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

Contents:

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

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

In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $3,799 per ton, jumping by 34% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.5% 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 +98.1% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 43%. Over the period under review, average import prices reached the peak figure in 2022 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 the UK ($11,714 per ton), while the price for Austria ($2,914 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for silicon; containing by weight less than 99.99% of silica amounted to $26,785 per ton, growing by 278% against the previous year. Overall, the export price posted a significant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 483% against the previous year. As a result, the export price attained the peak level of $65,145 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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 South Korea ($47,167 per ton), while the average price for exports to the United States ($24,463 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 Cabo Verde (+74.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of silicon; containing by weight less than 99.99% of silica imported into Portugal declined remarkably to 447 tons, dropping by -71.8% compared with the previous year. Overall, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, imports reached the peak of 1.6K tons, and then reduced sharply in the following year.

In value terms, imports of silicon; containing by weight less than 99.99% of silica shrank markedly to $1.7M in 2022. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 124%. As a result, imports reached the peak of $4.5M, and then contracted dramatically in the following year.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,8521,8503,8671,036-17.6%
NetherlandsN/AN/A186415123.1%
FranceN/A1.70.2170900.0%
AustriaN/AN/A14169.2-50.9%
SwedenN/A147N/AN/A0%
Italy278N/AN/AN/A0%
Others1.23.02957.080.0%
Total2,1322,0014,4901,697-7.3%

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

  1. Spain (269.4 tons)
  2. Netherlands (97.4 tons)
  3. France (55.6 tons)
  4. Austria (23.7 tons)

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

In 2022, shipments abroad of silicon; containing by weight less than 99.99% of silica decreased by -93.4% to 144 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 458% against the previous year. As a result, the exports reached the peak of 2.7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of silicon; containing by weight less than 99.99% of silica shrank significantly to $3.9K in 2022. Overall, exports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 275% against the previous year.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.10.82.92.633.2%
South KoreaN/AN/AN/A0.60%
SwitzerlandN/AN/AN/A0.40%
AustraliaN/AN/A1.40.3-78.6%
SpainN/A2.3N/AN/A0%
ChinaN/A0.6N/AN/A0%
Cabo Verde20.6N/AN/AN/A0%
Angola0.4N/A10.4N/A409.9%
Others0.80.40.7N/A-6.5%
Total22.94.115.43.9-44.6%

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

  1. United States (108.0 kg)
  2. Switzerland (13.0 kg)
  3. South Korea (12.0 kg)
  4. Australia (11.0 kg)

Source: IndexBox Market Intelligence Platform

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