Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea - 2022
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea (CIF) - 2022
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea (FOB) - 2022
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea
- Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea (CIF) - 2022
The average import price for silicon; containing by weight less than 99.99% of silica stood at $2,847 per ton in December 2022, falling by -4.2% against the previous month. Overall, the import price recorded a deep setback. The most prominent rate of growth was recorded in October 2022 an increase of 1.7% against the previous month. The import price peaked at $5,495 per ton in December 2021; however, from January 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,877 per ton), while the price for Taiwan (Chinese) totaled $1,014 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea (FOB) - 2022
In 2022, the average export price for silicon; containing by weight less than 99.99% of silica amounted to $4,964 per ton, growing by 79% against the previous year. Overall, the export price recorded a notable expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 241% against the previous year. As a result, the export price attained the peak level of $11,180 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($8,693 per ton), while the average price for exports to Malaysia ($1,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+41.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea
Imports of silicon; containing by weight less than 99.99% of silica into South Korea shrank modestly to 88K tons in 2022, falling by -1.7% compared with the year before. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 3.5%.
In value terms, imports of silicon; containing by weight less than 99.99% of silica rose rapidly to $290M in 2022. Over the period under review, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 94%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 190 | 137 | 270 | 275 | 13.1% |
| Brazil | 5.0 | 4.3 | 1.2 | 11.8 | 33.1% |
| Others | 18.4 | 0.3 | 3.9 | 2.8 | -46.6% |
| Total | 213 | 142 | 275 | 290 | 10.8% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to South Korea in 2022:
- China (82.4K tons)
- Brazil (4.4K tons)
Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea
In 2022, overseas shipments of silicon; containing by weight less than 99.99% of silica decreased by -25.6% to 689 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 95%. As a result, the exports reached the peak of 2.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of silicon; containing by weight less than 99.99% of silica soared to $3.4M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 65% against the previous year. As a result, the exports attained the peak of $4.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Silicon; Containing by Weight Less than 99.99% of Silicon in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,410 | 78.0 | 87.0 | 1,861 | 9.7% |
| Taiwan (Chinese) | 11.8 | 3.7 | 815 | 705 | 290.9% |
| India | 152 | 159 | 629 | 291 | 24.2% |
| China | 289 | 112 | 358 | 187 | -13.5% |
| Thailand | 0.3 | 0.2 | 118 | 117 | 630.6% |
| Malaysia | N/A | 3,667 | 299 | 108 | -82.8% |
| Pakistan | 7.8 | 2.7 | 9.2 | 30.1 | 56.9% |
| Others | 603 | 64.9 | 247 | 120 | -41.6% |
| Total | 2,473 | 4,087 | 2,562 | 3,419 | 11.4% |
Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from South Korea in 2022:
- Japan (214.1 tons)
- Taiwan (Chinese) (150.9 tons)
- India (115.0 tons)
- Malaysia (90.2 tons)
- China (61.3 tons)
- Pakistan (15.0 tons)
- Thailand (14.1 tons)
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