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

Contents:

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

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

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,719 per ton in 2022, growing by 21% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicates; commercial alkali metal silicates, other than of sodium or potassia increased by +55.9% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 46% against the previous year. As a result, import price reached the peak level of $2,090 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Georgia ($1,962 per ton), while the price for Peru ($553 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+11.4%), 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 Chile (FOB) - 2022

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $217 per ton in 2022, falling by -45.5% against the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices reached the maximum at $1,679 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +8.2% per year.

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

In 2022, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Chile reduced remarkably to 621 tons, waning by -40.6% compared with 2021 figures. In general, imports showed a dramatic decline. The smallest decline of -36% was in 2021.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia shrank dramatically to $1.1M in 2022. Overall, imports showed a dramatic decrease. The smallest decline of -17.5% was in 2021.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia2,0391,024N/A490-37.8%
Brazil215217323189-4.2%
ArgentinaN/A0.33.51792342.7%
United States587169816147-37.0%
PeruN/A24.11.66.4-48.5%
Spain2512551812.9-77.4%
Others10611116053.6-20.3%
Total3,1991,8011,4851,067-30.6%

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

  1. Georgia (249.6 tons)
  2. Brazil (132.6 tons)
  3. Argentina (120.9 tons)
  4. United States (90.9 tons)
  5. Peru (11.5 tons)
  6. Spain (3.5 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia, when their volume increased by 11,988% to 915 tons. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $199K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama59.05.7N/A19950.0%
HondurasN/A6.6N/AN/A0%
OthersN/A28.93.0N/A-89.6%
Total59.041.23.019950.0%

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

  1. Panama (914.9 tons)

Source: IndexBox Market Intelligence Platform

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