Silicates; Sodium Metasilicates Price in Costa Rica - 2022

Contents:

  1. Silicates; Sodium Metasilicates Price in Costa Rica (CIF) - 2022
  2. Silicates; Sodium Metasilicates Imports in Costa Rica

Silicates; Sodium Metasilicates Price in Costa Rica (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $813 per ton in 2022, which is down by -6.1% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; sodium metasilicates import price increased by +56.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 92% against the previous year. The import price peaked at $866 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($1,887 per ton), while the price for China ($650 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Silicates; Sodium Metasilicates Imports in Costa Rica

After three years of growth, overseas purchases of silicates; sodium metasilicateses decreased by -0.2% to 187 tons in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 55%.

In value terms, silicates; sodium metasilicates imports declined to $152K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 138% against the previous year. As a result, imports attained the peak of $162K, and then declined in the following year.

Import of Silicates; Sodium Metasilicates in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.238.994.910146.4%
United States9.415.933.527.142.3%
Spain5.60.57.914.637.6%
MexicoN/AN/AN/A6.30%
NetherlandsN/A13.025.9N/A99.2%
OthersN/AN/AN/A2.90%
Total47.168.316215247.8%

Top Suppliers of Silicates; Sodium Metasilicates to Costa Rica in 2022:

  1. China (155.7 tons)
  2. United States (16.3 tons)
  3. Spain (11.6 tons)
  4. Mexico (3.3 tons)

Source: IndexBox Market Intelligence Platform

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