Price for Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates - 2022
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates (CIF) - 2022
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates (FOB) - 2022
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates
- Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $3,841 per ton, with an increase of 26% against the previous year. Over the period under review, the import price enjoyed a tangible increase. The growth pace was the most rapid in 2021 when the average import price increased by 84% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($4,451 per ton), while the price for China totaled $3,774 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.9%).
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates (FOB) - 2022
The average export price for silicon; containing by weight less than 99.99% of silica stood at $2,667 per ton in 2022, falling by -14% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for silicon; containing by weight less than 99.99% of silica increased by +18.5% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 54%. As a result, the export price attained the peak level of $3,101 per ton, and then contracted in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($7,435 per ton), while the average price for exports to Tanzania ($327 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 Nigeria (+17.0%), 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 the United Arab Emirates
Imports of silicon; containing by weight less than 99.99% of silica into the United Arab Emirates expanded notably to 66K tons in 2022, growing by 9.2% compared with 2021 figures. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69% against the previous year. Over the period under review, imports of reached 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 surged to $252M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 211% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 84.1 | 46.1 | 177 | 233 | 40.4% |
| Brazil | 17.0 | 12.8 | 1.9 | 6.7 | -26.7% |
| Others | 9.6 | 0.1 | 5.2 | 12.5 | 9.2% |
| Total | 111 | 59.0 | 184 | 252 | 31.4% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to the United Arab Emirates in 2022:
- China (61.7K tons)
- Brazil (1.5K tons)
Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in shipments abroad of silicon; containing by weight less than 99.99% of silica, when their volume decreased by -92.5% to 68 tons. Over the period under review, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 203%. As a result, the exports reached the peak of 906 tons, and then reduced notably in the following year.
In value terms, exports of silicon; containing by weight less than 99.99% of silica dropped remarkably to $180K in 2022. In general, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 367%. As a result, the exports attained the peak of $2.8M, and then declined dramatically in the following year.
| Export of Silicon; Containing by Weight Less than 99.99% of Silicon in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 65.2 | 0% |
| Italy | N/A | N/A | N/A | 37.4 | 0% |
| China | 29.0 | N/A | N/A | 18.5 | -13.9% |
| Pakistan | 14.0 | 101 | 0.8 | 16.2 | 5.0% |
| Zambia | N/A | N/A | N/A | 12.3 | 0% |
| France | N/A | N/A | N/A | 7.8 | 0% |
| Kuwait | N/A | N/A | N/A | 6.3 | 0% |
| Oman | 181 | 4.2 | 168 | 0.8 | -83.6% |
| India | 37.1 | 252 | 1,772 | 0.1 | -86.1% |
| Iran | 310 | 152 | 863 | N/A | 66.8% |
| Angola | N/A | 90.4 | N/A | N/A | 0% |
| Others | 10.9 | 2.1 | 6.9 | 15.5 | 12.5% |
| Total | 582 | 602 | 2,811 | 180 | -32.4% |
Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from the United Arab Emirates in 2022:
- Italy (18.5 tons)
- Zambia (16.0 tons)
- Poland (15.1 tons)
- China (5.5 tons)
- Pakistan (5.1 tons)
- Kuwait (1.2 tons)
- France (1.1 tons)
- Oman (0.4 tons)
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