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

Contents:

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

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

The average import price for silicon; containing by weight less than 99.99% of silica stood at $3,370 per ton in 2022, jumping by 19% against the previous year. In general, the import price showed a measured increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($9,946 per ton), while the price for Germany ($1,279 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+23.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for silicon; containing by weight less than 99.99% of silica amounted to $12,847 per ton, which is down by -4.1% against the previous year. Over the period under review, the export price, however, posted a notable expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 288% against the previous year. As a result, the export price reached the peak level of $13,401 per ton, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($13,319 per ton), while the average price for exports to Switzerland ($2,500 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 (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of silicon; containing by weight less than 99.99% of silica imported into Finland skyrocketed to 3K tons, increasing by 47% compared with the previous year. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of silicon; containing by weight less than 99.99% of silica soared to $10M in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.93.25.25.926.7%
Sweden0.1N/A0.23.2217.5%
SlovakiaN/AN/AN/A0.50%
AustriaN/AN/AN/A0.30%
Germany0.10.10.10.10.0%
Others0.30.20.2N/A-18.4%
Total3.33.55.810.145.2%

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

  1. Sweden (1464.2 tons)
  2. Netherlands (1318.3 tons)
  3. Germany (113.0 tons)
  4. Slovakia (48.9 tons)
  5. Austria (48.5 tons)

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

In 2022, shipments abroad of silicon; containing by weight less than 99.99% of silica decreased by -97.3% to 170 kg, falling for the second consecutive year after two years of growth. Overall, exports saw a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 613% against the previous year. As a result, the exports reached the peak of 62 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of silicon; containing by weight less than 99.99% of silica fell markedly to $2.2K in 2022. Over the period under review, exports showed a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 173%. As a result, the exports reached the peak of $214K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.22.34.52.1-1.5%
Russia76.380.380.5N/A2.7%
NorwayN/A81.4N/AN/A0%
SwitzerlandN/AN/AN/AN/A0%
United KingdomN/AN/AN/AN/A0%
NetherlandsN/A50.0N/AN/A0%
OthersN/A0.10.6N/A500.0%
Total78.521485.72.2-69.6%

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

  1. Germany (160.0 kg)
  2. Switzerland (4.0 kg)
  3. United Kingdom (4.0 kg)

Source: IndexBox Market Intelligence Platform

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