Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United Arab Emirates - 2022

Contents:

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

Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for silicon; containing by weight not less than 99.99% of silica amounted to $5,222 per ton, dropping by -29.6% against the previous year. Overall, the export price, however, recorded resilient growth. The growth pace was the most rapid in 2021 an increase of 553% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,792 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($7,906 per ton), while the average price for exports to Angola ($272 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 Nigeria (+43.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United Arab Emirates (CIF) - 2022

The average import price for silicon; containing by weight not less than 99.99% of silica stood at $30,867 per ton in 2022, increasing by 306% against the previous year. In general, the import price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 571%. The import price peaked at $62,721 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($70,759 per ton), while the price for Italy ($4,922 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+79.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United Arab Emirates

For the third year in a row, the United Arab Emirates recorded decline in shipments abroad of silicon; containing by weight not less than 99.99% of silica, which decreased by -69.9% to 6.6 tons in 2022. In general, exports recorded a significant contraction. The smallest decline of -10.7% was in 2020.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica contracted rapidly to $34K in 2022. Over the period under review, exports faced a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 75% against the previous year.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/AN/A15.40%
EthiopiaN/A39.0N/A9.1-51.7%
OmanN/AN/A1625.7-96.5%
TanzaniaN/AN/AN/A3.20%
AngolaN/AN/AN/A0.10%
Zambia62.770.80.1N/A-96.0%
Others1.93.3N/A0.7-28.3%
Total64.611316234.3-19.0%

Top Export Markets for Silicon; Containing by Weight Not Less than 99.99% of Silicon from the United Arab Emirates in 2022:

  1. Iraq (3.3 tons)
  2. Ethiopia (1.5 tons)
  3. Oman (0.7 tons)
  4. Angola (0.5 tons)
  5. Tanzania (0.5 tons)

Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United Arab Emirates

In 2022, the amount of silicon; containing by weight not less than 99.99% of silica imported into the United Arab Emirates fell dramatically to 271 kg, shrinking by -94.3% compared with the year before. Over the period under review, imports continue to indicate a sharp slump. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica shrank markedly to $8.4K in 2022. In general, imports showed a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 133% against the previous year. As a result, imports reached the peak of $36K, and then shrank rapidly in the following year.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.7N/AN/A6.2-2.6%
NetherlandsN/AN/A16.31.1-93.3%
ChinaN/AN/AN/A0.60%
ItalyN/AN/AN/A0.40%
Japan8.6N/AN/AN/A0%
France5.05.3N/AN/A6.0%
IndiaN/A5.1N/AN/A0%
Others5.15.320.0N/A98.0%
Total25.415.636.38.4-30.8%

Top Suppliers of Silicon; Containing by Weight Not Less than 99.99% of Silicon to the United Arab Emirates in 2022:

  1. Italy (90.0 kg)
  2. United States (87.0 kg)
  3. China (50.0 kg)
  4. Netherlands (42.0 kg)

Source: IndexBox Market Intelligence Platform

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