Price for Double or Complex Silicates in Paraguay - 2023

Contents:

  1. Price for Double or Complex Silicates in Paraguay (CIF) - 2022
  2. Imports of Double or Complex Silicates in Paraguay

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

In 2022, the average double or complex silicates import price amounted to $608 per ton, shrinking by -16.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 1,815% against the previous year. As a result, import price attained the peak level of $15,768 per ton. From 2017 to 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 Brazil.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.8% per year.

Imports of Double or Complex Silicates in Paraguay

Double or complex silicates imports into Paraguay soared to 129 tons in 2022, increasing by 104% against the previous year's figure. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 241% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, double or complex silicates imports skyrocketed to $79K in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 221% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Double or Complex Silicates in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil10.034.920.762.283.9%
Italy7.712.56.13.1-26.2%
SpainN/AN/A10.7N/A0%
Others6.229.58.513.329.0%
Total24.076.946.078.648.5%

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

  1. Brazil (127.6 tons)
  2. Italy (0.9 tons)

Source: IndexBox Market Intelligence Platform

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