Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Canada - 2023

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Canada (FOB) - 2023
  2. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Canada (CIF) - 2023
  3. Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Canada
  4. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Canada

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Canada (FOB) - 2023

The average export price for silicon; containing by weight less than 99.99% of silica stood at $3,388 per ton in December 2023, with a decrease of -7.4% against the previous month. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 13% month-to-month. As a result, the export price reached the peak level of $5,244 per ton. From February 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In December 2023, the country with the highest price was the Netherlands ($3,775 per ton), while the average price for exports to the United States stood at $3,278 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.4%), while the prices for the other major destinations experienced a decline.

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Canada (CIF) - 2023

The average import price for silicon; containing by weight less than 99.99% of silica stood at $2,555 per ton in December 2023, dropping by -2.4% against the previous month. Overall, the import price showed a noticeable curtailment. The growth pace was the most rapid in January 2023 an increase of 61% against the previous month. As a result, import price attained the peak level of $6,260 per ton. From February 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Malaysia ($2,952 per ton) and the Netherlands ($2,914 per ton), while the price for Brazil ($2,454 per ton) and the United States ($2,458 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+0.4%), while the prices for the other major suppliers experienced a decline.

Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Canada

Exports of silicon; containing by weight less than 99.99% of silica from Canada soared to 94K tons in 2022, jumping by 220% against 2021 figures. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of silicon; containing by weight less than 99.99% of silica skyrocketed to $225M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States78.651.465.819735.8%
FranceN/A0.8N/A17.7370.4%
United Arab EmiratesN/AN/AN/A6.10%
Others0.70.53.93.875.7%
Total79.352.769.722541.6%

Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Canada in 2022:

  1. United States (80.6K tons)
  2. France (7.7K tons)
  3. United Arab Emirates (4.7K tons)

Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Canada

Imports of silicon; containing by weight less than 99.99% of silica into Canada skyrocketed to 32K tons in 2022, increasing by 49% against 2021 figures. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 134% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of silicon; containing by weight less than 99.99% of silica surged to $69M in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 188%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil16.514.327.147.842.6%
Australia6.8N/A7.96.80.0%
MalaysiaN/A1.25.86.8138.0%
Bosnia and HerzegovinaN/A0.23.25.3414.8%
Thailand9.60.30.30.4-65.3%
South Africa2.80.50.6N/A-53.7%
Others4.10.84.81.8-24.0%
Total39.917.249.569.020.0%

Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Canada in 2022:

  1. Brazil (22.8K tons)
  2. Malaysia (4.3K tons)
  3. Australia (2.3K tons)
  4. Bosnia and Herzegovina (2.2K tons)
  5. Thailand (0.2K tons)

Source: IndexBox Market Intelligence Platform

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