Silicates; Sodium Metasilicates Price in Mexico - 2023
Contents:
- Silicates; Sodium Metasilicates Price in Mexico (CIF) - 2022
- Silicates; Sodium Metasilicates Price in Mexico (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Mexico
- Silicates; Sodium Metasilicates Exports in Mexico
Silicates; Sodium Metasilicates Price in Mexico (CIF) - 2022
In 2022, the average silicates; sodium metasilicates import price amounted to $1,286 per ton, jumping by 33% against the previous year. Overall, the import price continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 94% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.0% per year.
Silicates; Sodium Metasilicates Price in Mexico (FOB) - 2022
The average silicates; sodium metasilicates export price stood at $788 per ton in 2022, rising by 47% against the previous year. In general, the export price recorded a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.9% per year.
Silicates; Sodium Metasilicates Imports in Mexico
For the third consecutive year, Mexico recorded decline in overseas purchases of silicates; sodium metasilicateses, which decreased by -30.1% to 250 tons in 2022. Overall, imports saw a significant curtailment. The smallest decline of -5.6% was in 2020.
In value terms, silicates; sodium metasilicates imports fell to $321K in 2022. Over the period under review, imports recorded a precipitous contraction.
| Import of Silicates; Sodium Metasilicates in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 593 | 617 | 345 | 321 | -18.5% |
| Spain | 128 | N/A | N/A | N/A | 0% |
| Others | 3.4 | 2.0 | N/A | N/A | -41.2% |
| Total | 724 | 619 | 345 | 321 | -23.7% |
Top Suppliers of Silicates; Sodium Metasilicates to Mexico in 2022:
- United States (249.7 tons)
Silicates; Sodium Metasilicates Exports in Mexico
In 2022, shipments abroad of silicates; sodium metasilicateses decreased by -79.6% to 25 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, the exports reached the peak of 2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, silicates; sodium metasilicates exports plummeted to $19K in 2022. Over the period under review, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $802K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Silicates; Sodium Metasilicates in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 4.7 | 19.5 | 314.9% |
| Guatemala | 648 | 745 | 41.8 | N/A | -74.6% |
| Others | 34.8 | 56.9 | 18.2 | N/A | -27.7% |
| Total | 683 | 802 | 64.7 | 19.5 | -69.4% |
Top Export Markets for Silicates; Sodium Metasilicates from Mexico in 2022:
- United States (24.7 tons)
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