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

Contents:

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

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

The average export price for silicon; containing by weight not less than 99.99% of silica stood at $189,286 per ton in 2022, with an increase of 13% against the previous year. In general, the export price, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2019 an increase of 67%. The export price peaked at $310,275 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($371,681 per ton), while the average price for exports to Taiwan (Chinese) ($96,059 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 Spain (+78.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for silicon; containing by weight not less than 99.99% of silica stood at $75,308 per ton in 2022, jumping by 36% against the previous year. Overall, the import price, however, showed a deep reduction. Over the period under review, average import prices reached the peak figure at $144,695 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($91,745 per ton), while the price for the United States ($66,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-2.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of silicon; containing by weight not less than 99.99% of silica exported from Denmark soared to 466 tons, with an increase of 76% compared with 2021. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 207% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica skyrocketed to $88M in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.93.14.926.2108.3%
Italy0.20.30.122.1379.9%
Japan10.410.216.919.523.3%
Taiwan (Chinese)4.95.29.610.227.7%
Australia6.05.46.66.31.6%
Czech Republic1.01.43.21.923.9%
South Korea0.3N/A0.41.363.0%
United States17.00.81.70.6-67.2%
SpainN/AN/A0.1N/A0%
Poland5.5N/AN/AN/A0%
Others0.50.30.50.1-41.5%
Total48.626.744.188.222.0%

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

  1. China (172.0 tons)
  2. Taiwan (Chinese) (106.7 tons)
  3. Italy (76.9 tons)
  4. Japan (52.6 tons)
  5. Australia (37.7 tons)
  6. South Korea (10.2 tons)
  7. Czech Republic (7.4 tons)
  8. United States (2.3 tons)

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

In 2022, approx. 230 tons of silicon; containing by weight not less than 99.99% of silica were imported into Denmark; increasing by 10% against the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +82.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 66%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica soared to $17M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +73.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.14.69.811.832.3%
Germany6.04.10.23.3-18.1%
Australia1.00.91.11.26.3%
Others1.60.40.51.0-14.5%
Total13.610.011.617.38.4%

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

  1. United States (177.1 tons)
  2. Germany (36.3 tons)
  3. Australia (13.7 tons)

Source: IndexBox Market Intelligence Platform

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