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

Contents:

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

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

The average import price for silicon; containing by weight less than 99.99% of silica stood at $1,634 per ton in 2022, approximately equating the previous year. In general, the import price showed a noticeable decline. The pace of growth was the most pronounced in 2018 an increase of 8.5% against the previous year. The import price peaked at $2,260 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Italy ($1,979 per ton), while the price for Turkey amounted to $976 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.5%).

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

In 2022, the average export price for silicon; containing by weight less than 99.99% of silica amounted to $1,926 per ton, with an increase of 6.9% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 157%. The export price peaked at $2,041 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2015 to 2022, the rate of growth in terms of prices for India amounted to +6.9% per year.

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

In 2022, supplies from abroad of silicon; containing by weight less than 99.99% of silica decreased by -19.1% to 10 tons, falling for the second year in a row after two years of growth. In general, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 70%. As a result, imports reached the peak of 16 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of silicon; containing by weight less than 99.99% of silica contracted markedly to $17K in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -36.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 63%. As a result, imports attained the peak of $27K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.14.216.713.618.9%
Turkey8.31.34.73.5-25.0%
IndiaN/A21.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.426.721.417.11.4%

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

  1. Italy (6.9 tons)
  2. Turkey (3.6 tons)

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

In 2022, overseas shipments of silicon; containing by weight less than 99.99% of silica decreased by -44% to 8.4 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 112% against the previous year. As a result, the exports reached the peak of 15 tons, and then plummeted in the following year.

In value terms, exports of silicon; containing by weight less than 99.99% of silica fell notably to $16K in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 446% against the previous year. As a result, the exports reached the peak of $27K, and then shrank sharply in the following year.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Libya (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
IndiaN/A27.016.2-40.0%
Turkey4.9N/AN/A0%
OthersN/AN/AN/A0%
Total4.927.016.281.8%

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

  1. India (8.4 tons)

Source: IndexBox Market Intelligence Platform

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