Silicates; Sodium Metasilicates Price in Peru - 2021

Contents:

  1. Silicates; Sodium Metasilicates Price in Peru (FOB) - 2022
  2. Silicates; Sodium Metasilicates Price in Peru (CIF) - 2022
  3. Silicates; Sodium Metasilicates Exports in Peru
  4. Silicates; Sodium Metasilicates Imports in Peru

Silicates; Sodium Metasilicates Price in Peru (FOB) - 2022

The average silicates; sodium metasilicates export price stood at $517 per ton in 2022, picking up by 5% against the previous year. Over the period under review, the export price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2016 an increase of 7.4% against the previous year. Over the period under review, the average export prices reached the maximum at $703 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($542 per ton), while the average price for exports to Ecuador ($225 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 Bolivia (+0.3%), while the prices for the other major destinations experienced a decline.

Silicates; Sodium Metasilicates Price in Peru (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $537 per ton in 2022, declining by -35.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 70%. As a result, import price reached the peak level of $829 per ton, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,552 per ton), while the price for China ($206 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Silicates; Sodium Metasilicates Exports in Peru

In 2022, after three years of growth, there was significant decline in overseas shipments of silicates; sodium metasilicateses, when their volume decreased by -26.1% to 323 tons. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 115%. As a result, the exports reached the peak of 437 tons, and then plummeted in the following year.

In value terms, silicates; sodium metasilicates exports reduced markedly to $167K in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, the exports attained the peak of $215K, and then fell remarkably in the following year.

Export of Silicates; Sodium Metasilicates in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela65.293.815111520.8%
Bolivia16.220.932.346.942.5%
Ecuador3.93.66.04.65.7%
GuatemalaN/AN/A25.3N/A0%
Others2.5N/AN/AN/A0%
Total87.811821516723.9%

Top Export Markets for Silicates; Sodium Metasilicates from Peru in 2022:

  1. Venezuela (212.5 tons)
  2. Bolivia (89.7 tons)
  3. Ecuador (20.4 tons)

Silicates; Sodium Metasilicates Imports in Peru

In 2022, purchases abroad of silicates; sodium metasilicateses increased by 260% to 33 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a significant decrease.

In value terms, silicates; sodium metasilicates imports skyrocketed to $18K in 2022. Over the period under review, imports, however, showed a precipitous curtailment.

Import of Silicates; Sodium Metasilicates in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa29.418.85.012.3-25.2%
China17.14.61.43.6-40.5%
United States5.31.70.71.4-35.8%
Others7.23.00.70.7-54.0%
Total59.028.27.717.9-32.8%

Top Suppliers of Silicates; Sodium Metasilicates to Peru in 2022:

  1. China (17.5 tons)
  2. South Africa (14.3 tons)
  3. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform

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