Price for Carbides; of Silicon, Whether or Not Chemically Defined in Canada - 2023

Contents:

  1. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Canada (CIF) - 2023
  2. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Canada (FOB) - 2023
  3. Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Canada
  4. Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Canada

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Canada (CIF) - 2023

In December 2023, the average import price for carbides; of silicon, whether or not chemically defineds amounted to $1,426 per ton, falling by -6.9% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 an increase of 10% against the previous month. Over the period under review, average import prices reached the peak figure at $1,687 per ton in March 2023; however, from April 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was China ($1,526 per ton), while the price for the United States totaled $1,399 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.8%).

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Canada (FOB) - 2023

In December 2023, the average export price for carbides; of silicon, whether or not chemically defineds amounted to $1,295 per ton, approximately equating the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 20% month-to-month. As a result, the export price attained the peak level of $1,685 per ton. From February 2023 to December 2023, the the average export prices failed to regain momentum.

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

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -0.7% per month.

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

In 2022, approx. 8.1K tons of carbides; of silicon, whether or not chemically defineds were imported into Canada; shrinking by -4.4% on the year before. Overall, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year.

In value terms, imports of carbides; of silicon, whether or not chemically defineds skyrocketed to $13M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbides; of Silicon, Whether or Not Chemically Defined in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.46.27.59.54.2%
China0.80.71.83.157.1%
Others0.50.60.40.50.0%
Total9.77.69.613.010.3%

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

  1. United States (6.4K tons)
  2. China (1.4K tons)

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

In 2022, approx. 4.2K tons of carbides; of silicon, whether or not chemically defineds were exported from Canada; surging by 2.5% compared with the previous year. Over the period under review, exports, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year.

In value terms, exports of carbides; of silicon, whether or not chemically defineds surged to $6.2M in 2022. In general, exports, however, saw a slight slump.

Export of Carbides; of Silicon, Whether or Not Chemically Defined in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.54.54.76.2-1.6%
OthersN/AN/AN/AN/A0%
Total6.54.54.76.2-1.6%

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

  1. United States (4.2K tons)

Source: IndexBox Market Intelligence Platform

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