Price for Silicates; commercial alkali metal silicates, other than of sodium or potassium in the Dominican Republic - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Dominican Republic (CIF) - 2023
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Dominican Republic (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Dominican Republic
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Dominican Republic
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $5,848 per ton, rising by 110% against the previous month. In general, the import price showed a moderate increase. The import price peaked at $7,430 per ton in May 2022; however, from June 2022 to March 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($11,124 per ton), while the price for Egypt stood at $2,609 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Spain (+17.7%), 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 the Dominican Republic (FOB) - 2022
The average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $987 per ton in 2022, jumping by 39% against the previous year. Over the period under review, the export price continues to indicate a temperate increase. Over the period under review, the average export prices attained the peak figure at $1,818 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($3,305 per ton), while the average price for exports to Barbados ($450 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 Haiti (+63.2%), 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 the Dominican Republic
In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia imported into the Dominican Republic declined to 495 tons, remaining constant against the previous year's figure. Over the period under review, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 with an increase of 87%. As a result, imports reached the peak of 503 tons, and then shrank modestly in the following year.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $2.8M in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 215% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 295 | 155 | 1,075 | 2,349 | 99.7% |
| Sweden | 86.4 | 56.1 | 55.2 | 180 | 27.7% |
| South Korea | 66.9 | 22.5 | 118 | 111 | 18.4% |
| France | N/A | N/A | 7.1 | 79.5 | 1019.7% |
| Spain | 56.2 | 73.1 | 73.1 | 29.7 | -19.2% |
| Egypt | 113 | 76.3 | 80.9 | N/A | -15.4% |
| Others | 26.7 | 90.5 | 83.4 | 8.0 | -33.1% |
| Total | 644 | 474 | 1,493 | 2,757 | 62.4% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to the Dominican Republic in 2022:
- United States (300.8 tons)
- South Korea (85.6 tons)
- Sweden (71.3 tons)
- Spain (25.3 tons)
- France (10.3 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Dominican Republic
In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia exported from the Dominican Republic soared to 18 tons, growing by 17% against the previous year. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 171%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $18K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 173%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | N/A | 0.5 | 7.2 | 1340.0% | |
| Barbados | 0.9 | 5.0 | 6.8 | 174.9% | |
| Venezuela | N/A | N/A | 3.1 | 0% | |
| Curacao | N/A | N/A | 0.9 | 0% | |
| Trinidad and Tobago | 3.1 | 5.4 | N/A | 74.2% | |
| Others | N/A | 0.1 | N/A | 0% | |
| Total | 4.1 | 11.1 | 18.0 | 109.5% | |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from the Dominican Republic in 2022:
- Barbados (15.0 tons)
- Curacao (2.0 tons)
- Venezuela (0.9 tons)
- United States (0.3 tons)
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