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

Contents:

  1. Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Ghana (CIF) - 2022
  2. Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Ghana

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

In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $3,193 per ton, with a decrease of -18.2% against the previous year. In general, the import price faced a abrupt slump. The growth pace was the most rapid in 2016 when the average import price increased by 87%. Over the period under review, average import prices reached the peak figure at $19,324 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($5,000 per ton), while the price for the United Arab Emirates ($277 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas purchases of silicon; containing by weight not less than 99.99% of silica were finally on the rise to reach 171 kg after two years of decline. Overall, imports, however, recorded a dramatic slump.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica surged to $546 in 2022. In general, imports, however, continue to indicate a precipitous decline.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates97.057.022.044.0-23.2%
Italy29.015.05.010.0-29.9%
South Africa24666.012.05.0-72.7%
Greece593N/AN/AN/A0%
China68.0N/AN/AN/A0%
Others1,191665250487-25.8%
Total2,224803289546-37.4%

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

  1. United Arab Emirates (159.0 kg)
  2. Italy (7.0 kg)
  3. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform

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