Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United States - 2023

Contents:

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

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

The average export price for silicon; containing by weight not less than 99.99% of silica stood at $36,340 per ton in 2022, picking up by 54% against the previous year. In general, the export price showed a mild expansion. The export price peaked at $38,858 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($44,230 per ton), while the average price for exports to Taiwan (Chinese) ($22,309 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 Vietnam (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for silicon; containing by weight not less than 99.99% of silica stood at $82,113 per ton in 2022, surging by 24% against the previous year. Over the period under review, the import price enjoyed a moderate expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 34%. As a result, import price attained the peak level of $90,704 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($129,812 per ton), while the price for Norway ($7,362 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United States

In 2022, exports of silicon; containing by weight not less than 99.99% of silica from the United States dropped to 45K tons, waning by -7.2% compared with the previous year's figure. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 75%. As a result, the exports reached the peak of 48K tons, and then contracted in the following year.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica soared to $1.6B in 2022. In general, exports, however, enjoyed significant growth. 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan35836646149211.2%
Vietnam51.245.6115476110.3%
Germany95.017113216219.5%
China53.462.993.511228.0%
Malaysia28.225.067.110856.5%
Taiwan (Chinese)43.614.569.610433.6%
Singapore1.019.033.355.3281.0%
South Korea14691.811433.4-38.8%
Others26.522.146.579.344.1%
Total8038181,1321,62226.4%

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

  1. Vietnam (12.9K tons)
  2. Japan (11.1K tons)
  3. Germany (5.0K tons)
  4. Taiwan (Chinese) (4.6K tons)
  5. China (3.2K tons)
  6. Malaysia (2.5K tons)
  7. Singapore (2.0K tons)
  8. South Korea (0.8K tons)

Imports of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United States

In 2022, approx. 2K tons of silicon; containing by weight not less than 99.99% of silica were imported into the United States; picking up by 6.8% against the year before. In general, imports saw a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 114% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica skyrocketed to $167M in 2022. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)20.930.247.784.259.1%
Germany29.628.356.255.823.5%
China8.48.95.415.823.4%
Japan36.010.511.18.8-37.5%
Norway0.50.30.20.50.0%
Others18.82.45.01.6-56.0%
Total11480.612516713.6%

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

  1. Germany (721.0 tons)
  2. Taiwan (Chinese) (648.4 tons)
  3. China (372.7 tons)
  4. Japan (172.4 tons)
  5. Norway (69.0 tons)

Source: IndexBox Market Intelligence Platform

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