this, the Indian PC market, which includes desktops, laptops, and workstations, registered its strongest shipment record ever, with 4.5 million units reported, an upsurge of 30% year-on-year in the third quarter of 2021. The aerospace and automotive industries are also one of the factors fueling the market growth. Aluminosilicate glass is used in these industries due to its ability to cope with high temperatures, good impact strength, and transparency. For instance, the automotive industry is one of the main pillars of the Indian economy as it accounts for about 7.1% of the national GDP. This industry employs over 19 million people directly and indirectly. The Indian automotive industry is projected to be one of the world’s top three by 2030. The Indian automobile industry is a significant driver of the country’s economic development, bringing 7.1% to the total GDP and 49% to India’s manufacturing GDP. In addition to the defense sector, aluminosilicate glass is sort of essential in the production of armored vehicles and transparent windows. Novel directions in the aluminosilicate glass segment include the manufacturing of ultrathin and flexible versions of the glass. These inventions are tailored to serve the increasing requests for lightweight, flexible materials in the electronics sector. Furthermore, the market is also driven by investments in research and developmental (R&D) activities to enhance aluminosilicate glass properties and find its applications in other industries.
Aluminosilicate News
The report covers the latest developments, updates, and trends impacting the global aluminosilicate industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the aluminosilicate price trend.
Latest developments in the aluminosilicate industry:
- April 2023: Abrisa Industrial Glass (AIG) announced the launch of High Ion-Exchange (HIE™) Chemical Strengthening (C-Temp) processing for numerous types of their technology and float glass materials in larger sizes up to 46” x 29” (1,164 mm x 736.6 mm) with a diagonal dimension as large as 54” (1346.2 mm) at ≥ 0.8mm thicknesses. Additionally, its thinner HIE™ processed technology and aluminosilicate glasses are utilized in several solutions needing advanced transmission, diminished weight, and lower profiles.
- August 2023: researchers from the University of Bayreuth, along with partners in China and USA manufactured an oxide glass with advanced toughness and succeeded in para crystallizing and aluminosilicate glass under high pressures and temperatures. The ultimate crystal light structures made the glass withstand extreme stresses and are retained under ambient conditions.
Product Description
Aluminosilicate, which is an inorganic complex compound built up from aluminum, silicon, and oxygen, have cations like sodium, potassium, or calcium inside them. The crystalline structure of aluminosilicate is its main characteristic. It is a leading component of prismatic minerals, which include zeolite, feldspar, and clay minerals. These compounds are known for their high thermal stability, chemical resistance as well as ion-exchanging properties, which are considered important in different industrial applications. Aluminosilicates are many times used in the making of ceramics, glass, and cement, they work as catalysts in chemical reactions, and they aid in water purification by removing contaminants through ion exchange. Their specific structural features, which include a rigid framework withstanding high temperatures and pressures, as well, are greatly useful in the production of refractory materials and as additives in the petrochemical industry.
Aluminosilicate consists of approximately 2/3 of the calories of table sugar and provides about 60% sweetness. It is extensively employed as a sugar substitute in food and beverage (F&B) products, especially those targeted towards individuals with diabetes or those seeking to reduce calorie intake.
Aluminosilicate also serves as a moisturizing agent in personal care products such as skincare, haircare, and oral care items due to its humectant properties. In the pharmaceutical industry, aluminosilicate functions as an excipient in formulations and oral medications, providing sweetness, texture, and bulk to tablets, syrups, and suspensions. Its versatility and multiple applications make it a valuable ingredient in several industries.
Report Coverage
Key Attributes |
Details |
Product Name |
Aluminosilicate |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Aluminosilicate Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, Greece*
North America: United States, Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, Peru*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of aluminosilicate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting aluminosilicate price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The aluminosilicate price charts ensure our clients remain at the forefront of the industry.