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

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in China (FOB) - 2023
  2. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in China (CIF) - 2022
  3. Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in China
  4. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in China

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

In December 2023, the average export price for silicon; containing by weight less than 99.99% of silica amounted to $2,045 per ton, therefore, remained relatively stable against the previous month. Overall, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 6.8% m-o-m. The export price peaked at $3,326 per ton in January 2023; however, from February 2023 to December 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In December 2023, the highest price was recorded for prices to the UK ($2,366 per ton) and Mexico ($2,187 per ton), while the average price for exports to Malaysia ($1,862 per ton) and Indonesia ($1,915 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-1.4%), while the prices for the other major destinations experienced a decline.

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in China (CIF) - 2022

In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $8,771 per ton, with an increase of 149% against the previous year. In general, the import price, however, saw a perceptible slump. The import price peaked at $11,506 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 Brazil ($9,513 per ton), while the price for South Korea ($2,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of silicon; containing by weight less than 99.99% of silica exported from China contracted significantly to 639K tons, with a decrease of -18% on the previous year. Overall, exports recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. As a result, the exports attained the peak of 780K tons, and then fell rapidly in the following year.

In value terms, exports of silicon; containing by weight less than 99.99% of silica reduced slightly to $2.1B in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 101%. As a result, the exports reached the peak of $2.2B, and then shrank slightly in the following year.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan29128660150420.1%
South Korea19413325127011.6%
India82.393.215919934.2%
United Arab Emirates91.746.117719428.4%
Thailand88.896.620015620.7%
Malaysia67.697.316912823.7%
Netherlands49.144.185.911532.8%
Mexico43.037.952.379.322.6%
Bahrain30.117.062.275.736.0%
Qatar30.833.168.154.020.6%
Indonesia29.224.954.746.716.9%
Turkey18.921.733.634.922.7%
Taiwan (Chinese)15.421.240.834.030.2%
Others17116227825313.9%
Total1,2041,1132,2322,14421.2%

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

  1. Japan (143.6K tons)
  2. South Korea (81.8K tons)
  3. India (58.4K tons)
  4. United Arab Emirates (57.6K tons)
  5. Thailand (48.2K tons)
  6. Malaysia (38.2K tons)
  7. Netherlands (36.0K tons)
  8. Mexico (25.0K tons)
  9. Bahrain (21.0K tons)
  10. Qatar (17.5K tons)
  11. Indonesia (14.7K tons)
  12. Turkey (10.2K tons)
  13. Taiwan (Chinese) (10.2K tons)

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

In 2022, imports of silicon; containing by weight less than 99.99% of silica into China soared to 13K tons, growing by 231% on the previous year. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 714% 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.

In value terms, imports of silicon; containing by weight less than 99.99% of silica surged to $111M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,094% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/A0.1107106900.0%
ThailandN/AN/A5.63.7-33.9%
South Korea0.80.41.4N/A32.3%
Democratic People's Republic of Korea0.70.1N/AN/A-85.7%
Taiwan (Chinese)0.5N/A1.5N/A73.2%
Others0.90.65.00.7-8.0%
Total2.81.113.5111241.0%

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

  1. Brazil (11.2K tons)
  2. Thailand (1.2K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
China - Silicon - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 821

This report provides an in-depth analysis of the silicon market in China.

China - Argon - Market Analysis, Forecast, Size, Trends And Insights
$599
May 17, 2024
Eye 695

This report provides an in-depth analysis of the argon market in China.

China - Arsenic - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 510

This report provides an in-depth analysis of the arsenic market in China.

China - Boron And Tellurium - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 334

This report provides an in-depth analysis of the boron and tellurium market in China.

China - Hydrogen - Market Analysis, Forecast, Size, Trends And Insights
$599
May 17, 2024
Eye 885

This report provides an in-depth analysis of the hydrogen market in China.

