Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Turkey - 2024

Contents:

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

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

The average import price for silicon; containing by weight not less than 99.99% of silica stood at $30,707 per ton in 2022, with an increase of 205% against the previous year. Over the period under review, the import price showed a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 425%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 the United States ($35,359 per ton), while the price for Germany stood at $9,963 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for silicon; containing by weight not less than 99.99% of silica stood at $4,943 per ton in 2022, increasing by 36% against the previous year. In general, the export price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 170% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($116,667 per ton), while the average price for exports to Malaysia amounted to $4,049 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+57.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of silicon; containing by weight not less than 99.99% of silica decreased by -32.6% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 52,165% against the previous year.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica skyrocketed to $35M in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 41,461% against the previous year. Over the period under review, imports of reached the maximum 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 Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A0.81.332.5537.4%
GermanyN/A7.315.42.1-46.4%
NorwayN/A0.4N/AN/A0%
OthersN/AN/A0.30.2-33.3%
TotalN/A8.516.934.8102.3%

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

  1. United States (920.0 tons)
  2. Germany (205.9 tons)

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

In 2022, overseas shipments of silicon; containing by weight not less than 99.99% of silica decreased by -18.6% to 61 tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 481% against the previous year. As a result, the exports reached the peak of 75 tons, and then shrank dramatically in the following year.

In value terms, exports of silicon; containing by weight not less than 99.99% of silica rose remarkably to $303K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 956%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Turkey (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
MalaysiaN/AN/A2460%
TajikistanN/A53.9N/A0%
Uzbekistan21.2176N/A730.2%
Azerbaijan4.8N/AN/A0%
BangladeshN/A32.3N/A0%
OthersN/A11.957.0379.0%
Total26.0274303241.4%

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

  1. Malaysia (60.9 tons)

Source: IndexBox Market Intelligence Platform

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