Price for Carbides; of Silicon, Whether or Not Chemically Defined in the United Arab Emirates - 2022

Contents:

1. Price for Carbides; of Silicon, Whether or Not Chemically Defined in the United Arab Emirates (CIF) - 2022
2. Price for Carbides; of Silicon, Whether or Not Chemically Defined in the United Arab Emirates (FOB) - 2022
3. Imports of Carbides; of Silicon, Whether or Not Chemically Defined in the United Arab Emirates
4. Exports of Carbides; of Silicon, Whether or Not Chemically Defined in the United Arab Emirates

Price for Carbides; of Silicon, Whether or Not Chemically Defined in the United Arab Emirates (CIF) - 2022

The average import price for carbides; of silicon, whether or not chemically defineds stood at $1,565 per ton in 2022, jumping by 49% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained 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 Norway ($1,681 per ton), while the price for Bahrain ($89 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Carbides; of Silicon, Whether or Not Chemically Defined in the United Arab Emirates (FOB) - 2022

The average export price for carbides; of silicon, whether or not chemically defineds stood at $2,391 per ton in 2022, surging by 65% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2017 an increase of 84%. Over the period under review, the average export prices reached the peak figure at $3,926 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($2,429 per ton), while the average price for exports to Poland amounted to $2,412 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Carbides; of Silicon, Whether or Not Chemically Defined in the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in overseas purchases of carbides; of silicon, whether or not chemically defineds, which increased by 10% to 2.3K tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of carbides; of silicon, whether or not chemically defineds surged to $3.6M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to the United Arab Emirates in 2022:

1. China (1388.3 tons)
2. Vietnam (749.8 tons)
3. Bahrain (72.0 tons)
4. Brazil (50.8 tons)
5. Norway (48.5 tons)

Exports of Carbides; of Silicon, Whether or Not Chemically Defined in the United Arab Emirates

In 2022, approx. 227 tons of carbides; of silicon, whether or not chemically defineds were exported from the United Arab Emirates; waning by -51.5% against the previous year. Over the period under review, exports faced a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 32%. As a result, the exports reached the peak of 468 tons, and then shrank rapidly in the following year.

In value terms, exports of carbides; of silicon, whether or not chemically defineds dropped notably to $543K in 2022. In general, exports recorded a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of $679K, and then contracted sharply in the following year.

Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from the United Arab Emirates in 2022:

1. Poland (181.8 tons)
2. Belgium (38.4 tons)

Source: IndexBox Market Intelligence Platform