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

Contents:

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

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

In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $4,159 per ton, increasing by 78% against the previous year. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 87% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +23.2% per year.

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

The average export price for silicon; containing by weight less than 99.99% of silica stood at $2,290 per ton in 2022, standing approx. at the previous year. Overall, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,793 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($5,034 per ton), while the average price for exports to Germany ($2,046 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 France (+21.0%), while the prices for the other major destinations experienced a decline.

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

Imports of silicon; containing by weight less than 99.99% of silica into Denmark contracted dramatically to 2.9K tons in 2022, falling by -23.9% against the previous year's figure. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 191% against the previous year. As a result, imports attained the peak of 3.8K tons, and then fell rapidly in the following year.

In value terms, imports of silicon; containing by weight less than 99.99% of silica skyrocketed to $12M in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 213%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2.92.88.812.060.5%
Others0.1N/A0.1N/A0.0%
Total3.02.88.912.159.2%

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

  1. Norway (2.9K tons)

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

In 2022, approx. 5K tons of silicon; containing by weight less than 99.99% of silica were exported from Denmark; picking up by 35% against the previous year's figure. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 178% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of silicon; containing by weight less than 99.99% of silica skyrocketed to $11M in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 200% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.90.95.18.564.8%
ItalyN/A1.01.71.626.5%
BelgiumN/A0.20.40.8100.0%
France0.70.70.20.2-34.1%
Spain0.4N/A0.50.2-20.6%
AustriaN/A0.10.5N/A400.0%
OthersN/AN/AN/A0.10%
Total3.12.88.511.454.4%

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

  1. Germany (4161.5 tons)
  2. Italy (450.2 tons)
  3. Belgium (238.8 tons)
  4. Spain (67.2 tons)
  5. France (48.0 tons)

Source: IndexBox Market Intelligence Platform

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