Price for Mineral Substances Not Elsewhere Specified or Included in Bolivia - 2023

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Bolivia (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Bolivia (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Bolivia
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Bolivia

Price for Mineral Substances Not Elsewhere Specified or Included in Bolivia (CIF) - 2022

In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $1,013 per ton, with an increase of 31% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 125%. As a result, import price attained the peak level of $1,616 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 Chile ($7,498 per ton), while the price for Mexico ($354 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+34.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mineral Substances Not Elsewhere Specified or Included in Bolivia (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $6,224 per ton in 2022, with a decrease of -21% against the previous year. Over the period under review, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 371% against the previous year. Over the period under review, the average export prices hit record highs at $12,121 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($8,190 per ton), while the average price for exports to Colombia ($1,381 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+73.7%).

Imports of Mineral Substances Not Elsewhere Specified or Included in Bolivia

In 2022, imports of mineral substances not elsewhere specified or includeds into Bolivia dropped notably to 617 tons, with a decrease of -22.2% compared with the year before. In general, imports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 4.6%.

In value terms, imports of mineral substances not elsewhere specified or includeds expanded to $625K in 2022. Overall, imports saw a precipitous decrease.

Import of Mineral Substances Not Elsewhere Specified or Included in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil400277453380-1.7%
Chile0.3N/A0.1116628.5%
IndiaN/AN/AN/A40.30%
China2.010.316.638.0166.8%
MexicoN/A4.921.414.773.2%
Turkey9.37.115.712.610.7%
ColombiaN/AN/AN/A6.00%
United States1,7443521.54.7-86.1%
Slovakia17.816.923.1N/A13.9%
Others17.949.079.912.5-11.3%
Total2,191717612625-34.2%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Bolivia in 2022:

  1. Brazil (437.9 tons)
  2. Mexico (41.4 tons)
  3. China (39.3 tons)
  4. Turkey (33.8 tons)
  5. India (18.0 tons)
  6. Colombia (16.1 tons)
  7. Chile (15.5 tons)
  8. United States (1.3 tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Bolivia

In 2022, exports of mineral substances not elsewhere specified or includeds from Bolivia soared to 1.1 tons, increasing by 120% compared with 2021 figures. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 636%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of mineral substances not elsewhere specified or includeds skyrocketed to $6.6K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 379% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Mineral Substances Not Elsewhere Specified or Included in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.80.82.84.636.7%
AustraliaN/AN/A1.11.972.7%
ColombiaN/AN/AN/A0.10%
OthersN/AN/AN/A0.10%
Total1.80.83.86.654.2%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Bolivia in 2022:

  1. United States (765.0 kg)
  2. Australia (232.0 kg)
  3. Colombia (63.0 kg)

Source: IndexBox Market Intelligence Platform

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