Silicates; Sodium Metasilicates Price in Colombia - 2022

Contents:

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

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

The average silicates; sodium metasilicates import price stood at $845 per ton in February 2022, picking up by 2.9% against the previous month. In general, the import price continues to indicate a moderate increase. The growth pace was the most rapid in July 2021 when the average import price increased by 273% against the previous month. As a result, import price reached the peak level of $2,371 per ton. From August 2021 to February 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to +3.5% per month.

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

The average silicates; sodium metasilicates export price stood at $441 per ton in 2022, reducing by -4.1% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 42%. Over the period under review, the average export prices attained the maximum at $597 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($457 per ton), while the average price for exports to Honduras stood at $304 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (-4.2%).

Silicates; Sodium Metasilicates Imports in Colombia

In 2022, supplies from abroad of silicates; sodium metasilicateses was finally on the rise to reach 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a drastic downturn.

In value terms, silicates; sodium metasilicates imports skyrocketed to $416K in 2022. In general, imports, however, continue to indicate a significant decline.

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

1. China (1007.4 tons)
2. Netherlands (51.7 tons)
3. Brazil (29.4 tons)

Silicates; Sodium Metasilicates Exports in Colombia

In 2022, the amount of silicates; sodium metasilicateses exported from Colombia shrank markedly to 1.4K tons, with a decrease of -41.9% on the year before. In general, exports, however, posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of 516%. As a result, the exports attained the peak of 2.4K tons, and then dropped remarkably in the following year.

In value terms, silicates; sodium metasilicates exports dropped significantly to $624K in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 773% against the previous year. As a result, the exports reached the peak of $1.1M, and then shrank remarkably in the following year.

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

1. Dominican Republic (1083.8 tons)
2. Honduras (316.9 tons)

Source: IndexBox Market Intelligence Platform