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

Contents:

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

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

The average export price for carbides; of silicon, whether or not chemically defineds stood at $1,005 per ton in 2022, increasing by 31% against the previous year. Overall, export price indicated moderate 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. Based on 2022 figures, export price for carbides; of silicon, whether or not chemically defineds increased by +69.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,865 per ton), while the average price for exports to Norway ($386 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 the United States (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for carbides; of silicon, whether or not chemically defineds stood at $2,021 per ton in 2022, growing by 25% against the previous year. In general, the import price, however, recorded a pronounced setback. Over the period under review, average import prices attained the maximum at $3,421 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,018 per ton), while the price for Panama amounted to $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-3.7%).

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

In 2022, shipments abroad of carbides; of silicon, whether or not chemically defineds was finally on the rise to reach 6.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic downturn.

In value terms, exports of carbides; of silicon, whether or not chemically defineds surged to $6.5M in 2022. In general, exports, however, saw a significant decrease.

Export of Carbides; of Silicon, Whether or Not Chemically Defined in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium9.51.70.21.4-47.2%
France1.51.10.61.1-9.8%
Brazil0.80.70.40.94.0%
Germany2.21.70.30.8-28.6%
Mexico0.70.50.20.4-17.0%
United States0.60.40.20.3-20.6%
Norway0.10.1N/A0.10.0%
Others9.81.90.31.6-45.3%
Total25.18.22.36.5-36.3%

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

  1. Belgium (1672.7 tons)
  2. France (998.3 tons)
  3. Brazil (658.4 tons)
  4. Germany (504.5 tons)
  5. Mexico (374.0 tons)
  6. Norway (243.4 tons)
  7. United States (119.5 tons)

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

In 2022, supplies from abroad of carbides; of silicon, whether or not chemically defineds decreased by -7.9% to 3.8 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2020 with an increase of 0.2%.

In value terms, imports of carbides; of silicon, whether or not chemically defineds rose markedly to $7.6K in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. 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 Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6.16.36.67.67.6%
OthersN/AN/AN/AN/A0%
Total6.16.36.67.67.6%

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

  1. Belgium (3.7 tons)

Source: IndexBox Market Intelligence Platform

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