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

Contents:

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

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

The average import price for carbides; of silicon, whether or not chemically defineds stood at $8,284 per ton in 2022, dropping by -38.1% against the previous year. In general, the import price, however, continues to indicate significant growth. The growth pace was the most rapid in 2018 when the average import price increased by 407% against the previous year. The import price peaked at $13,379 per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,381 per ton), while the price for France totaled $4,051 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for carbides; of silicon, whether or not chemically defineds amounted to $4,712 per ton, remaining constant against the previous year. Over the period under review, the export price posted prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price decreased by -12.4% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +39.5% per year.

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

In 2022, purchases abroad of carbides; of silicon, whether or not chemically defineds decreased by -16.8% to 2.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 292% against the previous year. As a result, imports attained the peak of 3.5 tons, and then fell significantly in the following year.

In value terms, imports of carbides; of silicon, whether or not chemically defineds reduced sharply to $24K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 728%. As a result, imports reached the peak of $46K, and then declined sharply in the following year.

Import of Carbides; of Silicon, Whether or Not Chemically Defined in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A1.434.723.4308.8%
France0.60.10.10.2-30.7%
Norway0.50.50.7N/A18.3%
HungaryN/AN/A0.7N/A0%
NetherlandsN/A1.5N/AN/A0%
Others0.52.110.00.1-41.5%
Total1.65.646.223.8145.9%

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

  1. United Kingdom (2796.0 kg)
  2. France (59.0 kg)

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

In 2022, shipments abroad of carbides; of silicon, whether or not chemically defineds decreased by 0% to 5 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 75%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of carbides; of silicon, whether or not chemically defineds amounted to $24K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Carbides; of Silicon, Whether or Not Chemically Defined in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.0N/AN/A23.6186.8%
United KingdomN/A1.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.01.6N/A23.6186.8%

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

  1. Russia (5.0 tons)

Source: IndexBox Market Intelligence Platform

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