Price for Silicates; Commercial Alkali Metal Silicates in Venezuela - 2022

Contents:

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

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

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $487 per ton, increasing by 22% against the previous year. Overall, the import price, however, showed a abrupt downturn. The import price peaked at $886 per ton in 2012; however, from 2013 to 2022, import prices stood 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 the United States ($2,480 per ton), while the price for Mexico ($135 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $865 per ton, rising by 7.8% against the previous year. Overall, the export price continues to indicate a notable increase. The pace of growth appeared the most rapid in 2014 an increase of 72%. The export price peaked at $2,570 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($2,426 per ton), while the average price for exports to Colombia ($59 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 Canada (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Silicates; Commercial Alkali Metal Silicates in Venezuela

In 2022, the amount of silicates; commercial alkali metal silicateses imported into Venezuela soared to 646 tons, increasing by 206% against 2021 figures. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, silicates; commercial alkali metal silicates imports surged to $314K in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; Commercial Alkali Metal Silicates in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia11.124.313.1116118.6%
Greece29.236.926.164.730.4%
China26.512.05.555.327.8%
United States37.115.09.320.1-18.5%
Switzerland12.05.34.712.71.9%
Peru3.312.96.612.053.8%
Mexico7.78.04.79.57.3%
Others34.631.114.223.6-12.0%
Total16114584.231424.9%

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

  1. Colombia (308.7 tons)
  2. China (135.6 tons)
  3. Mexico (70.4 tons)
  4. Greece (51.3 tons)
  5. Peru (50.4 tons)
  6. Switzerland (9.9 tons)
  7. United States (8.1 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Venezuela

In 2022, exports of silicates; commercial alkali metal silicateses from Venezuela dropped significantly to 4.9 tons, with a decrease of -18.2% compared with 2021. Over the period under review, exports continue to indicate a abrupt setback.

In value terms, silicates; commercial alkali metal silicates exports shrank to $4.2K in 2022. Overall, exports continue to indicate a abrupt contraction. The smallest decline of -11.9% was in 2020.

Export of Silicates; Commercial Alkali Metal Silicates in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1.81.71.51.4-8.0%
United States2.01.71.51.3-13.4%
Trinidad and Tobago2.01.71.51.3-13.4%
Panama0.20.20.20.20.0%
Colombia0.1N/AN/AN/A0%
Others0.10.10.10.10.0%
Total6.15.44.84.2-11.7%

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

  1. Trinidad and Tobago (2223.0 kg)
  2. Panama (799.0 kg)
  3. United States (647.0 kg)
  4. Colombia (595.0 kg)
  5. Canada (584.0 kg)

Source: IndexBox Market Intelligence Platform

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