Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ecuador - 2022
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ecuador (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ecuador (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ecuador
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ecuador
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ecuador (CIF) - 2022
In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $591 per ton, with an increase of 22% against the previous year. In general, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 48%. The import price peaked at $1,072 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 ($4,789 per ton), while the price for China ($393 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ecuador (FOB) - 2022
In December 2021, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $446 per ton, stabilizing at the previous month. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained 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; of Sodium (Excluding Sodium Metasilicates) in Ecuador
In 2022, approx. 1.2K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Ecuador; rising by 264% on 2021. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $694K in 2022. Over the period under review, imports recorded significant growth. 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 85.6 | 106 | 103 | 575 | 88.7% |
| Peru | 88.7 | 54.1 | 25.7 | 69.0 | -8.0% |
| China | 62.9 | 27.5 | 7.5 | 22.5 | -29.0% |
| Others | 31.3 | 37.5 | 20.2 | 27.3 | -4.5% |
| Total | 269 | 225 | 157 | 694 | 37.2% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Ecuador in 2022:
- Colombia (1020.1 tons)
- Peru (91.6 tons)
- China (57.3 tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ecuador
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s exported from Ecuador skyrocketed to 168 tons, jumping by 17% compared with the previous year. The total export volume increased at an average annual rate of +16.8% over the period from 2021 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s shrank significantly to $92K in 2022. Overall, exports, however, recorded a sharp descent.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Panama | 126 | 91.7 | -27.2% | ||
| Others | N/A | 0.4 | 0% | ||
| Total | 126 | 92.1 | -26.9% | ||
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Ecuador in 2022:
- Panama (168.2 tons)
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