Price for Silicates; Commercial Alkali Metal Silicates in Ecuador - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Ecuador (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Ecuador (FOB) - 2021
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Ecuador
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Ecuador

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

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $478 per ton, dropping by -3.3% against the previous year. Overall, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 37%. The import price peaked at $1,205 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,489 per ton), while the price for Colombia ($195 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced a decline.

Price for Silicates; Commercial Alkali Metal Silicates in Ecuador (FOB) - 2021

In December 2021, the average export price for silicates; commercial alkali metal silicateses amounted to $446 per ton, remaining relatively unchanged against the previous month. Overall, the export price saw a relatively flat trend pattern. 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 Panama.

From November 2021 to December 2021, the rate of growth in terms of prices for Panama amounted to 0.0% per month.

Imports of Silicates; Commercial Alkali Metal Silicates in Ecuador

Silicates; commercial alkali metal silicates imports into Ecuador fell slightly to 3.5K tons in 2022, reducing by -4.2% against 2021. Over the period under review, imports recorded a noticeable decrease. The smallest decline of -0.9% was in 2021.

In value terms, silicates; commercial alkali metal silicates imports shrank to $1.7M in 2022. In general, imports saw a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year.

Import of Silicates; Commercial Alkali Metal Silicates in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China54971935679213.0%
Peru13214633025224.1%
Netherlands94.865.022317021.5%
Belgium15410225486.7-17.4%
Colombia30114246.370.8-38.3%
United States77.010884.668.7-3.7%
Mexico12.220.684.464.574.2%
Others487237428168-29.9%
Total1,8081,5391,8051,672-2.6%

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

  1. China (1439.0 tons)
  2. Peru (594.2 tons)
  3. Netherlands (476.7 tons)
  4. Colombia (362.3 tons)
  5. Mexico (246.7 tons)
  6. Belgium (165.9 tons)
  7. United States (19.7 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Ecuador

In 2022, approx. 5.2 tons of silicates; commercial alkali metal silicateses were exported from Ecuador; shrinking by -19.2% on 2021 figures. In general, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 13%.

In value terms, silicates; commercial alkali metal silicates exports expanded markedly to $2.2K in 2022. Overall, exports saw a abrupt contraction.

Export of Silicates; Commercial Alkali Metal Silicates in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/AN/A9080%
Panama1,0201,6591,346251-37.3%
Colombia74231225147.0-60.1%
Venezuela83529820432.0-66.3%
Peru40012879.011.0-69.8%
OthersN/AN/A37.09082354.1%
Total2,9972,3971,9172,157-10.4%

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

  1. Panama (1878.0 kg)
  2. Portugal (1560.0 kg)
  3. Peru (90.0 kg)
  4. Venezuela (51.0 kg)
  5. Colombia (45.0 kg)

Source: IndexBox Market Intelligence Platform

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