Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica - 2022

Contents:

  1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica (CIF) - 2022
  2. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica (FOB) - 2022
  3. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica
  4. Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica (CIF) - 2022

In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $667 per ton, rising by 76% against the previous year. Overall, the import price continues to indicate a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($681 per ton), while the price for China totaled $555 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.4%).

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica (FOB) - 2022

In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $836 per ton, waning by -3.2% against the previous year. In general, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $864 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($887 per ton), while the average price for exports to Guatemala ($480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica

In 2022, after three years of growth, there was significant decline in purchases abroad of silicates; of sodium (excluding sodium metasilicates)s, when their volume decreased by -54.2% to 3.2K tons. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of 7.1K tons, and then shrank markedly in the following year.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s dropped significantly to $2.2M in 2022. Overall, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. As a result, imports reached the peak of $2.7M, and then dropped dramatically in the following year.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.10.34671,5132373.3%
China1,1481,5072,142555-21.5%
Others14980.879.897.2-13.3%
Total1,2961,5892,6892,16518.7%

Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Costa Rica in 2022:

  1. Mexico (2.2K tons)
  2. China (1.0K tons)

Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica

In 2022, overseas shipments of silicates; of sodium (excluding sodium metasilicates)s were finally on the rise to reach 478 tons after two years of decline. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $400K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama11.712.613.1369215.9%
Nicaragua0.40.61.021.1275.0%
Guatemala0.20.20.47.3231.7%
OthersN/AN/A0.42.9625.0%
Total12.313.514.8400219.2%

Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Costa Rica in 2022:

  1. Panama (415.6 tons)
  2. Nicaragua (41.1 tons)
  3. Guatemala (15.2 tons)

Source: IndexBox Market Intelligence Platform

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