Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Costa Rica - 2022

Contents:

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

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

The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,647 per ton in 2022, surging by 105% against the previous year. Overall, the import price enjoyed a buoyant expansion. Over the period under review, average import prices attained the peak figure at $1,843 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($38,000 per ton), while the price for Colombia ($225 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $1,349 per ton in 2022, with a decrease of -25.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 43%. The export price peaked at $2,168 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($1,540 per ton), while the average price for exports to Nicaragua amounted to $1,234 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -63.5% to 187 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 166% against the previous year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia plummeted to $308K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports reached the peak of $411K, and then shrank dramatically in the following year.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2352282592542.6%
Colombia7.178.110726.454.9%
Guatemala0.7N/A4.915.7182.0%
France5.7N/AN/AN/A0%
Others6.516.939.512.223.4%
Total2553234113086.5%

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

  1. Colombia (117.3 tons)
  2. United States (60.6 tons)
  3. Guatemala (5.7 tons)

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

In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia exported from Costa Rica declined significantly to 1.8 tons, waning by -78.5% compared with the year before. Overall, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia declined remarkably to $2.4K in 2022. Over the period under review, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua1.310.61.31.42.5%
Guatemala57.00.8N/A1.0-74.0%
Colombia1.9N/AN/AN/A0%
United States5.9N/AN/AN/A0%
PanamaN/AN/A12.6N/A0%
OthersN/AN/A1.0N/A0%
Total66.111.314.92.4-66.9%

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

  1. Nicaragua (1110.0 kg)
  2. Guatemala (670.0 kg)

Source: IndexBox Market Intelligence Platform

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