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

Contents:

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

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

The average import price for silicon; containing by weight less than 99.99% of silica stood at $3,442 per ton in 2022, reducing by -14.1% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicon; containing by weight less than 99.99% of silica increased by +69.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs at $4,009 per ton in 2021, and then shrank in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,442 per ton), while the price for the United Arab Emirates totaled $2,484 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%).

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

In 2022, the average export price for silicon; containing by weight less than 99.99% of silica amounted to $14,570 per ton, approximately equating the previous year. In general, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 112% against the previous year. The export price peaked at $15,517 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +17.3% per year.

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

In 2022, approx. 362 tons of silicon; containing by weight less than 99.99% of silica were imported into Pakistan; with an increase of 5.4% against the previous year's figure. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 49% against the previous year. As a result, imports attained the peak of 438 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of silicon; containing by weight less than 99.99% of silica reduced to $1.2M in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 121% against the previous year.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4521,0341,0231,19838.4%
United States31.264.912311.8-27.7%
United Arab Emirates13.099.31070.5-66.2%
Others99.712012335.0-29.5%
Total5961,3181,3761,24527.8%

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

  1. China (348.0 tons)
  2. United States (4.2 tons)
  3. United Arab Emirates (0.2 tons)

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

In 2022, overseas shipments of silicon; containing by weight less than 99.99% of silica decreased by 0% to 121 kg, falling for the second consecutive year after two years of growth. In general, exports showed buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,033% against the previous year. As a result, the exports attained the peak of 986 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of silicon; containing by weight less than 99.99% of silica stood at $1.8K in 2022. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by 161% against the previous year. As a result, the exports reached the peak of $3.5K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sudan1.13.2N/A1.715.6%
TanzaniaN/A0.3N/AN/A0%
Others0.30.1N/AN/A-66.7%
Total1.43.5N/A1.88.7%

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

  1. Sudan (119.0 kg)

Source: IndexBox Market Intelligence Platform

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