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

Contents:

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

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

The average import price for silicon; containing by weight not less than 99.99% of silica stood at $3,586 per ton in 2022, declining by -6.3% against the previous year. Over the period under review, the import price, however, recorded a moderate expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the maximum at $3,828 per ton in 2021, and then reduced in the following year.

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 Germany ($19,619 per ton), while the price for the United Arab Emirates ($1,428 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of silicon; containing by weight not less than 99.99% of silica decreased by -36.3% to 44 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 500% against the previous year.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica shrank sharply to $157K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 740%.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1.911.510284.2253.9%
Germany1.214.812256.0260.0%
Pakistan0.13.710.99.0348.1%
United Arab Emirates2.314.123.24.020.3%
India0.51.43.73.081.7%
Sri LankaN/A5.4N/AN/A0%
Others0.10.21.00.681.7%
Total6.151.0263157195.3%

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

  1. Malaysia (32.1 tons)
  2. Pakistan (3.6 tons)
  3. Germany (2.9 tons)
  4. United Arab Emirates (2.8 tons)
  5. India (1.7 tons)

Source: IndexBox Market Intelligence Platform

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