Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Iraq - 2022

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Iraq (CIF) - 2022
  2. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Iraq

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

In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $4,492 per ton, growing by 76% against the previous year. Overall, the import price posted tangible growth. The most prominent rate of growth was recorded in 2020 an increase of 168% against the previous year. As a result, import price attained the peak level of $5,758 per ton. From 2021 to 2022, the average import prices remained at a somewhat 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 ($4,497 per ton), while the price for Turkey amounted to $2,386 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+48.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of silicon; containing by weight less than 99.99% of silica into Iraq skyrocketed to 154 tons, jumping by 598% compared with the previous year. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,415% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of silicon; containing by weight less than 99.99% of silica soared to $693K in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 3,963%. As a result, imports reached the peak of $694K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A693N/A6930.0%
Turkey12.01.155.10.8-59.5%
Others5.1N/A1.2N/A-51.5%
Total17.169456.3693243.5%

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

  1. China (154.0 tons)
  2. Turkey (0.3 tons)

Source: IndexBox Market Intelligence Platform

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