U.S. - Silicon Dioxide - Market Analysis, Forecast, Size, Trends And Insights
Silicon Dioxide Price per Ton May 2022
U.S. Silicon Dioxide Price per Ton May 2022
The silicon dioxide price per ton stood at $2,699 (CIF, US) in May 2022, reducing by -9.1% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in Apr 2022 an increase of 13% m-o-m. As a result, import price reached the peak level of $2,969 per ton, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,496 per ton), while the price for Norway ($1,340 per ton) was amongst the lowest.
From Jan 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Norway (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Silicon Dioxide Imports
Silicon dioxide imports into the United States expanded significantly to 17K tons in May 2022, surging by 14% compared with Apr 2022 figures. The total import volume increased at an average monthly rate of +8.4% over the period from Jan 2022 to May 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The growth pace was the most rapid in Feb 2022 when imports increased by 20% against the previous month. Imports peaked in May 2022 and are expected to retain growth in the near future.
In value terms, silicon dioxide imports rose slightly to $45M (IndexBox estimates) in May 2022. The total import value increased at an average monthly rate of +9.2% from Jan 2022 to May 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in Feb 2022 with an increase of 16% month-to-month. Imports peaked in May 2022 and are likely to continue growth in the near future.
U.S. Silicon Dioxide Imports by Country
In May 2022, China (11K tons) constituted the largest silicon dioxide supplier to the United States, accounting for a 68% share of total imports. Moreover, silicon dioxide imports from China exceeded the figures recorded by the second-largest supplier, Japan (1.3K tons), ninefold. The third position in this ranking was held by Germany (969 tons), with a 5.8% share.
From Jan 2022 to May 2022, the average monthly rate of growth in terms of volume from China totaled +8.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+21.2% per month) and Germany (-7.8% per month).
In value terms, China ($20M) constituted the largest supplier of silicon dioxide to the United States, comprising 43% of total imports. The second position in the ranking was taken by Japan ($8.9M), with a 20% share of total imports. It was followed by Germany, with a 16% share.
From Jan 2022 to May 2022, the average monthly rate of growth in terms of value from China stood at +10.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+21.5% per month) and Germany (-2.4% per month).
This report provides an in-depth analysis of the silicon dioxide market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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