Silicates; Sodium Metasilicates Price in the Dominican Republic - 2023

Contents:

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

Silicates; Sodium Metasilicates Price in the Dominican Republic (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $626 per ton in 2022, surging by 51% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; sodium metasilicates import price increased by +84.5% against 2017 indices. 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 ($1,050 per ton), while the price for Egypt ($518 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 (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Silicates; Sodium Metasilicates Price in the Dominican Republic (FOB) - 2022

The average silicates; sodium metasilicates export price stood at $17,000 per ton in 2022, surging by 4,690% against the previous year. Overall, the export price enjoyed a significant expansion. 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +20.8% per year.

Silicates; Sodium Metasilicates Imports in the Dominican Republic

In 2022, approx. 9.2K tons of silicates; sodium metasilicateses were imported into the Dominican Republic; rising by 17% against the year before. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicates; sodium metasilicates imports soared to $5.8M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Silicates; Sodium Metasilicates to the Dominican Republic in 2022:

1. United States (undefinedK tons)
2. China (4.2K tons)
3. Colombia (3.2K tons)
4. Egypt (1.1K tons)
5. Spain (0.6K tons)

Silicates; Sodium Metasilicates Exports in the Dominican Republic

In 2022, the amount of silicates; sodium metasilicateses exported from the Dominican Republic shrank dramatically to 4 kg, which is down by 99.9% compared with 2021 figures. Over the period under review, exports recorded a sharp decrease. The smallest decline of -3.3% was in 2020.

In value terms, silicates; sodium metasilicates exports contracted rapidly to $68 in 2022. In general, exports continue to indicate a significant curtailment. The smallest decline of -5.9% was in 2020.

Top Export Markets for Silicates; Sodium Metasilicates from the Dominican Republic in 2022:

1. United States (4.0 kg)

Source: IndexBox Market Intelligence Platform