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

Contents:

  1. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Japan (CIF) - 2022
  2. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Japan (FOB) - 2023
  3. Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Japan
  4. Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Japan

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

In 2022, the average import price for carbides; of silicon, whether or not chemically defineds amounted to $2,572 per ton, rising by 45% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,662 per ton), while the price for Vietnam stood at $1,284 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%).

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Japan (FOB) - 2023

In November 2023, the average export price for carbides; of silicon, whether or not chemically defineds amounted to $4,401 per ton, declining by -7.5% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 20% m-o-m. As a result, the export price reached the peak level of $5,703 per ton. From September 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($21,235 per ton), while the average price for exports to Poland ($2,720 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of carbides; of silicon, whether or not chemically defineds imported into Japan contracted to 66K tons, with a decrease of -10% compared with the year before. Over the period under review, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 38%. As a result, imports reached the peak of 74K tons, and then reduced in the following year.

In value terms, imports of carbides; of silicon, whether or not chemically defineds skyrocketed to $171M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbides; of Silicon, Whether or Not Chemically Defined in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12389.61191547.8%
Vietnam4.94.25.37.716.3%
Others10.48.16.29.2-4.0%
Total1381021311717.4%

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

  1. China (57.8K tons)
  2. Vietnam (6.0K tons)

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

Exports of carbides; of silicon, whether or not chemically defineds from Japan declined to 10K tons in 2022, waning by -10.3% against 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 80%. As a result, the exports reached the peak of 11K tons, and then declined in the following year.

In value terms, exports of carbides; of silicon, whether or not chemically defineds dropped to $42M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 66%. As a result, the exports attained the peak of $46M, and then reduced in the following year.

Export of Carbides; of Silicon, Whether or Not Chemically Defined in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.85.78.68.57.7%
Hungary5.54.713.58.515.6%
China2.02.45.26.548.1%
South Korea3.13.03.24.614.1%
Taiwan (Chinese)0.72.73.63.367.7%
Mexico3.92.43.43.3-5.4%
Malaysia1.51.22.01.62.2%
Poland1.00.30.41.514.5%
Indonesia0.80.60.91.07.7%
Thailand0.70.70.91.012.6%
Italy0.91.10.90.90.0%
Others2.42.73.22.0-5.9%
Total29.327.545.842.513.2%

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

  1. Hungary (3640.0 tons)
  2. Mexico (1660.0 tons)
  3. South Korea (1149.4 tons)
  4. United States (1076.1 tons)
  5. Taiwan (Chinese) (599.1 tons)
  6. Poland (537.0 tons)
  7. China (467.3 tons)
  8. Malaysia (285.6 tons)
  9. Thailand (208.1 tons)
  10. Indonesia (167.7 tons)
  11. Italy (151.2 tons)

Source: IndexBox Market Intelligence Platform

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