Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia - 2023
Contents:
- Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia (FOB) - 2022
- Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia (CIF) - 2022
- Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia
- Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia
Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia (FOB) - 2022
The average export price for silicon; containing by weight not less than 99.99% of silica stood at $102,108 per ton in 2022, growing by 220% against the previous year. Overall, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($261,636 per ton), while the average price for exports to Russia ($15,310 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-2.6%).
Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia (CIF) - 2022
In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $142,995 per ton, with an increase of 370% against the previous year. Overall, the import price saw a strong expansion. As a result, import price attained 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 Australia.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +17.0% per year.
Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia
In 2022, approx. 1.9 tons of silicon; containing by weight not less than 99.99% of silica were exported from Latvia; waning by -71% on the previous year's figure. In general, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year.
In value terms, exports of silicon; containing by weight not less than 99.99% of silica dropped to $196K in 2022. Over the period under review, exports faced a abrupt contraction.
| Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 104 | 0% |
| Australia | N/A | N/A | 16.6 | 81.2 | 389.2% |
| Russia | 343 | 278 | 195 | 11.6 | -67.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 343 | 278 | 212 | 196 | -17.0% |
Top Export Markets for Silicon; Containing by Weight Not Less than 99.99% of Silicon from Latvia in 2022:
- Australia (771.0 kg)
- Russia (756.0 kg)
- Turkey (396.0 kg)
Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia
In 2022, supplies from abroad of silicon; containing by weight not less than 99.99% of silica decreased by -97.2% to 213 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2020 when imports increased by 272% against the previous year.
In value terms, imports of silicon; containing by weight not less than 99.99% of silica shrank significantly to $30K in 2022. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 479% against the previous year.
| Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | 18.0 | 30.5 | 69.4% |
| South Korea | 13.3 | N/A | N/A | N/A | 0% |
| Denmark | N/A | 96.9 | 197 | N/A | 103.3% |
| Others | 4.5 | 6.1 | 16.7 | N/A | 92.6% |
| Total | 17.8 | 103 | 232 | 30.5 | 19.7% |
Top Suppliers of Silicon; Containing by Weight Not Less than 99.99% of Silicon to Latvia in 2022:
- Australia (213.0 kg)
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