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

Contents:

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

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

The average import price for silicon; containing by weight not less than 99.99% of silica stood at $251,200 per ton in 2022, rising by 1,784% against the previous year. Overall, the import price showed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +5,110.0% per year.

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

The average export price for silicon; containing by weight not less than 99.99% of silica stood at $860 per ton in 2022, rising by 13% against the previous year. In general, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 47%. The export price peaked at $3,294 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 -10.5% per year.

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

In 2022, overseas purchases of silicon; containing by weight not less than 99.99% of silica decreased by -99.9% to 5 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a dramatic descent. The growth pace was the most rapid in 2020 when imports increased by 376%. As a result, imports reached the peak of 37 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 not less than 99.99% of silica dropped significantly to $1.3K in 2022. Overall, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 866% against the previous year. As a result, imports reached the peak of $474K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A1.00%
Belgium8.513.39.2N/A4.0%
China25.144626.6N/A2.9%
United Kingdom7.812.18.4N/A3.8%
United States7.0N/A4.2N/A-22.5%
Others0.62.60.40.2-30.7%
Total49.047448.81.3-70.2%

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

  1. United Arab Emirates (5.0 kg)

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

In 2022, overseas shipments of silicon; containing by weight not less than 99.99% of silica were finally on the rise to reach 709 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica surged to $610 in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year. As a result, the exports attained the peak of $716. 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 Egypt (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sudan5585012806103.0%
Saudi ArabiaN/A215N/AN/A0%
OmanN/AN/A223N/A0%
OthersN/AN/AN/AN/A0%
Total5587165036103.0%

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

  1. Sudan (709.0 kg)

Source: IndexBox Market Intelligence Platform

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