Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil - 2024
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil (FOB) - 2024
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil (CIF) - 2022
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil (FOB) - 2024
In September 2023, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $433 per ton, waning by -44.7% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 179% against the previous month. As a result, the export price attained the peak level of $1,203 per ton. From March 2023 to September 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In September 2023, the country with the highest price was Bolivia ($568 per ton), while the average price for exports to the United States totaled $427 per ton.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%).
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil (CIF) - 2022
In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $2,007 per ton, jumping by 35% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicates; of sodium (excluding sodium metasilicates)s increased by +36.3% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 38%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue 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 Germany ($4,422 per ton), while the price for Belgium ($401 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil
After three years of growth, overseas shipments of silicates; of sodium (excluding sodium metasilicates)s decreased by -5.7% to 46K tons in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 93% against the previous year.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $19M in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 77%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.0 | 7.3 | 13.3 | 17.0 | 78.3% |
| Bolivia | 0.6 | 0.4 | 0.5 | 1.1 | 22.4% |
| Others | 1.0 | 0.5 | 0.6 | 1.0 | 0.0% |
| Total | 4.7 | 8.2 | 14.5 | 19.0 | 59.3% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Brazil in 2022:
- United States (43.4K tons)
- Bolivia (1.9K tons)
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Brazil
In 2022, supplies from abroad of silicates; of sodium (excluding sodium metasilicates)s decreased by -6.5% to 471 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. As a result, imports attained the peak of 594 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s surged to $946K in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, 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; of Sodium (Excluding Sodium Metasilicates) in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 314 | 391 | 310 | 432 | 11.2% |
| Germany | 101 | 325 | 201 | 173 | 19.6% |
| China | N/A | 13.3 | 40.4 | 88.8 | 158.4% |
| Italy | 43.1 | 26.8 | 62.2 | 52.1 | 6.5% |
| United States | 166 | 45.8 | 89.9 | 50.4 | -32.8% |
| Belgium | 3.9 | 19.6 | 8.1 | 13.6 | 51.6% |
| Argentina | 7.9 | 5.5 | 13.4 | 11.7 | 14.0% |
| Others | 75.5 | 47.3 | 22.3 | 124 | 18.0% |
| Total | 711 | 874 | 747 | 946 | 10.0% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Brazil in 2022:
- Netherlands (308.0 tons)
- Germany (39.2 tons)
- Belgium (34.0 tons)
- China (24.0 tons)
- Italy (18.6 tons)
- United States (15.8 tons)
- Argentina (14.6 tons)
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