Mexico - Silicon Dioxide - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilicon Dioxide Price in Mexico - 2023
Contents:
- Silicon Dioxide Price in Mexico (CIF) - 2023
- Silicon Dioxide Price in Mexico (FOB) - 2023
- Silicon Dioxide Imports in Mexico
- Silicon Dioxide Exports in Mexico
Silicon Dioxide Price in Mexico (CIF) - 2023
The average silicon dioxide import price stood at $1,953 per ton in August 2023, surging by 9.5% against the previous month. In general, the import price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 358% month-to-month. Over the period under review, average import prices hit record highs at $2,599 per ton in May 2023; however, from June 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,935 per ton), while the price for China ($1,308 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced a decline.
Silicon Dioxide Price in Mexico (FOB) - 2023
In August 2023, the average silicon dioxide export price amounted to $3,792 per ton, increasing by 15% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 43% m-o-m. Over the period under review, the average export prices attained the maximum at $4,034 per ton in September 2022; however, from October 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was Guatemala ($4,579 per ton), while the average price for exports to the United States stood at $3,756 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+9.9%).
Silicon Dioxide Imports in Mexico
Silicon dioxide imports into Mexico expanded notably to 71K tons in 2022, picking up by 6.6% on the previous year. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, silicon dioxide imports skyrocketed to $151M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicon Dioxide in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 73.2 | 62.2 | 67.5 | 85.2 | 5.2% |
| China | 21.1 | 19.8 | 32.6 | 45.1 | 28.8% |
| Brazil | 3.1 | 3.7 | 4.4 | 5.6 | 21.8% |
| Germany | 4.7 | 4.8 | 4.8 | 5.3 | 4.1% |
| Thailand | 4.0 | 3.0 | N/A | 2.0 | -20.6% |
| Others | 8.3 | 8.4 | 6.4 | 7.6 | -2.9% |
| Total | 114 | 102 | 116 | 151 | 9.8% |
Top Suppliers of Silicon Dioxide to Mexico in 2022:
- United States (40.6K tons)
- China (24.2K tons)
- Brazil (2.3K tons)
- Germany (1.3K tons)
- Thailand (1.2K tons)
Silicon Dioxide Exports in Mexico
In 2022, shipments abroad of silicon dioxide decreased by -6.7% to 2.8K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, the exports attained the peak of 3.5K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, silicon dioxide exports dropped to $9.8M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, the exports reached the peak of $11M, and then shrank in the following year.
| Export of Silicon Dioxide in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.2 | 6.7 | 10.8 | 9.3 | 14.5% |
| Guatemala | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
| Others | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Total | 6.7 | 6.9 | 11.2 | 9.8 | 13.5% |
Top Export Markets for Silicon Dioxide from Mexico in 2022:
- United States (2.5K tons)
- Guatemala (0.3K tons)
This report provides an in-depth analysis of the silicon dioxide market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132475 - Silicon dioxide
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In December 2022, the price of silicon dioxide was $2149/ton (CIF, Mexico), representing a 5.5% drop from the previous month.
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The price of Oxides Of Boron reached $1,354 per ton (CIF, Mexico) in April 2023, showing a 1.6% increase compared to the previous month.
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In December 2022, the price of silicon dioxide was $2149/ton (CIF, Mexico), representing a 5.5% drop from the previous month.
