Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina - 2023

Contents:

  1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina (CIF) - 2022
  2. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina (FOB) - 2022
  3. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina
  4. Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina (CIF) - 2022

In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $866 per ton, shrinking by -11.3% against the previous year. Overall, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 54%. The import price peaked at $1,134 per ton in 2012; however, from 2013 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 the United States ($2,367 per ton), while the price for Brazil ($498 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina (FOB) - 2022

The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $324 per ton in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 3.3%. As a result, the export price attained the peak level of $392 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($404 per ton), while the average price for exports to Uruguay ($217 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 Paraguay (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina

In 2022, imports of silicates; of sodium (excluding sodium metasilicates)s into Argentina reduced to 900 tons, dropping by -7.1% compared with the previous year. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of 969 tons, and then contracted in the following year.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s reduced notably to $779K in 2022. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year. As a result, imports reached the peak of $947K, and then dropped significantly in the following year.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29429166353422.0%
Spain62.148.911211924.2%
Brazil62.327.456.977.57.5%
United States10.647.741.846.063.1%
Chile85.912.93.6N/A-79.5%
India21.623.831.2N/A20.2%
Others9.840.337.62.6-35.7%
Total54649294777912.6%

Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Argentina in 2022:

  1. China (523.9 tons)
  2. Spain (199.5 tons)
  3. Brazil (155.6 tons)
  4. United States (19.5 tons)

Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina

In 2022, approx. 99 tons of silicates; of sodium (excluding sodium metasilicates)s were exported from Argentina; stabilizing at the year before. In general, exports saw a dramatic downturn. The smallest decline of 99.9% was in 2021.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s stood at $32K in 2022. Over the period under review, exports showed a sharp contraction. The smallest decline of 99.9% was in 2021.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Argentina (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Chile4.6N/A10.551.1%
Bolivia39.2N/A9.1-51.8%
Paraguay14.8N/A8.1-26.0%
Uruguay5.4N/A3.8-16.1%
Others0.4N/A0.732.3%
Total64.4N/A32.2-29.3%

Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Argentina in 2022:

  1. Chile (36.9 tons)
  2. Bolivia (24.4 tons)
  3. Paraguay (20.1 tons)
  4. Uruguay (17.5 tons)

Source: IndexBox Market Intelligence Platform

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