Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus - 2022

Contents:

  1. Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus (CIF) - 2022
  2. Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus (FOB) - 2022
  3. Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus
  4. Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus

Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus (CIF) - 2022

In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $99,532 per ton, falling by -1.8% against the previous year. In general, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2017 an increase of 3.6%. Over the period under review, average import prices attained the peak figure at $163,361 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($101,298 per ton), while the price for China ($80,310 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus (FOB) - 2022

The average export price for silicon; containing by weight not less than 99.99% of silica stood at $51,109 per ton in 2022, picking up by 35% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 47%. The export price peaked at $111,303 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +35.9% per year.

Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus

After three years of growth, supplies from abroad of silicon; containing by weight not less than 99.99% of silica decreased by -5.2% to 21 tons in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of 22 tons, and then reduced in the following year.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica dropped to $2.1M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of $2.3M, and then fell in the following year.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine9811,1821,4181,32910.7%
Russia49246171767211.0%
China65.950.810699.314.6%
Others5.330.427.610.124.0%
Total1,5441,7242,2682,11011.0%

Top Suppliers of Silicon; Containing by Weight Not Less than 99.99% of Silicon to Belarus in 2022:

  1. Ukraine (13.1 tons)
  2. Russia (6.8 tons)
  3. China (1.2 tons)

Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus

After three years of growth, shipments abroad of silicon; containing by weight not less than 99.99% of silica decreased by -11% to 1.9 tons in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 236% against the previous year.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica surged to $99K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 -14.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 99% against the previous year. As a result, the exports attained the peak of $116K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States57.748.11.599.019.7%
RussiaN/A5.336.4N/A586.8%
LatviaN/A5.97.9N/A33.9%
LithuaniaN/A56.336.7N/A-34.8%
Others0.4N/AN/AN/A0%
Total58.111682.599.019.4%

Top Export Markets for Silicon; Containing by Weight Not Less than 99.99% of Silicon from Belarus in 2022:

  1. United States (1.9 tons)

Source: IndexBox Market Intelligence Platform

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