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

Contents:

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

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

In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $1,417 per ton, with a decrease of -57.7% against the previous year. Overall, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 68% against the previous year. Over the period under review, average import prices reached the peak figure at $5,466 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +18.6% per year.

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

In 2022, the average export price for silicon; containing by weight not less than 99.99% of silica amounted to $16,000 per ton, which is down by -35.9% against the previous year. In general, the export price, however, continues to indicate perceptible growth. The growth pace was the most rapid in 2013 when the average export price increased by 66%. Over the period under review, the average export prices attained the maximum at $28,000 per ton in 2015; however, from 2016 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 Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +10.2% per year.

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

In 2022, approx. 199 kg of silicon; containing by weight not less than 99.99% of silica were imported into Kenya; dropping by -89.4% against the year before. In general, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 874% against the previous year. As a result, imports reached the peak of 1.9 tons, and then contracted dramatically in the following year.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica fell significantly to $282 in 2022. Overall, imports saw a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 1,119% against the previous year. As a result, imports attained the peak of $6.3K, and then contracted dramatically in the following year.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A2820%
China5841291,260N/A46.9%
India49.035.0434N/A197.6%
United Arab Emirates8042733,935N/A121.2%
Taiwan (Chinese)27269.0603N/A48.9%
Others45.010.059.0N/A14.5%
Total1,7545166,291282-45.6%

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

  1. Turkey (199.0 kg)

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

In 2022, shipments abroad of silicon; containing by weight not less than 99.99% of silica decreased by -90.9% to 2 kg, falling for the second consecutive year after two years of growth. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 1,525% against the previous year. As a result, the exports reached the peak of 65 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica shrank dramatically to $32 in 2022. Overall, exports saw a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 1,872% against the previous year. As a result, the exports attained the peak of $1.1K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
RwandaN/AN/AN/A32.00%
Uganda48.01,065549N/A238.2%
Others6.0N/AN/AN/A0%
Total54.01,06554932.0-16.0%

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

  1. Rwanda (2.0 kg)

Source: IndexBox Market Intelligence Platform

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