Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Myanmar - 2022
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Myanmar (CIF) - 2022
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Myanmar
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Myanmar (CIF) - 2022
The average import price for silicon; containing by weight less than 99.99% of silica stood at $4,075 per ton in 2022, dropping by -11.5% against the previous year. Overall, the import price, however, continues to indicate measured growth. The growth pace was the most rapid in 2021 an increase of 77%. As a result, import price attained the peak level of $4,605 per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($4,210 per ton), while the price for China ($850 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Myanmar
In 2022, overseas purchases of silicon; containing by weight less than 99.99% of silica increased by 5,694% to 367 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a significant increase. As a result, imports attained 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 $1.5M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 1,454 | 0% |
| Thailand | 9.1 | 14.2 | 4.4 | 26.2 | 42.3% |
| China | 12.0 | 7.3 | 0.6 | 4.4 | -28.4% |
| Others | 18.1 | 28.1 | 24.1 | 10.6 | -16.3% |
| Total | 39.2 | 49.6 | 29.2 | 1,495 | 236.6% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Myanmar in 2022:
- Indonesia (345.3 tons)
- Thailand (13.0 tons)
- China (5.2 tons)
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