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

Contents:

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

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

In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $20,373 per ton, growing by 39% against the previous year. Over the period under review, the import price, however, saw a perceptible curtailment. The growth pace was the most rapid in 2018 an increase of 53% against the previous year. As a result, import price attained the peak level of $44,590 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 Denmark ($317,569 per ton), while the price for Germany ($9,902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.7%), 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 Italy (FOB) - 2022

In 2022, the average export price for silicon; containing by weight not less than 99.99% of silica amounted to $52,645 per ton, jumping by 21% against the previous year. Over the period under review, the export price, however, saw a deep setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices hit record highs at $165,372 per ton in 2013; however, from 2014 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 Malaysia ($130,733 per ton), while the average price for exports to China ($19,917 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 Hong Kong SAR (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Italy

In 2022, imports of silicon; containing by weight not less than 99.99% of silica into Italy surged to 2.5K tons, jumping by 170% compared with the previous year. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 283%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica skyrocketed to $52M in 2022. Overall, imports saw a significant increase. As a result, imports attained 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 Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.31.48.123.6117.3%
Denmark0.20.30.122.1379.9%
South Korea2.92.93.24.414.9%
Japan9.30.5N/AN/A-94.6%
Others1.50.92.31.74.3%
Total16.26.013.851.847.3%

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

  1. Germany (2382.1 tons)
  2. Denmark (69.5 tons)
  3. South Korea (38.4 tons)
  4. Japan (1.0 tons)

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

Exports of silicon; containing by weight not less than 99.99% of silica from Italy shrank notably to 756 tons in 2022, which is down by -20% against the previous year. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 200% against the previous year. As a result, the exports attained the peak of 945 tons, and then shrank notably in the following year.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica shrank to $40M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, the exports reached the peak of $41M, and then dropped slightly in the following year.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia21.422.822.418.3-5.1%
Taiwan (Chinese)1.13.18.211.4118.0%
China2.21.67.87.751.8%
South Korea0.51.01.21.337.5%
Hong Kong SAR0.1N/A0.11.0115.4%
Others0.10.21.20.10.0%
Total25.328.641.039.816.3%

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

  1. China (385.5 tons)
  2. Taiwan (Chinese) (179.8 tons)
  3. Malaysia (140.0 tons)
  4. Hong Kong SAR (36.0 tons)
  5. South Korea (11.8 tons)

Source: IndexBox Market Intelligence Platform

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