Price for Double or Complex Silicates in Bolivia - 2022

Price for Double or Complex Silicates in Bolivia (CIF) - 2022

The average double or complex silicates import price stood at $703 per ton in 2022, increasing by 11% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 32%. As a result, import price attained the peak level of $834 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($1,997 per ton), while the price for Brazil ($516 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Double or Complex Silicates in Bolivia (FOB) - 2022

The average double or complex silicates export price stood at $2,818 per ton in 2022, picking up by 103% against the previous year. Over the period under review, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2021 to 2022, the rate of growth in terms of prices for Sweden amounted to 0.0% per year.

Imports of Double or Complex Silicates in Bolivia

In 2022, approx. 977 tons of double or complex silicates were imported into Bolivia; reducing by -31.5% on 2021. In general, imports showed a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.

In value terms, double or complex silicates imports reduced remarkably to $687K in 2022. Overall, imports recorded a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 41%.

Import of Double or Complex Silicates in Bolivia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	920	199	426	393	-24.7%
China	246	19.5	94.1	186	-8.9%
Brazil	360	239	175	82.7	-38.8%
Ecuador	35.8	30.6	34.8	N/A	-1.4%
India	104	99.9	131	N/A	12.2%
Netherlands	42.1	28.3	26.6	N/A	-20.5%
Others	78.8	25.4	19.6	24.8	-32.0%
Total	1,787	642	907	687	-27.3%

Top Suppliers of Double or Complex Silicates to Bolivia in 2022:

United States (721.6 tons)
Brazil (160.5 tons)
China (93.2 tons)

Exports of Double or Complex Silicates in Bolivia

In 2022, exports of double or complex silicates from Bolivia fell dramatically to 55 kg, waning by -61.3% compared with 2021 figures. Overall, exports saw a sharp decline.

In value terms, double or complex silicates exports contracted remarkably to $155 in 2022. Over the period under review, exports showed a sharp reduction.