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

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $749 per ton, dropping by -25.1% against the previous year. Overall, the import price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2014 an increase of 48%. The import price peaked at $1,524 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the United States ($1,719 per ton), while the price for Peru ($492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+22.7%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $624 per ton, reducing by -59.5% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 142% against the previous year. Over the period under review, the average export prices attained the maximum at $2,148 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($2,069 per ton), while the average price for exports to France amounted to $199 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Ecuador declined significantly to 679 tons in 2022, waning by -36.5% against 2021. Overall, imports recorded a slight shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 157% against the previous year. As a result, imports reached the peak of 1.1K tons, and then dropped sharply in the following year.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia contracted sharply to $508K in 2022. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 119%.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru337153402194-16.8%
United States295174194130-23.9%
Mexico50.735.417396.023.7%
Colombia13458.115155.3-25.5%
China12911.313.624.8-42.3%
Others13156.31357.9-60.8%
Total1,0764891,068508-22.1%

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

  1. Peru (395.0 tons)
  2. Colombia (109.4 tons)
  3. United States (75.5 tons)
  4. Mexico (73.5 tons)
  5. China (24.5 tons)

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

In 2022, overseas shipments of silicates; commercial alkali metal silicates, other than of sodium or potassia were finally on the rise to reach 110 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant expansion. 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 $69K in 2022. In general, exports saw a significant expansion. As a result, the exports attained 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 Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/AN/A51.70%
FranceN/AN/AN/A16.90%
Peru0.60.30.1N/A-59.2%
Colombia1.10.60.1N/A-69.8%
Others1.30.80.2N/A-60.8%
Total3.01.70.468.6183.8%

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

  1. France (85.0 tons)
  2. Portugal (25.0 tons)

Source: IndexBox Market Intelligence Platform

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