Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia - 2023

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia
  4. Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,399 per ton, increasing by 53% against the previous year. In general, the import price, however, showed a pronounced curtailment. Over the period under review, average import prices hit record highs at $1,944 per ton in 2012; however, from 2013 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 Colombia ($6,563 per ton), while the price for Peru ($544 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+133.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $7,782 per ton in 2022, approximately mirroring the previous year. Overall, the export price faced a deep setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 574%. Over the period under review, the average export prices hit record highs at $30,930 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Ecuador amounted to -23.2% per year.

Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia

In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia imported into Bolivia contracted to 75 tons, waning by -10% against 2021. In general, imports showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 6.6%. As a result, imports reached the peak of 83 tons, and then reduced in the following year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $105K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia4.213.34.448.8126.5%
Peru19.614.718.722.34.4%
South KoreaN/AN/A7.017.4148.6%
Brazil21.07.07.810.5-20.6%
United States20.424.717.15.8-34.2%
Spain8.26.56.2N/A-13.0%
China13.816.17.6N/A-25.8%
United Kingdom1.61.31.3N/A-9.9%
Others13.25.36.10.1-80.4%
Total10288.976.11051.0%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Bolivia in 2022:

  1. Peru (40.9 tons)
  2. Brazil (17.1 tons)
  3. Colombia (7.4 tons)
  4. South Korea (7.1 tons)
  5. United States (2.4 tons)

Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia

In 2022, approx. 1.2 tons of silicates; commercial alkali metal silicates, other than of sodium or potassia were exported from Bolivia; with a decrease of -50% on the previous year. Overall, exports recorded a significant contraction.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell rapidly to $9K in 2022. Over the period under review, exports saw a precipitous contraction.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Bolivia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
South AfricaN/A9.00%
Ecuador1.9N/A0%
Argentina16.2N/A0%
OthersN/AN/A0%
Total18.19.0-50.3%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Bolivia in 2022:

  1. South Africa (1.2 tons)

Source: IndexBox Market Intelligence Platform

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