Price for Carbides; of Silicon, Whether or Not Chemically Defined in China - 2023
Contents:
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in China (FOB) - 2023
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in China (CIF) - 2022
- Exports of Carbides; of Silicon, Whether or Not Chemically Defined in China
- Imports of Carbides; of Silicon, Whether or Not Chemically Defined in China
Price for Carbides; of Silicon, Whether or Not Chemically Defined in China (FOB) - 2023
In December 2023, the average export price for carbides; of silicon, whether or not chemically defineds amounted to $974 per ton, dropping by -20.5% against the previous month. Over the period under review, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in June 2023 an increase of 23% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,477 per ton in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Japan ($2,256 per ton), while the average price for exports to the United States ($506 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Carbides; of Silicon, Whether or Not Chemically Defined in China (CIF) - 2022
In 2022, the average import price for carbides; of silicon, whether or not chemically defineds amounted to $2,798 per ton, declining by -35.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 69% against the previous year. The import price peaked at $4,466 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($9,432 per ton), while the price for Democratic People's Republic of Korea ($1,003 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Carbides; of Silicon, Whether or Not Chemically Defined in China
In 2022, approx. 412K tons of carbides; of silicon, whether or not chemically defineds were exported from China; with an increase of 12% on 2021 figures. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of carbides; of silicon, whether or not chemically defineds soared to $522M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Carbides; of Silicon, Whether or Not Chemically Defined in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 108 | 78.7 | 112 | 131 | 6.6% |
| United States | 32.4 | 29.5 | 53.8 | 119 | 54.3% |
| South Korea | 38.2 | 35.4 | 43.0 | 50.1 | 9.5% |
| Netherlands | 3.0 | 1.5 | 24.4 | 43.9 | 144.6% |
| Taiwan (Chinese) | 16.6 | 20.7 | 25.4 | 26.2 | 16.4% |
| India | 11.1 | 8.8 | 18.5 | 21.0 | 23.7% |
| Mexico | 7.4 | 8.4 | 11.4 | 20.7 | 40.9% |
| Thailand | 4.0 | 4.5 | 9.3 | 11.4 | 41.8% |
| Turkey | 1.2 | 2.6 | 5.0 | 10.2 | 104.1% |
| Spain | 2.4 | 1.5 | 4.9 | 9.2 | 56.5% |
| Belgium | 1.4 | 1.6 | 1.3 | 8.3 | 81.0% |
| Others | 32.5 | 27.9 | 37.5 | 71.4 | 30.0% |
| Total | 258 | 221 | 346 | 522 | 26.5% |
Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from China in 2022:
- United States (148.2K tons)
- Japan (58.6K tons)
- South Korea (38.9K tons)
- Netherlands (36.8K tons)
- Mexico (22.2K tons)
- India (16.1K tons)
- Taiwan (Chinese) (11.5K tons)
- Turkey (8.6K tons)
- Thailand (8.1K tons)
- Spain (7.2K tons)
- Belgium (6.8K tons)
Imports of Carbides; of Silicon, Whether or Not Chemically Defined in China
In 2022, imports of carbides; of silicon, whether or not chemically defineds into China soared to 6.2K tons, increasing by 119% against the year before. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of carbides; of silicon, whether or not chemically defineds soared to $17M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Carbides; of Silicon, Whether or Not Chemically Defined in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic People's Republic of Korea | 2.0 | 0.2 | 1.1 | 4.6 | 32.0% |
| Japan | 2.2 | 2.7 | 4.5 | 4.2 | 24.1% |
| Norway | 1.6 | 2.3 | 2.3 | 3.7 | 32.2% |
| Taiwan (Chinese) | 1.2 | 1.6 | 2.2 | 1.9 | 16.6% |
| South Korea | N/A | N/A | 0.2 | 1.0 | 400.0% |
| Germany | 0.4 | 0.4 | 0.6 | 0.7 | 20.5% |
| Others | 0.8 | 0.8 | 1.4 | 1.1 | 11.2% |
| Total | 8.3 | 7.9 | 12.2 | 17.2 | 27.5% |
Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to China in 2022:
- Democratic People's Republic of Korea (4602.1 tons)
- Japan (448.0 tons)
- Norway (423.8 tons)
- Taiwan (Chinese) (299.6 tons)
- South Korea (153.8 tons)
- Germany (97.1 tons)
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