Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Hong Kong SAR - 2023

Contents:

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

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

The average export price for silicon; containing by weight not less than 99.99% of silica stood at $13,666 per ton in 2022, increasing by 108% against the previous year. Over the period under review, the export price, however, recorded a slight shrinkage. The export price peaked at $17,165 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($17,747 per ton), while the average price for exports to Thailand ($6,665 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 Taiwan (Chinese) (+8.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $7,022 per ton, falling by -25.9% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 50% against the previous year. Over the period under review, average import prices reached the maximum at $15,762 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($13,809 per ton), while the price for Russia ($2,214 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.2%), 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 Hong Kong SAR

In 2022, the amount of silicon; containing by weight not less than 99.99% of silica exported from Hong Kong SAR skyrocketed to 940 tons, growing by 358% compared with the previous year's figure. Overall, exports, however, continue to indicate a abrupt setback.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica surged to $13M in 2022. In general, exports saw resilient growth. 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 Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.3N/A0.57.7195.0%
Japan1.1N/A0.21.817.8%
Malaysia0.4N/AN/A1.658.7%
Taiwan (Chinese)2.20.60.21.4-14.0%
ThailandN/AN/AN/A0.20%
Russia2.10.7N/AN/A-66.7%
South KoreaN/AN/A0.3N/A0%
Others1.70.20.10.2-51.0%
Total7.71.51.312.818.5%

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

  1. China (434.3 tons)
  2. Malaysia (239.0 tons)
  3. Japan (135.2 tons)
  4. Taiwan (Chinese) (106.1 tons)
  5. Thailand (24.1 tons)

Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Hong Kong SAR

In 2022, the amount of silicon; containing by weight not less than 99.99% of silica imported into Hong Kong SAR skyrocketed to 928 tons, surging by 328% on the previous year's figure. Over the period under review, imports, however, showed a abrupt curtailment.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica surged to $6.5M in 2022. Overall, imports, however, showed a abrupt slump.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,8925866781,254-12.8%
Taiwan (Chinese)1,2172.5N/A1,144-2.0%
Italy39.8N/AN/A973190.2%
Japan5553595005922.2%
Singapore20510130152837.1%
China1381.2N/A46650.0%
South Korea575N/AN/A442-8.4%
Malaysia399N/AN/A388-0.9%
United States2,290282568267-51.1%
RussiaN/AN/AN/A1940%
Others329N/A6.8270-6.4%
Total7,6391,3322,0536,518-5.2%

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

  1. Taiwan (Chinese) (185.2 tons)
  2. South Korea (133.1 tons)
  3. Germany (90.8 tons)
  4. Japan (87.8 tons)
  5. Russia (87.8 tons)
  6. Italy (82.3 tons)
  7. Malaysia (64.5 tons)
  8. Singapore (62.8 tons)
  9. United States (51.3 tons)
  10. China (42.7 tons)

Source: IndexBox Market Intelligence Platform

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