Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $2,236 per ton, jumping by 55% against the previous year. Overall, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of 101% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 India ($9,047 per ton), while the price for Mexico ($1,029 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 (+33.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $3,991 per ton, jumping by 62% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 121% against the previous year. As a result, the export price attained the peak level of $8,465 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($10,641 per ton), while the average price for exports to Nicaragua ($1,230 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 Nicaragua (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala
In 2022, the amount of silicates; commercial alkali metal silicates, other than of sodium or potassia imported into Guatemala fell slightly to 404 tons, declining by -4% compared with 2021 figures. Overall, imports showed a abrupt shrinkage.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $902K in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 326 | 209 | 282 | 418 | 8.6% |
| Mexico | 111 | 128 | 107 | 203 | 22.3% |
| Spain | 122 | 134 | 129 | 88.5 | -10.1% |
| India | N/A | 0.8 | 42.3 | 73.2 | 856.6% |
| Colombia | N/A | N/A | N/A | 60.5 | 0% |
| Italy | 75.3 | 70.0 | N/A | N/A | -7.0% |
| Turkey | 17.5 | N/A | N/A | N/A | 0% |
| Others | 152 | 252 | 46.4 | 59.1 | -27.0% |
| Total | 804 | 793 | 606 | 902 | 3.9% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Guatemala in 2022:
- Mexico (197.1 tons)
- United States (92.4 tons)
- Spain (73.3 tons)
- Colombia (20.9 tons)
- India (8.1 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala
In 2022, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -48.2% to 41 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, the exports attained the peak of 79 tons, and then declined rapidly in the following year.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell rapidly to $163K in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $271K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 81.3 | 61.3 | 101 | 105 | 8.9% |
| Costa Rica | 76.6 | 76.7 | 24.6 | 27.8 | -28.7% |
| Dominican Republic | 31.5 | 103 | 35.6 | 10.6 | -30.4% |
| Honduras | 5.0 | 1.8 | 8.5 | 7.7 | 15.5% |
| Mexico | 1.3 | 1.5 | 1.1 | 6.9 | 74.4% |
| Nicaragua | N/A | 26.3 | 23.8 | 4.7 | -57.7% |
| Others | N/A | N/A | N/A | 0.3 | 0% |
| Total | 196 | 271 | 194 | 163 | -6.0% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Guatemala in 2022:
- El Salvador (23.6 tons)
- Costa Rica (5.6 tons)
- Honduras (4.0 tons)
- Nicaragua (3.8 tons)
- Mexico (2.6 tons)
- Dominican Republic (1.0 tons)
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