Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Italy - 2023

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Italy (CIF) - 2022
  2. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Italy (FOB) - 2022
  3. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Italy
  4. Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Italy

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Italy (CIF) - 2022

The average import price for silicon; containing by weight less than 99.99% of silica stood at $3,967 per ton in 2022, growing by 63% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicon; containing by weight less than 99.99% of silica increased by +110.1% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($5,355 per ton), while the price for Germany ($2,689 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Italy (FOB) - 2022

The average export price for silicon; containing by weight less than 99.99% of silica stood at $3,581 per ton in 2022, picking up by 23% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for silicon; containing by weight less than 99.99% of silica increased by +82.1% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 52% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($6,556 per ton), while the average price for exports to the Czech Republic ($2,063 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 Sweden (+43.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Italy

Imports of silicon; containing by weight less than 99.99% of silica into Italy contracted slightly to 52K tons in 2022, reducing by -3.3% compared with the previous year. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of 54K tons, and then fell modestly in the following year.

In value terms, imports of silicon; containing by weight less than 99.99% of silica skyrocketed to $207M in 2022. Overall, imports, however, posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France24.314.622.158.433.9%
Netherlands15.816.732.343.039.6%
China6.314.220.931.070.1%
Croatia9.915.121.829.543.9%
Germany9.011.113.514.316.7%
Spain3.61.76.310.040.6%
Bosnia and Herzegovina1.10.44.56.580.8%
Slovenia4.30.82.13.8-4.0%
South Africa19.43.2N/AN/A-83.5%
Others5.49.27.811.026.8%
Total99.287.113120727.8%

Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Italy in 2022:

  1. France (13.2K tons)
  2. Netherlands (11.5K tons)
  3. China (8.6K tons)
  4. Croatia (6.7K tons)
  5. Germany (5.3K tons)
  6. Spain (1.9K tons)
  7. Bosnia and Herzegovina (1.5K tons)
  8. Slovenia (0.8K tons)

Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Italy

In 2022, approx. 1.1K tons of silicon; containing by weight less than 99.99% of silica were exported from Italy; with a decrease of -14.8% on the year before. Over the period under review, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 19%.

In value terms, exports of silicon; containing by weight less than 99.99% of silica reached $3.9M in 2022. In general, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 75% against the previous year.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany39.685.64951,166208.8%
Czech Republic906261295689-8.7%
SwedenN/A32.8N/A663349.6%
Albania6.711.9494563338.0%
AustriaN/A2.862.2300935.1%
Poland1,14357.8112154-48.7%
Slovenia55.819229377.911.8%
Romania28429.733931.7-51.9%
Slovakia2,253827103N/A-78.6%
Hungary775283174N/A-52.6%
United States804N/AN/AN/A0%
Greece8980.4N/AN/A-100.0%
CanadaN/AN/A839N/A0%
Others781326494234-33.1%
Total7,9462,1103,7003,879-21.3%

Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Italy in 2022:

  1. Czech Republic (334.3 tons)
  2. Germany (272.4 tons)
  3. Sweden (162.4 tons)
  4. Albania (85.9 tons)
  5. Austria (68.3 tons)
  6. Poland (67.0 tons)
  7. Slovenia (34.2 tons)
  8. Romania (8.8 tons)

Source: IndexBox Market Intelligence Platform

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