Price for Silicates; Commercial Alkali Metal Silicates in Chile - 2023

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Chile (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Chile (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Chile
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Chile

Price for Silicates; Commercial Alkali Metal Silicates in Chile (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $1,254 per ton, surging by 18% against the previous year. Over the period under review, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 37%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($2,583 per ton), while the price for Peru ($561 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Chile (FOB) - 2022

In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $218 per ton, which is down by -43.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 95% against the previous year. Over the period under review, the average export prices hit record highs at $525 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +7.3% per year.

Imports of Silicates; Commercial Alkali Metal Silicates in Chile

Silicates; commercial alkali metal silicates imports into Chile dropped significantly to 1.6K tons in 2022, falling by -32.8% on 2021. Overall, imports recorded a sharp decline. The smallest decline of -20.6% was in 2021.

In value terms, silicates; commercial alkali metal silicates imports reduced markedly to $2M in 2022. In general, imports faced a sharp reduction. The smallest decline of -13.6% was in 2021.

Import of Silicates; Commercial Alkali Metal Silicates in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia2,0391,024N/A490-37.8%
Argentina16083.912636231.3%
United States7234891,044318-24.0%
Brazil2213043702544.7%
China255364108229-3.5%
SwedenN/AN/AN/A1350%
Poland56.232.890.589.116.6%
Spain4123733172.9-80.8%
Mexico71.20.2172N/A55.4%
Others158246293116-9.8%
Total4,0952,9192,5211,995-21.3%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Chile in 2022:

  1. Argentina (534.2 tons)
  2. China (298.0 tons)
  3. Georgia (249.6 tons)
  4. Brazil (162.0 tons)
  5. United States (123.2 tons)
  6. Poland (101.8 tons)
  7. Sweden (52.3 tons)
  8. Spain (4.0 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Chile

In 2022, approx. 915 tons of silicates; commercial alkali metal silicateses were exported from Chile; with an increase of 118% on 2021. In general, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; commercial alkali metal silicates exports surged to $200K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Silicates; Commercial Alkali Metal Silicates in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama59.011.152.619950.0%
Bolivia0.770.789.5N/A1030.7%
Argentina72.87.23.6N/A-77.8%
Others1.835.516.21.4-8.0%
Total13412516220014.3%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Chile in 2022:

  1. Panama (914.9 tons)

Source: IndexBox Market Intelligence Platform

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