Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Norway - 2024
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Norway (FOB) - 2024
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Norway (CIF) - 2024
- Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Norway
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Norway
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Norway (FOB) - 2024
In January 2024, the average export price for silicon; containing by weight less than 99.99% of silica amounted to $2,871 per ton, rising by 13% against the previous month. Over the period under review, the export price, however, continues to indicate a pronounced slump. The export price peaked at $3,722 per ton in February 2023; however, from March 2023 to January 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($3,909 per ton), while the average price for exports to the Netherlands ($2,327 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.2%), while the prices for the other major destinations experienced a decline.
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Norway (CIF) - 2024
The average import price for silicon; containing by weight less than 99.99% of silica stood at $2,300 per ton in January 2024, dropping by -4.1% against the previous month. Overall, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in July 2023 an increase of 329% m-o-m. As a result, import price reached the peak level of $13,645 per ton. From August 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was France ($2,577 per ton), while the price for Japan ($805 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Japan (0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Norway
For the fourth consecutive year, Norway recorded growth in shipments abroad of silicon; containing by weight less than 99.99% of silica, which increased by 8.5% to 254K tons in 2022. The total export volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of silicon; containing by weight less than 99.99% of silica skyrocketed to $986M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 168 | 181 | 235 | 465 | 40.4% |
| France | 19.7 | 17.1 | 46.2 | 147 | 95.4% |
| United States | 33.0 | 39.8 | 28.4 | 104 | 46.6% |
| Netherlands | 128 | 108 | 104 | 100 | -7.9% |
| Japan | 28.0 | 43.3 | 52.2 | 80.1 | 42.0% |
| United Kingdom | 17.5 | 22.4 | 34.6 | 55.3 | 46.7% |
| Sweden | 9.3 | 8.2 | 15.7 | 20.8 | 30.8% |
| Others | 3.8 | 5.6 | 16.1 | 13.5 | 52.6% |
| Total | 407 | 426 | 532 | 986 | 34.3% |
Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Norway in 2022:
- Germany (118.4K tons)
- United States (44.3K tons)
- France (27.7K tons)
- Netherlands (27.3K tons)
- Japan (16.0K tons)
- United Kingdom (11.6K tons)
- Sweden (4.9K tons)
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Norway
In 2022, imports of silicon; containing by weight less than 99.99% of silica into Norway surged to 49K tons, increasing by 51% on 2021. Overall, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 52%. Over the period under review, imports of attained the maximum 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 skyrocketed to $143M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained 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 Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.4 | 31.5 | 42.6 | 90.0 | 25.6% |
| Brazil | 5.6 | 1.1 | 6.3 | 23.8 | 62.0% |
| Iceland | 1.0 | 0.1 | 0.5 | 13.1 | 135.7% |
| France | 0.5 | 3.5 | 5.2 | 5.9 | 127.7% |
| Bosnia and Herzegovina | N/A | 0.3 | 4.7 | 4.8 | 300.0% |
| Taiwan (Chinese) | 0.4 | 0.5 | 0.6 | 2.5 | 84.2% |
| Netherlands | 1.6 | 1.3 | 1.8 | 1.0 | -14.5% |
| Others | 0.6 | 1.7 | 6.2 | 2.3 | 56.5% |
| Total | 55.1 | 39.9 | 67.9 | 143 | 37.4% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Norway in 2022:
- China (29.6K tons)
- Brazil (11.2K tons)
- Iceland (2.6K tons)
- France (1.9K tons)
- Taiwan (Chinese) (1.4K tons)
- Bosnia and Herzegovina (1.4K tons)
- Netherlands (0.3K tons)
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