Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam - 2022
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam (CIF) - 2022
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam (FOB) - 2022
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam
- Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam (CIF) - 2022
In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $3,249 per ton, growing by 39% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 +79.1% against 2018 indices. As a result, import price reached the peak level 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 Australia ($3,266 per ton), while the price for Hong Kong SAR ($1,922 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), 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 Vietnam (FOB) - 2022
The average export price for silicon; containing by weight less than 99.99% of silica stood at $1,473 per ton in 2022, dropping by -19.1% against the previous year. In general, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2015 an increase of 9.8% against the previous year. As a result, the export price reached the peak level of $2,615 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,783 per ton), while the average price for exports to Taiwan (Chinese) ($842 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 Germany (+27.2%), while the prices for the other major destinations experienced a decline.
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam
In 2022, overseas purchases of silicon; containing by weight less than 99.99% of silica decreased by -16% to 9.3K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 29%.
In value terms, imports of silicon; containing by weight less than 99.99% of silica soared to $30M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.5 | 16.1 | 24.8 | 28.7 | 31.9% |
Australia | N/A | 0.1 | 0.6 | 1.1 | 231.7% |
Others | 0.6 | 0.5 | 0.4 | 0.3 | -20.6% |
Total | 13.1 | 16.7 | 25.7 | 30.1 | 32.0% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Vietnam in 2022:
- China (8.8K tons)
- Australia (0.3K tons)
Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam
In 2022, after three years of growth, there was significant decline in overseas shipments of silicon; containing by weight less than 99.99% of silica, when their volume decreased by -47.1% to 75 tons. In general, exports, however, showed prominent growth. The growth pace was the most rapid in 2021 when exports increased by 92%. As a result, the exports attained the peak of 142 tons, and then dropped remarkably in the following year.
In value terms, exports of silicon; containing by weight less than 99.99% of silica shrank significantly to $110K in 2022. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, the exports reached the peak of $258K, and then plummeted in the following year.
Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 41.9 | 59.9 | 153 | 50.7 | 6.6% |
Iceland | N/A | N/A | N/A | 19.6 | 0% |
Indonesia | 10.8 | 18.2 | 34.2 | 11.3 | 1.5% |
Lao People's Democratic Republic | 3.0 | 4.5 | 25.9 | 8.6 | 42.1% |
China | 4.1 | 5.6 | 6.9 | 6.5 | 16.6% |
Hong Kong SAR | 12.8 | 13.6 | 12.8 | 3.4 | -35.7% |
Taiwan (Chinese) | 8.2 | 15.6 | 13.2 | 2.6 | -31.8% |
Others | 10.9 | 12.2 | 12.1 | 7.5 | -11.7% |
Total | 91.8 | 129 | 258 | 110 | 6.2% |
Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Vietnam in 2022:
- United States (27.3 tons)
- Iceland (18.2 tons)
- Indonesia (8.2 tons)
- Lao People's Democratic Republic (7.7 tons)
- China (4.6 tons)
- Taiwan (Chinese) (3.1 tons)
- Hong Kong SAR (2.3 tons)
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