Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK - 2023
Contents:
- Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK (CIF) - 2022
- Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK (FOB) - 2022
- Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK
- Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK
Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK (CIF) - 2022
In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $140,663 per ton, with an increase of 58% against the previous year. Over the period under review, the import price showed a buoyant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 214%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($158,871 per ton), while the price for China ($10,923 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+39.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK (FOB) - 2022
In 2022, the average export price for silicon; containing by weight not less than 99.99% of silica amounted to $2,534 per ton, with a decrease of -82% against the previous year. In general, the export price showed a dramatic downturn. The most prominent rate of growth was recorded in 2018 an increase of 105%. As a result, the export price reached the peak level of $34,566 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($91,950 per ton), while the average price for exports to France ($2,506 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK
Imports of silicon; containing by weight not less than 99.99% of silica into the UK plummeted to 166 tons in 2022, waning by -61% on 2021 figures. Overall, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 9% against the previous year.
In value terms, imports of silicon; containing by weight not less than 99.99% of silica contracted remarkably to $23M in 2022. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, imports reached the peak of $38M, and then dropped notably in the following year.
| Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 24.2 | 16.6 | 24.1 | 15.8 | -13.2% |
| United States | 7.0 | 7.5 | 10.6 | 7.2 | 0.9% |
| Germany | 2.1 | 1.4 | 3.0 | 0.2 | -54.3% |
| France | 0.1 | N/A | N/A | 0.1 | 0.0% |
| China | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Poland | 0.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Total | 33.8 | 25.8 | 37.9 | 23.4 | -11.5% |
Top Suppliers of Silicon; Containing by Weight Not Less than 99.99% of Silicon to the UK in 2022:
- Japan (99.6 tons)
- United States (49.3 tons)
- France (9.2 tons)
- China (5.2 tons)
- Germany (2.2 tons)
Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK
Exports of silicon; containing by weight not less than 99.99% of silica from the UK soared to 184 tons in 2022, rising by 733% against the year before. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of silicon; containing by weight not less than 99.99% of silica surged to $465K in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 213 | 83.7 | 16.8 | 243 | 4.5% |
| Ireland | 9.4 | 25.3 | 86.2 | 39.9 | 61.9% |
| Saudi Arabia | N/A | N/A | N/A | 32.2 | 0% |
| Germany | 38.7 | 196 | 59.9 | 29.3 | -8.9% |
| France | 62.2 | 10.5 | 8.0 | 8.9 | -47.7% |
| Others | 104 | 134 | 140 | 112 | 2.5% |
| Total | 427 | 449 | 311 | 465 | 2.9% |
Top Export Markets for Silicon; Containing by Weight Not Less than 99.99% of Silicon from the UK in 2022:
- United States (14.6 tons)
- Ireland (6.1 tons)
- France (3.5 tons)
- Germany (2.4 tons)
- Saudi Arabia (1.8 tons)
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