Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium - 2023

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium (CIF) - 2022
  2. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium (FOB) - 2022
  3. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium
  4. Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium (CIF) - 2022

In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $1,784 per ton, approximately equating the previous year. Overall, the import price, however, saw a pronounced decrease. The growth pace was the most rapid in 2018 when the average import price increased by 17%. Over the period under review, average import prices hit record highs at $2,237 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 China ($3,905 per ton), while the price for Germany ($1,037 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium (FOB) - 2022

The average export price for silicon; containing by weight less than 99.99% of silica stood at $1,538 per ton in 2022, waning by -13.6% against the previous year. Overall, the export price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $2,421 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($2,346 per ton), while the average price for exports to the United States ($971 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 Spain (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium

Imports of silicon; containing by weight less than 99.99% of silica into Belgium stood at 25K tons in 2022, surging by 13% compared with the previous year. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 136%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of silicon; containing by weight less than 99.99% of silica totaled $44M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 156% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7.58.323.533.865.2%
France1.31.31.82.524.4%
Germany7.31.94.92.0-35.1%
Spain1.30.71.31.913.5%
NorwayN/A0.63.51.135.4%
Others0.62.23.52.560.9%
Total18.115.038.543.834.3%

Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Belgium in 2022:

  1. Netherlands (20.1K tons)
  2. Germany (1.9K tons)
  3. France (0.9K tons)
  4. Spain (0.5K tons)
  5. Norway (0.4K tons)

Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium

For the fourth year in a row, Belgium recorded growth in overseas shipments of silicon; containing by weight less than 99.99% of silica, which increased by 4.8% to 4.3K tons in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 83%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of silicon; containing by weight less than 99.99% of silica dropped to $6.7M in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 77%.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9402,5301,7751,77523.6%
France4811,1094,6281,49245.8%
United States1621374191,05486.7%
Netherlands32.231.338.2956209.6%
IndiaN/A24010439928.9%
Spain18516211231819.8%
Poland11810918721722.5%
Italy56126620.40.1-94.4%
Others20417389.946731.8%
Total2,6834,7597,3746,67835.5%

Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Belgium in 2022:

  1. United States (1085.6 tons)
  2. Germany (937.4 tons)
  3. France (792.0 tons)
  4. Netherlands (507.2 tons)
  5. India (323.4 tons)
  6. Spain (304.6 tons)
  7. Poland (158.0 tons)
  8. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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