Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada - 2023
Contents:
- Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada (CIF) - 2023
- Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada (FOB) - 2022
- Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada
- Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada
Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada (CIF) - 2023
The average import price for silicon; containing by weight not less than 99.99% of silica stood at $140K per ton in December 2023, surging by 39% against the previous month. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 483% m-o-m. Over the period under review, average import prices hit record highs in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($365K per ton), while the price for China ($98,653 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada (FOB) - 2022
In 2022, the average export price for silicon; containing by weight not less than 99.99% of silica amounted to $3,933 per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 66%. Over the period under review, the average export prices hit record highs at $4,617 per ton in 2014; however, from 2015 to 2022, the 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 the United States ($4,311 per ton), while the average price for exports to India ($1,042 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 the United States (+2.6%), while the prices for the other major destinations experienced a decline.
Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada
In 2022, supplies from abroad of silicon; containing by weight not less than 99.99% of silica decreased by -14.8% to 7 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of 8.2 tons, and then declined in the following year.
In value terms, imports of silicon; containing by weight not less than 99.99% of silica surged to $208K in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 159 | 120 | 104 | 168 | 1.9% |
| China | 30.6 | 27.9 | 72.3 | 24.6 | -7.0% |
| Thailand | N/A | N/A | N/A | 14.8 | 0% |
| Others | 4.4 | 8.2 | 1.0 | 0.1 | -71.7% |
| Total | 194 | 156 | 177 | 208 | 2.3% |
Top Suppliers of Silicon; Containing by Weight Not Less than 99.99% of Silicon to Canada in 2022:
- United States (5.1 tons)
- China (1.1 tons)
- Thailand (0.7 tons)
Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada
In 2022, approx. 49 tons of silicon; containing by weight not less than 99.99% of silica were exported from Canada; rising by 588% compared with the previous year's figure. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of silicon; containing by weight not less than 99.99% of silica skyrocketed to $194K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.9 | 40.4 | 27.3 | 188 | 301.7% |
| India | N/A | N/A | N/A | 3.4 | 0% |
| Mexico | N/A | 0.9 | 0.3 | 0.8 | -5.7% |
| Australia | N/A | 5.3 | N/A | 0.5 | -69.3% |
| Switzerland | N/A | 4.2 | N/A | N/A | 0% |
| Sweden | 1.8 | N/A | N/A | N/A | 0% |
| France | 2.0 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.8 | 1.0 | 1.2 | 6.3% |
| Total | 7.7 | 51.6 | 28.6 | 194 | 193.2% |
Top Export Markets for Silicon; Containing by Weight Not Less than 99.99% of Silicon from Canada in 2022:
- United States (43.7 tons)
- India (3.3 tons)
- Mexico (0.8 tons)
- Australia (0.5 tons)
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