Price for Carbides; of Silicon, Whether or Not Chemically Defined in Colombia - 2022

Contents:

1. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Colombia (CIF) - 2022
2. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Colombia (FOB) - 2022
3. Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Colombia
4. Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Colombia

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Colombia (CIF) - 2022

In February 2022, the average import price for carbides; of silicon, whether or not chemically defineds amounted to $2,739 per ton, growing by 21% against the previous month. Over the period under review, import price indicated notable growth from February 2021 to February 2022: its price increased at an average monthly rate of +4.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for carbides; of silicon, whether or not chemically defineds increased by +77.6% against October 2021 indices. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 31% m-o-m. Over the period under review, average import prices hit record highs in February 2022.

Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was China ($2,786 per ton), while the price for Brazil amounted to $2,483 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Colombia (FOB) - 2022

In 2022, the average export price for carbides; of silicon, whether or not chemically defineds amounted to $5,753 per ton, rising by 33% against the previous year. In general, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($6,920 per ton), while the average price for exports to Venezuela ($2,086 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 Venezuela (+4.7%).

Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Colombia

In 2022, approx. 638 tons of carbides; of silicon, whether or not chemically defineds were imported into Colombia; shrinking by -3.7% compared with the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 663 tons, and then reduced slightly in the following year.

In value terms, imports of carbides; of silicon, whether or not chemically defineds surged to $1.5M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to Colombia in 2022:

1. China (310.0 tons)
2. Brazil (277.2 tons)
3. Mexico (24.0 tons)
4. Italy (15.9 tons)

Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Colombia

Exports of carbides; of silicon, whether or not chemically defineds from Colombia shrank markedly to 21 tons in 2022, reducing by -18.8% on the year before. Overall, exports, however, showed strong growth. The growth pace was the most rapid in 2021 with an increase of 469% against the previous year. As a result, the exports attained the peak of 26 tons, and then shrank rapidly in the following year.

In value terms, exports of carbides; of silicon, whether or not chemically defineds stood at $121K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 777% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from Colombia in 2022:

1. Brazil (13.7 tons)
2. Venezuela (6.5 tons)
3. Canada (0.5 tons)

Source: IndexBox Market Intelligence Platform