China - Nitrogen - Market Analysis, Forecast, Size, Trends And Insights
$599
May 16, 2024
Eye 454

This report provides an in-depth analysis of the nitrogen market in China.

China - Oxygen - Market Analysis, Forecast, Size, Trends And Insights
$599
May 17, 2024
Eye 656

This report provides an in-depth analysis of the oxygen market in China.

China - Phosphorus, Arsenic And Selenium - Market Analysis, Forecast, Size, Trends And Insights
$599
May 14, 2024
Eye 411

This report provides an in-depth analysis of the market for phosphorus, arsenic and selenium in China.

China - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 17, 2024
Eye 391

This report provides an in-depth analysis of the rare gases market in China.

World - Silicon - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 1864

This report provides an in-depth analysis of the global silicon market.

China Sees Modest Growth in Silicon Exports, Reaching $159M in June 2023.
Nov 1, 2023
Eye 209

In November 2022, the growth pace of Silicon was the most rapid, experiencing a remarkable 26% increase compared to the previous month. Moreover, in the month of June 2023, the value of Silicon exports skyrocketed, reaching an impressive $159M.

China's June 2023 Arsenic Export Plummeted to $526K
Jul 28, 2023
Eye 368

In terms of value, exports of Arsenic decreased significantly to $526K in June 2023.

China's September 2023 Import of Rare Gases Hits $28M Low
Dec 22, 2023
Eye 196

Imports of Rare Gases reached a record high of 2.4 million cubic meters in April 2023, but decreased to a lower figure from May to September of the same year. In terms of value, rare gases imports significantly contracted to $28 million in September 2023.

China's Rare Gases Import Rises Rapidly to $59M in April 2023
Jul 9, 2023
Eye 267

In value terms, rare gases imports surged to $59M in April 2023.

Top Import Markets for Silicon
Nov 17, 2023
Eye 432

Explore the world's best import markets for silicon with detailed statistics and data from IndexBox platform. Discover the top countries, their import values, and the factors driving the demand for silicon in these markets.

Global Silicon Market Resumes Growth, Totalling $10B Last Year
Apr 26, 2022
Eye 709

In 2021, the global silicon market picked up 4.1% to $10.2B, resuming growth after a 2020's slump. 

Argon Import Giants: Unveiling Key Players and Expanding Demand Across Industries
Oct 5, 2023
Eye 287

Discover the top importers of Argon in the global market, including Indonesia, Italy, the United States, France, and Poland. Learn about their industrial sectors and the growing demand for Argon in manufacturing, construction, and research activities. Get valuable insights from the IndexBox market intelligence platform to navigate the complexities and capture opportunities in the Argon import market.

Arsenic Market - World Arsenic Supplies Fell Again, Displaying Wide Fluctuations
Nov 7, 2016
Eye 1771

The global supplies of arsenic amounted to X million USD in 2015, exhibiting wild fluctuations over the period under review. Exports of arsenic saw a decline in 2008, which continued into 2009, followed by a spike in 2010.

Global Hydrogen Market to Struggle Against Turbulence Caused by the Pandemic
Aug 25, 2020
Eye 584

The global hydrogen market rose modestly to $22.7B in 2019, growing by 4.6% against the previous year. This figure...

When the World Overcomes the Pandemic-Driven Oxygen Shortages, Decarbonation May Emerge as a New Market Driver
Jul 21, 2021
Eye 1228

New waves of the epidemic and the overwhelming demand for oxygen in the healthcare sector have led to a scarcity of the product worldwide. Countries with severe shortages are diverting oxygen from the sectors of metallurgy and chemistry to healthcare, which reduces the productivity of the manufacturing industries. As the pandemic slows, the demand for medical oxygen will return to pre-crisis levels. In the post-pandemic period, the growing demand from the metallurgical and chemical industries will continue to shape market expansion. Decarbonization may emerge as a new market driver, with oxygen being used to produce synthesis gas from carbon dioxide. 

Free Data: Silicon; containing by weight less than 99.99% of silicon - China