Price for Carbides; of Silicon, Whether or Not Chemically Defined in Hong Kong SAR - 2023

Contents:

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

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

The average export price for carbides; of silicon, whether or not chemically defineds stood at $11,853 per ton in 2022, surging by 28% against the previous year. Over the period under review, the export price saw a perceptible expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 347% against the previous year. As a result, the export price attained the peak level of $26,231 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +1,414.1% per year.

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

The average import price for carbides; of silicon, whether or not chemically defineds stood at $4,428 per ton in 2022, shrinking by -35.1% against the previous year. Overall, the import price saw a deep slump. The pace of growth appeared the most rapid in 2020 an increase of 129% against the previous year. The import price peaked at $16,238 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United States ($7,307 per ton), while the price for China ($1,273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.

Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Hong Kong SAR

After two years of decline, overseas shipments of carbides; of silicon, whether or not chemically defineds increased by 268% to 31 tons in 2022. Over the period under review, exports, however, recorded a abrupt slump.

In value terms, exports of carbides; of silicon, whether or not chemically defineds surged to $372K in 2022. In general, exports saw prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. China (30.9 tons)

Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Hong Kong SAR

In 2022, supplies from abroad of carbides; of silicon, whether or not chemically defineds decreased by -31.5% to 18 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a tangible expansion. The pace of growth was the most pronounced in 2020 with an increase of 105%. As a result, imports reached the peak of 33 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of carbides; of silicon, whether or not chemically defineds fell remarkably to $78K in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 369% against the previous year.

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

1. China (6.0 tons)
2. Taiwan (Chinese) (6.0 tons)
3. United States (3.8 tons)
4. Japan (1.8 tons)

Source: IndexBox Market Intelligence Platform