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

Contents:

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

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

The average import price for silicon; containing by weight not less than 99.99% of silica stood at $91,897 per ton in 2022, growing by 2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2019 an increase of 12%. The import price peaked at $97,027 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($92,893 per ton) and Germany ($92,893 per ton), while the price for the United States ($91,458 per ton) and China ($92,893 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for silicon; containing by weight not less than 99.99% of silica amounted to $9,198 per ton, declining by -7.5% against the previous year. Over the period under review, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of 52% against the previous year. As a result, the export price reached the peak level of $17,180 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($18,019 per ton), while the average price for exports to Taiwan (Chinese) stood at $2,201 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+21.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of silicon; containing by weight not less than 99.99% of silica imported into Vietnam soared to 7.5K tons, with an increase of 789% against the previous year. Overall, imports recorded a significant increase. As a result, imports reached the peak 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 soared to $689M in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached 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 Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33.035.467.8477143.6%
Germany0.3N/AN/A159709.3%
China0.50.20.526.6276.1%
MalaysiaN/AN/A7.217.3140.3%
Others0.80.40.610.1132.9%
Total34.635.976.0689171.0%

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

  1. United States (5.2K tons)
  2. Germany (1.7K tons)
  3. China (0.3K tons)
  4. Malaysia (0.2K tons)

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

In 2022, the amount of silicon; containing by weight not less than 99.99% of silica exported from Vietnam fell markedly to 35 tons, with a decrease of -40.3% compared with 2021 figures. Overall, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 95% against the previous year.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica fell sharply to $318K in 2022. Over the period under review, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 128% against the previous year.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China620225560274-23.8%
Taiwan (Chinese)N/AN/A8.542.3397.6%
Germany50.4N/AN/AN/A0%
Others7.228.18.11.6-39.4%
Total677253576318-22.3%

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

  1. Taiwan (Chinese) (19.2 tons)
  2. China (15.2 tons)

Source: IndexBox Market Intelligence Platform

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