Price for Carbides; of Silicon, Whether or Not Chemically Defined in the Dominican Republic - 2023

Contents:

  1. Price for Carbides; of Silicon, Whether or Not Chemically Defined in the Dominican Republic (CIF) - 2022
  2. Imports of Carbides; of Silicon, Whether or Not Chemically Defined in the Dominican Republic

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

The average import price for carbides; of silicon, whether or not chemically defineds stood at $2,678 per ton in 2022, picking up by 23% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 carbides; of silicon, whether or not chemically defineds increased by +50.8% against 2018 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,754 per ton), while the price for the United States totaled $2,437 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Carbides; of Silicon, Whether or Not Chemically Defined in the Dominican Republic

Imports of carbides; of silicon, whether or not chemically defineds into the Dominican Republic skyrocketed to 34 tons in 2022, with an increase of 45% compared with the previous year's figure. In general, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of 162%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of carbides; of silicon, whether or not chemically defineds soared to $92K in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 171%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Carbides; of Silicon, Whether or Not Chemically Defined in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.06.822.071.640.2%
United States12.58.220.819.916.8%
Czech Republic6.94.08.8N/A12.9%
Others0.3N/AN/AN/A0%
Total45.619.151.691.526.1%

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

  1. China (26.0 tons)
  2. United States (8.2 tons)

Source: IndexBox Market Intelligence Platform

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