Silicates; Sodium Metasilicates Price in Chile - 2023

Contents:

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

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

The average silicates; sodium metasilicates import price stood at $823 per ton in 2022, jumping by 16% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; sodium metasilicates import price decreased by -14.0% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 31%. The import price peaked at $956 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,003 per ton), while the price for Belgium ($615 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average silicates; sodium metasilicates export price stood at $30,991 per ton in 2022, increasing by 28% against the previous year. Overall, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +34.8% per year.

Silicates; Sodium Metasilicates Imports in Chile

In 2022, the amount of silicates; sodium metasilicateses imported into Chile soared to 326 tons, with an increase of 54% compared with 2021 figures. Over the period under review, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 86% against the previous year. As a result, imports reached the peak of 361 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, silicates; sodium metasilicates imports soared to $269K in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 103%. As a result, imports reached the peak of $315K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Silicates; Sodium Metasilicates in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China75.116853.921141.1%
Belgium9.426.420.624.637.8%
Poland27.033.327.4N/A0.7%
Others43.787.348.633.1-8.8%
Total15531515026920.2%

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

  1. China (282.0 tons)
  2. Belgium (40.0 tons)

Silicates; Sodium Metasilicates Exports in Chile

In 2022, approx. 212 kg of silicates; sodium metasilicateses were exported from Chile; dropping by -61% compared with the previous year's figure. Overall, exports faced a dramatic slump.

In value terms, silicates; sodium metasilicates exports reduced rapidly to $6.6K in 2022. In general, exports continue to indicate a sharp downturn.

Export of Silicates; Sodium Metasilicates in Chile (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Argentina12.16.6-45.5%
Others1.0N/A0%
Total13.16.6-49.6%

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

  1. Argentina (212.0 kg)

Source: IndexBox Market Intelligence Platform

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