Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Iran - 2022

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Iran (CIF) - 2022
  2. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Iran

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

The average import price for silicon; containing by weight less than 99.99% of silica stood at $3,420 per ton in 2022, surging by 61% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicon; containing by weight less than 99.99% of silica increased by +84.8% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($4,382 per ton), while the price for India ($2,278 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of silicon; containing by weight less than 99.99% of silica into Iran contracted notably to 1.4K tons, reducing by -48.7% against the previous year. Over the period under review, imports saw a dramatic contraction. The smallest decline of -22.2% was in 2021.

In value terms, imports of silicon; containing by weight less than 99.99% of silica declined markedly to $4.7M in 2022. Overall, imports saw a sharp contraction. The smallest decline of -16.8% was in 2021.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.05.84.43.3-25.6%
United Arab Emirates0.30.20.30.732.6%
Turkey0.80.70.90.4-20.6%
IndiaN/AN/A0.10.2100.0%
Others0.20.1N/A0.1-20.6%
Total9.36.85.64.7-20.3%

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

  1. China (930.7 tons)
  2. United Arab Emirates (244.5 tons)
  3. Turkey (94.0 tons)
  4. India (75.5 tons)

Source: IndexBox Market Intelligence Platform

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