Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala (CIF) - 2023
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala (CIF) - 2023
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $478 per ton in June 2023, falling by -28.4% against the previous month. Overall, the import price recorded a mild slump. The most prominent rate of growth was recorded in May 2023 an increase of 45% month-to-month. The import price peaked at $792 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($997 per ton), while the price for China ($434 per ton) was amongst the lowest.
From October 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $711 per ton in 2022, declining by -66.2% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 41%. As a result, the export price reached the peak level of $7,091 per ton. From 2015 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 Honduras ($4,427 per ton), while the average price for exports to Panama ($589 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 Honduras (+1.4%), while the prices for the other major destinations experienced a decline.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala
In 2022, approx. 21K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Guatemala; with a decrease of -4.3% on the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, imports attained the peak of 22K tons, and then contracted slightly in the following year.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s surged to $12M in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 128%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 2.6 | 2.5 | 5.3 | 15.9% |
| Mexico | 0.5 | 0.5 | 2.2 | 3.1 | 83.7% |
| United States | 0.9 | 1.0 | 2.6 | 1.7 | 23.6% |
| Colombia | N/A | N/A | 1.1 | 1.1 | 0.0% |
| Egypt | N/A | N/A | 0.5 | 0.5 | 0.0% |
| Spain | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Hong Kong SAR | N/A | N/A | 0.5 | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 5.0 | 4.3 | 9.8 | 12.0 | 33.9% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Guatemala in 2022:
- China (10.0K tons)
- Mexico (5.7K tons)
- United States (1.8K tons)
- Colombia (1.8K tons)
- Egypt (1.3K tons)
- Spain (0.3K tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala
In 2022, approx. 43 tons of silicates; of sodium (excluding sodium metasilicates)s were exported from Guatemala; with an increase of 246% against 2021 figures. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s soared to $30K in 2022. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 65% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | N/A | N/A | N/A | 23.6 | 0% |
| El Salvador | 13.6 | 10.7 | 16.8 | 3.9 | -34.1% |
| Nicaragua | N/A | N/A | 3.5 | 1.3 | -62.9% |
| Mexico | 2.0 | N/A | 2.3 | N/A | 7.2% |
| Others | 2.6 | 5.1 | 3.5 | 1.6 | -14.9% |
| Total | 18.2 | 15.8 | 26.1 | 30.4 | 18.6% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Guatemala in 2022:
- Panama (40.0 tons)
- Nicaragua (1.3 tons)
- El Salvador (1.1 tons)
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