Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico (CIF) - 2023
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico (CIF) - 2023
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $3,155 per ton in October 2023, growing by 3.2% against the previous month. Over the period under review, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 70% against the previous month. Over the period under review, average import prices reached the maximum at $5,294 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($7,030 per ton), while the price for the United States ($2,973 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+13.9%), while the prices for the other major suppliers experienced a decline.
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $826 per ton, with a decrease of -39% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices hit record highs at $3,063 per ton in 2013; however, from 2014 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 the United States.
From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +40.2% per year.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico
In 2022, purchases abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -15.3% to 1.8K tons, falling for the second year in a row after two years of growth. In general, imports recorded a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 103% against the previous year. As a result, imports reached the peak of 9.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia soared to $6.6M in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 78% against the previous year. As a result, imports attained the peak of $17M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 3.9 | 4.9 | 6.1 | 9.1% |
| Belgium | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Spain | 0.6 | 0.6 | 0.3 | 0.1 | -45.0% |
| France | 3.2 | 11.8 | N/A | N/A | 268.8% |
| Others | 0.8 | 0.4 | 0.2 | 0.1 | -50.0% |
| Total | 9.6 | 17.1 | 5.7 | 6.6 | -11.7% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Mexico in 2022:
- United States (1622.2 tons)
- Spain (127.8 tons)
- Belgium (42.6 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico
After two years of decline, overseas shipments of silicates; commercial alkali metal silicates, other than of sodium or potassia increased by 241% to 44 tons in 2022. Overall, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $36K in 2022. Over the period under review, exports, however, saw a dramatic descent.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 97.0 | 12.4 | 17.6 | 36.5 | -27.8% |
| Guatemala | 13.3 | 14.7 | N/A | N/A | 10.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 110 | 27.1 | 17.6 | 36.5 | -30.8% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Mexico in 2022:
- United States (44.2 tons)
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