Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela - 2022
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela (CIF) - 2022
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela (FOB) - 2022
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela
- Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela (CIF) - 2022
The average import price for silicon; containing by weight less than 99.99% of silica stood at $3,235 per ton in 2022, surging by 34% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($21,946 per ton), while the price for the United States ($849 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), 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 Venezuela (FOB) - 2022
The average export price for silicon; containing by weight less than 99.99% of silica stood at $2,821 per ton in 2022, jumping by 21% against the previous year. In general, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 30%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($44,507 per ton), while the average price for exports to the United States stood at $840 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+37.2%).
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela
In 2022, purchases abroad of silicon; containing by weight less than 99.99% of silica increased by 186% to 95 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a measured increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of silicon; containing by weight less than 99.99% of silica soared to $307K in 2022. Overall, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 63.6 | 39.4 | 14.4 | 139 | 29.8% |
| Germany | 70.2 | 60.5 | 40.5 | 108 | 15.4% |
| Netherlands | 24.7 | 20.0 | 12.6 | 31.5 | 8.4% |
| United States | 17.5 | 12.7 | 7.2 | 16.2 | -2.5% |
| Brazil | 9.1 | 6.3 | 3.4 | 7.4 | -6.7% |
| Others | 4.7 | 3.5 | 2.0 | 4.7 | 0.0% |
| Total | 190 | 142 | 80.2 | 307 | 17.3% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Venezuela in 2022:
- China (57.9 tons)
- United States (19.1 tons)
- Brazil (6.4 tons)
- Germany (4.9 tons)
- Netherlands (4.6 tons)
Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela
In 2022, approx. 8 tons of silicon; containing by weight less than 99.99% of silica were exported from Venezuela; which is down by -21% against the previous year's figure. In general, exports faced a dramatic curtailment. The smallest decline of -20.5% was in 2020.
In value terms, exports of silicon; containing by weight less than 99.99% of silica contracted to $23K in 2022. Over the period under review, exports continue to indicate a noticeable reduction. The smallest decline of -2.1% was in 2020.
| Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 14.8 | 15.5 | 16.2 | 16.2 | 3.1% |
| United States | 9.9 | 8.7 | 7.5 | 6.5 | -13.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.7 | 24.2 | 23.7 | 22.7 | -2.8% |
Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Venezuela in 2022:
- United States (7.7 tons)
- Colombia (0.4 tons)
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