Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Myanmar - 2022

Contents:

  1. Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Myanmar (CIF) - 2022
  2. Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Myanmar

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

In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $2,415 per ton, with a decrease of -55.2% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 39%. The import price peaked at $5,881 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +9.6% per year.

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

In 2022, approx. 207 kg of silicon; containing by weight not less than 99.99% of silica were imported into Myanmar; with a decrease of -97.6% on 2021. Overall, imports faced a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 889%. As a result, imports attained the peak of 8.8 tons, and then fell dramatically in the following year.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica declined dramatically to $500 in 2022. Over the period under review, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 1,223%. As a result, imports attained the peak of $47K, and then contracted notably in the following year.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A0.50%
China3.43.647.1N/A272.2%
OthersN/AN/A0.3N/A0%
Total3.43.647.40.5-47.2%

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

  1. Thailand (207.0 kg)

Source: IndexBox Market Intelligence Platform

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