Price for Carbides; of Silicon, Whether or Not Chemically Defined in Brazil - 2024

Contents:

  1. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Brazil (FOB) - 2024
  2. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Brazil (CIF) - 2022
  3. Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Brazil
  4. Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Brazil

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Brazil (FOB) - 2024

The average export price for carbides; of silicon, whether or not chemically defineds stood at $1,388 per ton in February 2024, waning by -14% against the previous month. Overall, the export price showed a pronounced contraction. The growth pace was the most rapid in January 2024 when the average export price increased by 8.9% against the previous month. Over the period under review, the average export prices hit record highs at $1,791 per ton in July 2023; however, from August 2023 to February 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,898 per ton), while the average price for exports to the Netherlands ($1,120 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Brazil (CIF) - 2022

The average import price for carbides; of silicon, whether or not chemically defineds stood at $2,590 per ton in 2022, increasing by 55% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 155% against the previous year. The import price peaked at $2,631 per ton in 2019; afterwards, it flattened through to 2022.

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 ($4,425 per ton), while the price for Paraguay ($468 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 (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Brazil

In 2022, after three years of growth, there was significant decline in overseas shipments of carbides; of silicon, whether or not chemically defineds, when their volume decreased by -10.5% to 38K tons. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of 43K tons, and then shrank in the following year.

In value terms, exports of carbides; of silicon, whether or not chemically defineds soared to $62M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Carbides; of Silicon, Whether or Not Chemically Defined in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.08.18.912.82.2%
Norway3.74.77.412.248.8%
Belgium2.76.77.59.853.7%
Argentina2.83.56.37.337.6%
Mexico3.34.04.64.914.1%
Germany2.30.91.63.515.0%
United Kingdom1.51.11.12.010.1%
Italy0.31.10.41.881.7%
Portugal1.30.40.81.30.0%
NetherlandsN/AN/A0.11.21100.0%
Peru1.61.02.51.2-9.1%
France1.40.61.50.2-47.7%
Others4.02.74.04.21.6%
Total37.034.746.662.419.0%

Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from Brazil in 2022:

  1. Norway (8.0K tons)
  2. Belgium (6.9K tons)
  3. United States (5.6K tons)
  4. Argentina (4.3K tons)
  5. Mexico (3.4K tons)
  6. Germany (2.2K tons)
  7. Italy (1.3K tons)
  8. United Kingdom (1.3K tons)
  9. Netherlands (0.9K tons)
  10. Portugal (0.8K tons)
  11. Peru (0.8K tons)
  12. France (0.2K tons)

Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Brazil

In 2022, after three years of growth, there was significant decline in purchases abroad of carbides; of silicon, whether or not chemically defineds, when their volume decreased by -26.7% to 724 tons. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 175%. As a result, imports reached the peak of 988 tons, and then declined sharply in the following year.

In value terms, imports of carbides; of silicon, whether or not chemically defineds expanded sharply to $1.9M in 2022. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Carbides; of Silicon, Whether or Not Chemically Defined in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31117436153820.0%
Spain68.820027637676.1%
Norway40.310315626888.1%
United States14120329725021.0%
South AfricaN/AN/AN/A85.40%
ParaguayN/A11223240.3-40.0%
Hong Kong SAR54.814.3N/A27.6-20.4%
Others10513632628940.1%
Total7219421,6481,87537.5%

Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to Brazil in 2022:

  1. China (263.4 tons)
  2. Spain (130.7 tons)
  3. Paraguay (86.1 tons)
  4. Norway (62.0 tons)
  5. United States (56.6 tons)
  6. South Africa (54.0 tons)
  7. Hong Kong SAR (24.0 tons)

Source: IndexBox Market Intelligence Platform

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