Price for Silicates; Commercial Alkali Metal Silicates in Costa Rica - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Costa Rica (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Costa Rica (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Costa Rica
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Costa Rica

Price for Silicates; Commercial Alkali Metal Silicates in Costa Rica (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $536 per ton, rising by 27% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,677 per ton), while the price for Colombia ($214 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Costa Rica (FOB) - 2022

The average export price for silicates; commercial alkali metal silicateses stood at $400 per ton in 2022, growing by 63% against the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $999 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($533 per ton), while the average price for exports to Panama ($392 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 (+7.2%), while the prices for the other major destinations experienced a decline.

Imports of Silicates; Commercial Alkali Metal Silicates in Costa Rica

In 2022, purchases abroad of silicates; commercial alkali metal silicateses decreased by -69.8% to 2.3K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports reached the peak of 7.7K tons, and then contracted rapidly in the following year.

In value terms, silicates; commercial alkali metal silicates imports contracted markedly to $1.2M in 2022. Over the period under review, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, imports attained the peak of $3.3M, and then fell sharply in the following year.

Import of Silicates; Commercial Alkali Metal Silicates in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.20.34717171430.5%
China1,6741,5462,237310-43.0%
United States325286371176-18.5%
Colombia30.467.310712.5-25.6%
Others12835.276.234.2-35.6%
Total2,1571,9363,2621,249-16.7%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Costa Rica in 2022:

  1. Mexico (1439.6 tons)
  2. China (748.3 tons)
  3. United States (65.6 tons)
  4. Colombia (58.2 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Costa Rica

For the third year in a row, Costa Rica recorded decline in overseas shipments of silicates; commercial alkali metal silicateses, which decreased by -22% to 1K tons in 2022. Overall, exports recorded a significant decline. The smallest decline of -12.5% was in 2021.

In value terms, silicates; commercial alkali metal silicates exports surged to $402K in 2022. In general, exports saw a deep contraction.

Export of Silicates; Commercial Alkali Metal Silicates in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama536352279369-11.7%
Nicaragua18.129.620.722.57.5%
Guatemala74.77.97.38.3-51.9%
Others9.1N/A9.42.9-31.7%
Total638389316402-14.3%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Costa Rica in 2022:

  1. Panama (940.2 tons)
  2. Nicaragua (42.2 tons)
  3. Guatemala (17.6 tons)

Source: IndexBox Market Intelligence Platform

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