Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Qatar - 2023
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Qatar (CIF) - 2023
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Qatar
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Qatar (CIF) - 2023
The average import price for silicon; containing by weight less than 99.99% of silica stood at $2,222 per ton in October 2023, picking up by 2.8% against the previous month. Overall, the import price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in November 2022 an increase of 7% against the previous month. The import price peaked at $3,409 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Brazil ($2,858 per ton), while the price for China ($2,127 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Brazil (-1.5%), while the prices for the other major suppliers experienced a decline.
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Qatar
Imports of silicon; containing by weight less than 99.99% of silica into Qatar reduced notably to 22K tons in 2022, waning by -22.6% compared with the previous year. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +3.6% 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 increased by +36.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year. As a result, imports reached the peak of 28K tons, and then declined notably in the following year.
In value terms, imports of silicon; containing by weight less than 99.99% of silica rose modestly to $80M in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 177%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.2 | 26.8 | 72.2 | 67.1 | 25.2% |
| Brazil | 0.3 | 1.0 | 2.8 | 6.0 | 171.4% |
| Australia | N/A | N/A | 1.2 | 4.4 | 266.7% |
| Iceland | N/A | N/A | N/A | 2.9 | 0% |
| Others | 2.4 | 0.2 | 1.3 | N/A | -26.4% |
| Total | 36.9 | 27.9 | 77.4 | 80.5 | 29.7% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Qatar in 2022:
- China (17.3K tons)
- Brazil (2.8K tons)
- Australia (1.1K tons)
- Iceland (0.7K tons)
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