Price for Silicates; Commercial Alkali Metal Silicates in Argentina - 2023

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Argentina (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Argentina (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Argentina
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Argentina

Price for Silicates; Commercial Alkali Metal Silicates in Argentina (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $928 per ton, reducing by -5.1% against the previous year. Overall, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 58%. The import price peaked at $1,256 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,342 per ton), while the price for Spain ($597 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Argentina (FOB) - 2022

In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $446 per ton, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2018 when the average export price increased by 28% against the previous year. As a result, the export price reached the peak level of $515 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($469 per ton), while the average price for exports to Uruguay ($224 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 Chile (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates in Argentina

In 2022, the amount of silicates; commercial alkali metal silicateses imported into Argentina expanded slightly to 1.7K tons, growing by 3.1% on the previous year. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, silicates; commercial alkali metal silicates imports reduced to $1.5M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. As a result, imports reached the peak of $1.6M, and then contracted modestly in the following year.

Import of Silicates; Commercial Alkali Metal Silicates in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45150169392226.9%
Brazil10833.168.416414.9%
Switzerland1.11.1106144407.8%
Spain55.042.896.311929.3%
United States55.084.113495.520.2%
Belgium49.136.610684.019.6%
Chile76.012.13.1N/A-79.8%
India24.824.826.8N/A4.0%
Others18419634415.6-56.1%
Total1,0049311,5771,54415.4%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Argentina in 2022:

  1. China (1001.6 tons)
  2. Brazil (243.1 tons)
  3. Spain (199.5 tons)
  4. Belgium (100.0 tons)
  5. Switzerland (89.6 tons)
  6. United States (22.0 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Argentina

In 2022, overseas shipments of silicates; commercial alkali metal silicateses were finally on the rise to reach 1.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic decline.

In value terms, silicates; commercial alkali metal silicates exports soared to $688K in 2022. Over the period under review, exports, however, saw a dramatic slump.

Export of Silicates; Commercial Alkali Metal Silicates in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile15661.510728722.5%
Paraguay294199152140-21.9%
Bolivia1,18752649.9125-52.8%
Uruguay66.472.552.452.0-7.8%
Others66.374.081.084.68.5%
Total1,770933442688-27.0%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Argentina in 2022:

  1. Chile (631.9 tons)
  2. Bolivia (323.1 tons)
  3. Paraguay (298.1 tons)
  4. Uruguay (231.8 tons)

Source: IndexBox Market Intelligence Platform

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