Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Thailand - 2024
Contents:
- Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Thailand (CIF) - 2022
- Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Thailand (FOB) - 2022
- Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Thailand
- Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Thailand
Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Thailand (CIF) - 2022
In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $14,387 per ton, dropping by -29.6% against the previous year. Overall, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2015 an increase of 86%. Over the period under review, average import prices hit record highs at $33,937 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Norway ($19,333 per ton), while the price for Italy ($607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Thailand (FOB) - 2022
The average export price for silicon; containing by weight not less than 99.99% of silica stood at $19,725 per ton in 2021, with an increase of 301% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to +59.0% per year.
Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Thailand
In 2022, purchases abroad of silicon; containing by weight not less than 99.99% of silica decreased by -5.6% to 16 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 116% against the previous year.
In value terms, imports of silicon; containing by weight not less than 99.99% of silica shrank notably to $224K in 2022. Overall, imports, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2020 with an increase of 116%. As a result, imports reached the peak of $452K. 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 Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 93.1 | 201 | 106 | 105 | 4.1% |
Norway | 73.5 | 45.5 | 59.6 | 105 | 12.6% |
Italy | N/A | N/A | N/A | 0.4 | 0% |
China | 42.7 | 204 | 161 | N/A | 94.2% |
Others | 0.5 | 1.8 | 11.2 | 13.5 | 200.0% |
Total | 210 | 452 | 338 | 224 | 2.2% |
Top Suppliers of Silicon; Containing by Weight Not Less than 99.99% of Silicon to Thailand in 2022:
- Germany (9.4 tons)
- Norway (5.4 tons)
- Italy (0.7 tons)
Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Thailand
In 2021, exports of silicon; containing by weight not less than 99.99% of silica from Thailand skyrocketed to 4 tons, jumping by 16,000% against the year before. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of silicon; containing by weight not less than 99.99% of silica surged to $79K in 2021. Overall, exports posted a significant expansion. As a result, the exports attained 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 Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
China | N/A | 79.3 | 0% | ||
Others | 0.1 | 0.1 | 0.0% | ||
Total | 0.1 | 79.4 | 79300.0% |
Top Export Markets for Silicon; Containing by Weight Not Less than 99.99% of Silicon from Thailand in 2022:
- China (4.0 tons)
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From 2022 to 2023, Silicon imports did not see a resurgence in growth. The value of Silicon imports fell sharply to $114M in 2023.
The growth rate of Silicon was most rapid in October 2023, with a month-to-month increase of 73%. In terms of value, imports of Silicon slightly expanded to $8.2M in November 2023.
May 2023 saw the silicon price remain at $3,027 per ton (CIF, Thailand) compared to the previous month.
In July 2023, the Argon cost $788 per thousand cubic meters (CIF, Thailand), increasing by 3% compared to the previous month.
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