Silicates; Sodium Metasilicates Price in Guatemala - 2023

Contents:

  1. Silicates; Sodium Metasilicates Price in Guatemala (CIF) - 2022
  2. Silicates; Sodium Metasilicates Price in Guatemala (FOB) - 2022
  3. Silicates; Sodium Metasilicates Imports in Guatemala
  4. Silicates; Sodium Metasilicates Exports in Guatemala

Silicates; Sodium Metasilicates Price in Guatemala (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $757 per ton in 2022, picking up by 34% against the previous year. Over the period under review, the import price showed strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 the United States ($3,496 per ton), while the price for Mexico ($423 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Silicates; Sodium Metasilicates Price in Guatemala (FOB) - 2022

The average silicates; sodium metasilicates export price stood at $983 per ton in 2022, surging by 16% against the previous year. Over the period under review, the export price saw a moderate increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 164%. Over the period under review, the average export prices reached the maximum at $1,821 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($2,221 per ton), while the average price for exports to Honduras totaled $731 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.

Silicates; Sodium Metasilicates Imports in Guatemala

In 2022, overseas purchases of silicates; sodium metasilicateses decreased by -70.8% to 111 tons, falling for the second year in a row after two years of growth. In general, imports showed a sharp setback. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. As a result, imports attained the peak of 3.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, silicates; sodium metasilicates imports contracted notably to $84K in 2022. Overall, imports saw a precipitous descent. The pace of growth was the most pronounced in 2020 when imports increased by 8% against the previous year. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Silicates; Sodium Metasilicates in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China52126632.667.9-49.3%
Mexico64874541.812.3-73.3%
Netherlands433718115N/A-48.5%
Others0.40.124.84.1117.2%
Total1,6021,73021584.3-62.5%

Top Suppliers of Silicates; Sodium Metasilicates to Guatemala in 2022:

  1. China (81.3 tons)
  2. Mexico (29.1 tons)

Silicates; Sodium Metasilicates Exports in Guatemala

In 2022, shipments abroad of silicates; sodium metasilicateses decreased by -98.6% to 1 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 486% against the previous year. As a result, the exports reached the peak of 86 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, silicates; sodium metasilicates exports shrank sharply to $1K in 2022. Over the period under review, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 505% against the previous year. As a result, the exports attained the peak of $157K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Silicates; Sodium Metasilicates in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras22.88.115.60.6-70.3%
Nicaragua3.216.15.60.4-50.0%
EcuadorN/A104N/AN/A0%
ColombiaN/AN/A5.5N/A0%
Costa RicaN/A11.213.0N/A16.1%
El SalvadorN/A17.721.3N/A20.3%
OthersN/AN/AN/AN/A0%
Total26.015761.11.0-66.2%

Top Export Markets for Silicates; Sodium Metasilicates from Guatemala in 2022:

  1. Honduras (845.0 kg)
  2. Nicaragua (172.0 kg)

Source: IndexBox Market Intelligence Platform

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