Canada - Silicon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilicon Price in Canada - 2023
Contents:
- Silicon Price in Canada (FOB) - 2023
- Silicon Price in Canada (CIF) - 2023
- Silicon Exports in Canada
- Silicon Imports in Canada
Silicon Price in Canada (FOB) - 2023
The average silicon export price stood at $4,421 per ton in June 2023, which is down by -3.9% against the previous month. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in November 2022 an increase of 93% month-to-month. The export price peaked at $8,882 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the United States ($4,531 per ton), while the average price for exports to Germany ($1,896 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+49.6%), while the prices for the other major destinations experienced mixed trend patterns.
Silicon Price in Canada (CIF) - 2023
The average silicon import price stood at $3,535 per ton in June 2023, reducing by -4.1% against the previous month. Overall, the import price showed a deep contraction. The growth pace was the most rapid in January 2023 when the average import price increased by 61% against the previous month. Over the period under review, average import prices attained the peak figure at $7,109 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Brazil ($3,661 per ton) and Norway ($3,448 per ton), while the price for the United States ($3,170 per ton) and Malaysia ($3,194 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced a decline.
Silicon Exports in Canada
Silicon exports from Canada skyrocketed to 94K tons in 2022, increasing by 220% against 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, silicon exports skyrocketed to $225M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Silicon in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 78.6 | 51.4 | 65.8 | 197 | 35.8% |
France | N/A | 0.8 | N/A | 17.7 | 370.4% |
United Arab Emirates | N/A | N/A | N/A | 6.1 | 0% |
Others | 0.7 | 0.5 | 3.9 | 3.8 | 75.7% |
Total | 79.3 | 52.8 | 69.7 | 225 | 41.6% |
Top Export Markets for Silicon from Canada in 2022:
- United States (80.7K tons)
- France (7.7K tons)
- United Arab Emirates (4.7K tons)
Silicon Imports in Canada
In 2022, approx. 32K tons of silicon were imported into Canada; increasing by 49% against the previous year. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 134%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, silicon imports soared to $69M in 2022. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 186% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Silicon in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 16.5 | 14.3 | 27.1 | 47.8 | 42.6% |
Australia | 6.8 | N/A | 7.9 | 6.8 | 0.0% |
Malaysia | N/A | 1.2 | 5.8 | 6.8 | 138.0% |
Bosnia and Herzegovina | N/A | 0.2 | 3.2 | 5.3 | 414.8% |
Thailand | 9.6 | 0.3 | 0.3 | 0.4 | -65.3% |
South Africa | 2.8 | 0.5 | 0.6 | N/A | -53.7% |
Others | 4.3 | 0.9 | 5.0 | 1.9 | -23.8% |
Total | 40.1 | 17.4 | 49.7 | 69.2 | 19.9% |
Top Suppliers of Silicon to Canada in 2022:
- Brazil (22.9K tons)
- Malaysia (4.3K tons)
- Australia (2.3K tons)
- Bosnia and Herzegovina (2.2K tons)
- Thailand (0.2K tons)
This report provides an in-depth analysis of the silicon market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132150 - Silicon
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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