Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Hong Kong SAR - 2023

Contents:

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

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

The average export price for silicon; containing by weight less than 99.99% of silica stood at $2,942 per ton in 2022, dropping by -40.4% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by 144%. The export price peaked at $10,144 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($14,334 per ton), while the average price for exports to Brazil ($2,476 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 Mexico (+45.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $4,068 per ton, surging by 83% against the previous year. In general, the import price, however, continues to indicate a deep setback. The import price peaked at $8,688 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 Japan ($6,344 per ton), while the price for Thailand amounted to $2,285 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Hong Kong SAR

Exports of silicon; containing by weight less than 99.99% of silica from Hong Kong SAR shrank markedly to 108 tons in 2022, with a decrease of -85.6% on the previous year's figure. In general, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 5,318%. As a result, the exports attained the peak of 752 tons, and then dropped markedly in the following year.

In value terms, exports of silicon; containing by weight less than 99.99% of silica plummeted to $319K in 2022. Over the period under review, exports showed a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 3,976% against the previous year. As a result, the exports attained the peak of $3.7M, and then shrank significantly in the following year.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,07670.82,194145-58.8%
BrazilN/AN/AN/A1240%
Taiwan (Chinese)N/AN/AN/A42.30%
South KoreaN/AN/A139N/A0%
United Arab Emirates455N/AN/AN/A0%
SingaporeN/AN/A1,318N/A0%
Others34.420.262.37.5-39.8%
Total2,56691.13,713319-50.1%

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

  1. China (54.6 tons)
  2. Brazil (50.0 tons)
  3. Taiwan (Chinese) (3.0 tons)

Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Hong Kong SAR

In 2022, imports of silicon; containing by weight less than 99.99% of silica into Hong Kong SAR shrank remarkably to 13 tons, declining by -99.4% against the previous year. Overall, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 47,828% against the previous year. As a result, imports attained the peak of 2.2K tons, and then shrank significantly in the following year.

In value terms, imports of silicon; containing by weight less than 99.99% of silica contracted significantly to $53K in 2022. Over the period under review, imports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 38,320% against the previous year. As a result, imports reached the peak of $4.9M, and then shrank sharply in the following year.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan6.06.546.436.181.9%
ThailandN/AN/AN/A16.60%
South Korea129N/AN/AN/A0%
China93.26.23,432N/A506.8%
Singapore14.5N/A1,423N/A890.6%
Others60.0N/AN/AN/A0%
Total30312.84,90252.7-44.2%

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

  1. Thailand (7.3 tons)
  2. Japan (5.7 tons)

Source: IndexBox Market Intelligence Platform

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