Price for Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines - 2023
Contents:
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines (CIF) - 2022
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines (FOB) - 2022
- Imports of Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines
- Exports of Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines
Price for Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines (CIF) - 2022
In 2022, the average import price for carbides; of silicon, whether or not chemically defineds amounted to $2,347 per ton, rising by 2.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 40% against the previous year. The import price peaked at $2,578 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,476 per ton), while the price for Vietnam ($965 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines (FOB) - 2022
In 2022, the average export price for carbides; of silicon, whether or not chemically defineds amounted to $2,670 per ton, jumping by 36% against the previous year. Overall, the export price posted a noticeable increase. The pace of growth appeared the most rapid in 2016 an increase of 91%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,029 per ton), while the average price for exports to Italy ($543 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 Germany (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines
In 2022, approx. 622 tons of carbides; of silicon, whether or not chemically defineds were imported into the Philippines; growing by 2.6% against 2021 figures. Overall, imports, however, recorded a noticeable decrease. The growth pace was the most rapid in 2021 when imports increased by 137%.
In value terms, imports of carbides; of silicon, whether or not chemically defineds rose significantly to $1.5M in 2022. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 160%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 849 | 315 | 829 | 1,172 | 11.3% |
| Malaysia | 35.2 | 21.8 | 167 | 128 | 53.8% |
| Japan | 89.4 | 95.5 | 256 | 73.9 | -6.1% |
| Vietnam | N/A | N/A | N/A | 57.9 | 0% |
| Italy | 22.5 | 15.7 | 14.1 | N/A | -20.8% |
| Others | 135 | 84.2 | 116 | 26.8 | -41.7% |
| Total | 1,130 | 532 | 1,382 | 1,459 | 8.9% |
Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to the Philippines in 2022:
- China (512.4 tons)
- Vietnam (60.0 tons)
- Malaysia (30.5 tons)
- Japan (16.5 tons)
Exports of Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines
In 2022, exports of carbides; of silicon, whether or not chemically defineds from the Philippines shrank significantly to 1.3 tons, with a decrease of -29.3% against the previous year's figure. Overall, exports recorded a precipitous curtailment. The smallest decline of -15.9% was in 2020.
In value terms, exports of carbides; of silicon, whether or not chemically defineds fell to $3.5K in 2022. In general, exports continue to indicate a perceptible reduction. The smallest decline of -1.8% was in 2020.
| Export of Carbides; of Silicon, Whether or Not Chemically Defined in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.6 | 3.6 | 3.5 | 3.4 | -1.9% |
| Italy | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.8 | 3.7 | 3.7 | 3.5 | -2.7% |
Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from the Philippines in 2022:
- Germany (1124.0 kg)
- Italy (173.0 kg)
- Taiwan (Chinese) (21.0 kg)
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