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

Contents:

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

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

The average import price for silicon; containing by weight less than 99.99% of silica stood at $7,357 per ton in 2022, reducing by -42.7% against the previous year. Over the period under review, the import price showed a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 52% against the previous year. As a result, import price attained the peak level of $21,673 per ton. From 2015 to 2022, the average 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 ($16,349 per ton), while the price for Costa Rica totaled $4,404 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.8%).

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

The average export price for silicon; containing by weight less than 99.99% of silica stood at $14,978 per ton in 2022, leveling off at the previous year. Overall, the export price, however, posted a modest expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 297%. As a result, the export price reached the peak level of $25,429 per ton. From 2016 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 Honduras.

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +11.2% per year.

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

For the fourth consecutive year, Guatemala recorded growth in supplies from abroad of silicon; containing by weight less than 99.99% of silica, which increased by 127% to 5 tons in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of silicon; containing by weight less than 99.99% of silica skyrocketed to $37K in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.323.626.919.72.5%
Costa RicaN/AN/AN/A16.70%
IndiaN/A0.11.5N/A1400.0%
OthersN/A0.2N/A0.558.1%
Total18.324.028.436.926.3%

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

  1. Costa Rica (3.8 tons)
  2. United States (1.2 tons)

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

In 2022, shipments abroad of silicon; containing by weight less than 99.99% of silica decreased by -25.8% to 270 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 230% against the previous year.

In value terms, exports of silicon; containing by weight less than 99.99% of silica declined significantly to $4K in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 237% against the previous year.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras0.82.65.54.071.0%
OthersN/AN/AN/AN/A0%
Total0.82.65.54.071.0%

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

  1. Honduras (270.0 kg)

Source: IndexBox Market Intelligence Platform

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