Price for Silicates; Commercial Alkali Metal Silicates in Paraguay - 2023

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

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $961 per ton, picking up by 79% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates import price increased by +84.6% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($3,279 per ton), while the price for Argentina ($701 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for silicates; commercial alkali metal silicateses amounted to $7,567 per ton, remaining stable against the previous year. Overall, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

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

From 2017 to 2021, the rate of growth in terms of prices for Bolivia amounted to +8.9% per year.

Imports of Silicates; Commercial Alkali Metal Silicates in Paraguay

For the third consecutive year, Paraguay recorded decline in supplies from abroad of silicates; commercial alkali metal silicateses, which decreased by -28.1% to 407 tons in 2022. Over the period under review, imports continue to indicate a deep slump. The smallest decline of -7% was in 2021.

In value terms, silicates; commercial alkali metal silicates imports skyrocketed to $392K in 2022. In general, imports recorded a relatively flat trend pattern.

Import of Silicates; Commercial Alkali Metal Silicates in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	291	196	153	177	-15.3%
United States	38.5	28.4	33.3	103	38.8%
Brazil	35.4	40.7	50.9	88.4	35.7%
Germany	6.3	6.2	9.4	24.1	56.4%
China	16.5	20.7	20.4	N/A	11.2%
Others	8.8	27.2	35.9	N/A	102.0%
Total	397	319	303	392	-0.4%

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

Argentina (252.0 tons)
Brazil (112.5 tons)
United States (35.5 tons)
Germany (7.3 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Paraguay

Silicates; commercial alkali metal silicates exports from Paraguay was estimated at 980 kg in 2021, remaining stable against the previous year's figure. In general, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, silicates; commercial alkali metal silicates exports totaled $7.4K in 2021. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in years to come.