Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa - 2024
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa (CIF) - 2024
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa (FOB) - 2024
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa
- Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa (CIF) - 2024
In January 2024, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $2,643 per ton, waning by -16.5% against the previous month. Over the period under review, the import price recorded a dramatic slump. The most prominent rate of growth was recorded in September 2023 an increase of 19% month-to-month. Over the period under review, average import prices hit record highs at $41,222 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -2.0% per month.
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa (FOB) - 2024
The average export price for silicon; containing by weight less than 99.99% of silica stood at $3,062 per ton in January 2024, declining by -35.8% against the previous month. Over the period under review, the export price showed a deep slump. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 141% month-to-month. As a result, the export price attained the peak level of $9,487 per ton. From August 2023 to January 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($3,185 per ton), while the average price for exports to Mozambique ($1,140 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa
In 2022, imports of silicon; containing by weight less than 99.99% of silica into South Africa surged to 2.4K tons, with an increase of 30% compared with 2021 figures. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 153% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of silicon; containing by weight less than 99.99% of silica soared to $8.5M in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 232% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,263 | 820 | 3,399 | 7,724 | 82.9% |
| France | 40.2 | 51.4 | N/A | 218 | 75.7% |
| Norway | 50.9 | 16.0 | 91.0 | 163 | 47.4% |
| Seychelles | N/A | N/A | N/A | 150 | 0% |
| Netherlands | 338 | 24.7 | N/A | 14.3 | -65.2% |
| Lao People's Democratic Republic | N/A | 32.1 | N/A | N/A | 0% |
| Bahrain | N/A | N/A | 624 | N/A | 0% |
| Others | 330 | 341 | 158 | 236 | -10.6% |
| Total | 2,021 | 1,285 | 4,271 | 8,506 | 61.5% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to South Africa in 2022:
- China (2158.1 tons)
- Norway (74.0 tons)
- Seychelles (52.0 tons)
- France (42.9 tons)
- Netherlands (6.0 tons)
Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa
In 2022, the amount of silicon; containing by weight less than 99.99% of silica exported from South Africa declined significantly to 307 tons, shrinking by -37.4% against the year before. Over the period under review, exports continue to indicate a precipitous decline.
In value terms, exports of silicon; containing by weight less than 99.99% of silica shrank notably to $709K in 2022. In general, exports recorded a sharp decrease.
| Export of Silicon; Containing by Weight Less than 99.99% of Silicon in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Netherlands | 5.8 | 0.8 | 0.2 | 0.1 | -74.2% |
| United States | 1.4 | N/A | 0.2 | 0.1 | -58.5% |
| Lesotho | N/A | N/A | N/A | 0.1 | 0% |
| Mozambique | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Spain | 0.7 | 0.2 | N/A | N/A | -71.4% |
| Germany | 12.6 | 1.2 | 0.1 | N/A | -91.1% |
| Namibia | N/A | N/A | N/A | N/A | 0% |
| India | 2.4 | 0.4 | N/A | N/A | -83.3% |
| Japan | 2.4 | N/A | 0.8 | N/A | -42.3% |
| Italy | 21.2 | 1.1 | N/A | N/A | -94.8% |
| Mauritius | N/A | N/A | N/A | N/A | 0% |
| Canada | 1.6 | N/A | N/A | N/A | 0% |
| Others | 5.0 | 1.9 | 0.3 | N/A | -75.5% |
| Total | 53.2 | 5.7 | 1.8 | 0.7 | -76.4% |
Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from South Africa in 2022:
- Swaziland (105.0 tons)
- Mozambique (82.6 tons)
- Lesotho (43.6 tons)
- Netherlands (29.9 tons)
- United States (25.0 tons)
- Namibia (10.6 tons)
- Mauritius (4.9 tons)
- Japan (2.7 tons)
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