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

Contents:

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

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

In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $2,526 per ton, growing by 5.5% against the previous year. Over the period under review, the import price, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2020 an increase of 18% against the previous year. The import price peaked at $3,935 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Norway ($7,784 per ton), while the price for the United States ($542 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+5.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for silicon; containing by weight less than 99.99% of silica stood at $3,852 per ton in 2022, reducing by -7% against the previous year. In general, the export price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 184% against the previous year. The export price peaked at $4,271 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +17.8% per year.

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

In 2022, imports of silicon; containing by weight less than 99.99% of silica into Oman dropped rapidly to 472 tons, which is down by -41.4% against 2021 figures. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 398%. As a result, imports attained the peak of 806 tons, and then shrank significantly in the following year.

In value terms, imports of silicon; containing by weight less than 99.99% of silica fell remarkably to $1.2M in 2022. Overall, imports, however, posted a modest expansion. The growth pace was the most rapid in 2021 when imports increased by 432%. As a result, imports attained the peak of $1.9M, and then contracted significantly in the following year.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China72.756.0830724115.1%
Norway991283996422-24.8%
Netherlands30.19.134.315.4-20.0%
India3.64.827.312.149.8%
United States12.63.612.65.3-25.1%
Others22.46.627.414.1-14.3%
Total1,1323631,9281,1931.8%

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

  1. China (383.2 tons)
  2. Norway (54.2 tons)
  3. Netherlands (11.0 tons)
  4. United States (9.8 tons)
  5. India (8.7 tons)

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

Exports of silicon; containing by weight less than 99.99% of silica from Oman totaled 45 tons in 2022, growing by 8.1% against the previous year's figure. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 39% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of silicon; containing by weight less than 99.99% of silica stood at $171K in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 211%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates31.054.80.217176.7%
IndiaN/AN/A170N/A0%
OthersN/AN/AN/AN/A0%
Total31.054.817117176.7%

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

  1. United Arab Emirates (44.5 tons)

Source: IndexBox Market Intelligence Platform

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