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

Contents:

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

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

The average import price for silicon; containing by weight less than 99.99% of silica stood at $3,609 per ton in 2022, rising by 43% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 128%. Over the period under review, average import prices reached the peak figure at $5,097 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.7% per year.

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

In 2022, approx. 124 tons of silicon; containing by weight less than 99.99% of silica were imported into Morocco; increasing by 123% against 2021. 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 693%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of silicon; containing by weight less than 99.99% of silica skyrocketed to $449K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 382%. 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 Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.3N/A113428114.6%
RussiaN/A7.117.2N/A142.3%
IndiaN/A20.7N/AN/A0%
Others0.41.210.520.7272.7%
Total43.729.1140449117.4%

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

  1. China (122.0 tons)

Source: IndexBox Market Intelligence Platform

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