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

Contents:

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

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

The average import price for silicon; containing by weight not less than 99.99% of silica stood at $16,347 per ton in 2022, picking up by 35% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of 110%. The import price peaked at $28,933 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 China ($112,676 per ton), while the price for Germany ($7,364 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for silicon; containing by weight not less than 99.99% of silica amounted to $86,474 per ton, reducing by -12.8% against the previous year. In general, the export price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 87% against the previous year. The export price peaked at $99,134 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($420,954 per ton), while the average price for exports to Belarus stood at $80,814 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+32.0%), 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 Russia

In 2022, imports of silicon; containing by weight not less than 99.99% of silica into Russia dropped to 645 tons, waning by -9.8% on 2021. In general, imports showed a sharp reduction.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica surged to $11M in 2022. Over the period under review, imports saw a sharp descent.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.80.80.76.150.2%
Germany6.85.12.83.9-16.9%
United States2.14.74.50.5-38.0%
Hong Kong SAR5.5N/AN/AN/A0%
South Korea1.20.2N/AN/A-83.3%
Japan2.01.2N/AN/A-40.0%
Taiwan (Chinese)2.9N/AN/AN/A0%
Others0.70.40.7N/A0.0%
Total23.012.48.710.5-23.0%

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

  1. Germany (534.5 tons)
  2. United States (56.7 tons)
  3. China (54.1 tons)

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

In 2022, approx. 12 tons of silicon; containing by weight not less than 99.99% of silica were exported from Russia; approximately reflecting 2021 figures. In general, exports faced a drastic downturn.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica reduced to $1M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports attained the peak of $1.2M, and then dropped in the following year.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus49145872293624.0%
United States91.110462.382.5-3.3%
SwitzerlandN/A26.8N/AN/A0%
Armenia9.7N/AN/AN/A0%
China48.0212353N/A171.2%
Others15951.048.4N/A-44.8%
Total7998521,1851,0198.4%

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

  1. Belarus (11.6 tons)
  2. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

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