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

Contents:

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

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

The average import price for silicates; commercial alkali metal silicateses stood at $609 per ton in 2022, jumping by 30% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. 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 the United States ($1,137 per ton), while the price for Egypt ($376 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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for silicates; commercial alkali metal silicateses stood at $1,550 per ton in 2022, shrinking by -12.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 406% against the previous year. As a result, the export price attained the peak level of $8,311 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($10,641 per ton), while the average price for exports to Nicaragua ($290 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 Costa Rica (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates in Guatemala

In 2022, approx. 21K tons of silicates; commercial alkali metal silicateses were imported into Guatemala; with a decrease of -5.3% compared with the previous year. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, imports reached the peak of 23K tons, and then declined in the following year.

In value terms, silicates; commercial alkali metal silicates imports skyrocketed to $13M in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Silicates; Commercial Alkali Metal Silicates in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.92.92.55.411.5%
Mexico1.31.42.43.336.4%
United States1.21.32.92.222.4%
ColombiaN/AN/A1.11.29.1%
EgyptN/AN/A0.50.50.0%
Spain0.30.20.30.30.0%
Netherlands0.40.70.1N/A-50.0%
Others0.40.30.70.1-37.0%
Total7.46.810.613.020.7%

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

  1. China (10.1K tons)
  2. Mexico (5.9K tons)
  3. United States (1.9K tons)
  4. Colombia (1.8K tons)
  5. Egypt (1.3K tons)
  6. Spain (0.4K tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Guatemala

In 2022, after three years of growth, there was significant decline in shipments abroad of silicates; commercial alkali metal silicateses, when their volume decreased by -20.9% to 126 tons. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 103% against the previous year.

In value terms, silicates; commercial alkali metal silicates exports shrank markedly to $195K in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 85% against the previous year. As a result, the exports reached the peak of $443K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Silicates; Commercial Alkali Metal Silicates in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador94.989.71391094.7%
Costa Rica76.687.937.627.8-28.7%
PanamaN/AN/AN/A23.60%
Dominican Republic31.510335.610.6-30.4%
Honduras29.615.027.79.9-30.6%
Mexico3.31.53.46.927.9%
Nicaragua3.242.432.96.426.0%
EcuadorN/A104N/AN/A0%
Others0.8N/A5.50.3-27.9%
Total240443282195-6.7%

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

  1. Panama (40.0 tons)
  2. El Salvador (33.9 tons)
  3. Nicaragua (22.0 tons)
  4. Costa Rica (11.8 tons)
  5. Honduras (10.8 tons)
  6. Mexico (5.8 tons)
  7. Dominican Republic (1.0 tons)

Source: IndexBox Market Intelligence Platform

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