Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Saudi Arabia - 2022
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Saudi Arabia (FOB) - 2022
- Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Saudi Arabia
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Saudi Arabia (FOB) - 2022
The average export price for silicon; containing by weight less than 99.99% of silica stood at $2,164 per ton in 2021, with a decrease of -43% against the previous year. Over the period under review, the export price, however, posted moderate growth. The growth pace was the most rapid in 2015 when the average export price increased by 34%. Over the period under review, the average export prices attained the maximum at $3,796 per ton in 2020, and then dropped notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($11,167 per ton), while the average price for exports to Bahrain ($2,350 per ton) was amongst the lowest.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+172.9%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Saudi Arabia
In 2022, after three years of growth, there was significant decline in shipments abroad of silicon; containing by weight less than 99.99% of silica, when their volume decreased by -42% to 77 tons. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 795% against the previous year. As a result, the exports attained the peak of 132 tons, and then contracted notably in the following year.
In value terms, exports of silicon; containing by weight less than 99.99% of silica dropped significantly to $211K in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 410%. As a result, the exports attained the peak of $286K, and then dropped significantly in the following year.
| Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Bahrain | 6.8 | 3.3 | 235 | 487.9% | |
| United Arab Emirates | 9.8 | 31.9 | 48.7 | 122.9% | |
| Kuwait | 196 | 76.6 | 2.0 | -89.9% | |
| Others | -182.6 | -55.8 | N/A | -69.4% | |
| Total | 30.2 | 56.0 | 286 | 207.7% | |
Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Saudi Arabia in 2022:
- Bahrain (100.0 tons)
- United Arab Emirates (10.7 tons)
- Kuwait (0.2 tons)
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