Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in India - 2023

Contents:

  1. Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in India (CIF) - 2022
  2. Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in India (FOB) - 2022
  3. Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in India
  4. Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in India

Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in India (CIF) - 2022

In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $8,694 per ton, with an increase of 118% against the previous year. In general, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 148% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,748 per ton), while the price for Germany amounted to $4,065 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in India (FOB) - 2022

In 2022, the average export price for silicon; containing by weight not less than 99.99% of silica amounted to $2,465 per ton, shrinking by -3.2% against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 221%. The export price peaked at $7,101 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($5,731 per ton), while the average price for exports to Nepal ($1,304 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 Tanzania (+11.6%), 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 India

In 2022, purchases abroad of silicon; containing by weight not less than 99.99% of silica decreased by -23.3% to 21 tons, falling for the second year in a row after two years of growth. In general, imports showed a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 373%. As a result, imports attained the peak of 603 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica skyrocketed to $184K in 2022. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 175%. As a result, imports attained the peak of $970K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.312.37.5179151.1%
Germany0.40.798.21.762.0%
Hong Kong SARN/A655N/AN/A0%
JapanN/A84.3N/AN/A0%
China144161N/AN/A11.8%
Singapore19353.9N/AN/A-72.1%
Others3.73.34.13.5-1.8%
Total353970110184-19.5%

Top Suppliers of Silicon; Containing by Weight Not Less than 99.99% of Silicon to India in 2022:

  1. United States (20.4 tons)
  2. Germany (0.4 tons)

Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in India

In 2022, approx. 62 tons of silicon; containing by weight not less than 99.99% of silica were exported from India; jumping by 280% compared with the previous year's figure. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 375% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica soared to $153K in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 490% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.1N/AN/A51.6702.1%
NepalN/AN/AN/A49.40%
SenegalN/AN/AN/A19.90%
TogoN/AN/AN/A18.10%
Tanzania6.2N/A19.812.125.0%
KenyaN/A1.9N/A0.8-35.1%
MozambiqueN/AN/A20.6N/A0%
Others4.75.21.41.3-34.8%
Total11.07.141.7153140.5%

Top Export Markets for Silicon; Containing by Weight Not Less than 99.99% of Silicon from India in 2022:

  1. Nepal (37.9 tons)
  2. United Arab Emirates (9.0 tons)
  3. Tanzania (5.0 tons)
  4. Togo (5.0 tons)
  5. Senegal (5.0 tons)
  6. Kenya (0.2 tons)

Source: IndexBox Market Intelligence Platform

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