Price for Carbides; of Silicon, Whether or Not Chemically Defined in Denmark - 2023

Contents:

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

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

The average import price for carbides; of silicon, whether or not chemically defineds stood at $3,659 per ton in 2022, jumping by 24% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbides; of silicon, whether or not chemically defineds increased by +56.4% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Sweden ($4,140 per ton), while the price for Germany ($2,002 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.2%), 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 Denmark (FOB) - 2022

The average export price for carbides; of silicon, whether or not chemically defineds stood at $3,560 per ton in 2022, rising by 24% against the previous year. Overall, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 136% against the previous year. The export price peaked at $7,090 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($5,514 per ton), while the average price for exports to Spain ($1,692 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 Italy (+29.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of carbides; of silicon, whether or not chemically defineds imported into Denmark soared to 7.8K tons, jumping by 21% compared with the year before. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 591% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of carbides; of silicon, whether or not chemically defineds soared to $28M in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 367% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Carbides; of Silicon, Whether or Not Chemically Defined in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1.811.218.427.0146.6%
SwedenN/AN/AN/A0.80%
Germany0.40.30.20.3-9.1%
Others0.30.10.40.2-12.6%
Total2.511.619.028.4124.8%

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

  1. Norway (7.3K tons)
  2. Sweden (0.2K tons)
  3. Germany (0.2K tons)

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

For the fourth consecutive year, Denmark recorded growth in shipments abroad of carbides; of silicon, whether or not chemically defineds, which increased by 23% to 7K tons in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 78,757% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of carbides; of silicon, whether or not chemically defineds surged to $25M in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 30,061% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Carbides; of Silicon, Whether or Not Chemically Defined in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A6.012.316.264.3%
BelgiumN/A1.61.93.139.2%
ItalyN/A0.80.72.783.7%
FranceN/A0.30.51.2100.0%
AustriaN/AN/A0.10.6500.0%
SpainN/AN/A0.10.2100.0%
OthersN/A0.30.70.973.2%
TotalN/A9.116.324.965.4%

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

  1. Germany (4.0K tons)
  2. Belgium (1.8K tons)
  3. Italy (0.5K tons)
  4. France (0.2K tons)
  5. Austria (0.2K tons)
  6. Spain (0.1K tons)

Source: IndexBox Market Intelligence Platform

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