Latin America and the Caribbean: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Latin America and the Caribbean

The Latin American market for siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X in 2022, increasing by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Latin America and the Caribbean

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production of attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports in Latin America and the Caribbean

In 2022, the amount of siliceous fossil meals (kieselguhr, tripolite and diatomite) exported in Latin America and the Caribbean surged to X tons, growing by X% against 2021 figures. Overall, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X in 2022. In general, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Argentina represented the largest exporting country with an export of around X tons, which recorded X% of total exports. Peru (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Mexico (X%). Chile (X tons), Brazil (X tons), Cuba (X tons) and Paraguay (X tons) followed a long way behind the leaders.

Exports from Argentina increased at an average annual rate of X% from 2012 to 2022. At the same time, Paraguay (X%), Peru (X%), Brazil (X%) and Cuba (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Chile (X%) and Mexico (X%) illustrated a downward trend over the same period. Argentina (X p.p.), Peru (X p.p.), Brazil (X p.p.), Paraguay (X p.p.) and Cuba (X p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X), Argentina ($X) and Mexico ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Brazil, Chile, Paraguay and Cuba lagged somewhat behind, together accounting for a further X%.

Paraguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Cuba ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced a decline in the export price figures.

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% to X tons, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 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.

Imports by Country

In 2022, Brazil (X tons), distantly followed by Chile (X tons), Ecuador (X tons) and Guatemala (X tons) represented the major importers of siliceous fossil meals (kieselguhr, tripolite and diatomite), together mixing up X% of total imports. Mexico (X tons), Colombia (X tons), Uruguay (X tons), Peru (X tons), Argentina (X tons), Paraguay (X tons) and Trinidad and Tobago (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported siliceous fossil meals (kieselguhr, tripolite and diatomite) in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with an X% share of total imports. It was followed by Guatemala, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Guatemala (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. Over the period under review, import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Paraguay ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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