Price for Carbides; of Silicon, Whether or Not Chemically Defined in the UK - 2023
Contents:
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in the UK (CIF) - 2023
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in the UK (FOB) - 2023
- Imports of Carbides; of Silicon, Whether or Not Chemically Defined in the UK
- Exports of Carbides; of Silicon, Whether or Not Chemically Defined in the UK
Price for Carbides; of Silicon, Whether or Not Chemically Defined in the UK (CIF) - 2023
The average import price for carbides; of silicon, whether or not chemically defineds stood at $2,645 per ton in December 2023, rising by 16% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +4.2%. The growth pace was the most rapid in March 2023 when the average import price increased by 54% m-o-m. As a result, import price attained the peak level of $2,785 per ton. From April 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($11,341 per ton), while the price for South Africa ($1,075 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Norway (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbides; of Silicon, Whether or Not Chemically Defined in the UK (FOB) - 2023
In December 2023, the average export price for carbides; of silicon, whether or not chemically defineds amounted to $3,948 per ton, waning by -26.3% against the previous month. In general, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 324% month-to-month. As a result, the export price reached the peak level of $13,731 per ton. From September 2023 to December 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Poland ($5,216 per ton), while the average price for exports to Germany ($1,079 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-0.0%), while the prices for the other major destinations experienced a decline.
Imports of Carbides; of Silicon, Whether or Not Chemically Defined in the UK
In 2022, the amount of carbides; of silicon, whether or not chemically defineds imported into the UK soared to 9.4K tons, growing by 50% against 2021 figures. Over the period under review, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of carbides; of silicon, whether or not chemically defineds surged to $19M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbides; of Silicon, Whether or Not Chemically Defined in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.0 | 0.8 | 1.0 | 2.8 | 40.9% |
| Brazil | 1.8 | 1.2 | 0.9 | 2.4 | 10.1% |
| South Africa | 1.1 | 0.9 | 0.9 | 2.3 | 27.9% |
| Norway | 1.8 | 1.4 | 2.3 | 2.0 | 3.6% |
| Spain | 0.4 | 1.4 | 1.6 | 1.6 | 58.7% |
| Sweden | N/A | N/A | N/A | 1.4 | 0% |
| Germany | 1.1 | 1.4 | 2.7 | 1.3 | 5.7% |
| Belgium | 0.2 | 0.1 | 0.6 | 1.3 | 86.6% |
| Russia | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 1.6 | 1.3 | 2.0 | 3.8 | 33.4% |
| Total | 9.5 | 8.6 | 12.1 | 18.9 | 25.8% |
Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to the UK in 2022:
- China (2008.7 tons)
- South Africa (1779.4 tons)
- Brazil (1399.5 tons)
- Spain (1025.6 tons)
- Norway (574.9 tons)
- Sweden (523.0 tons)
- Belgium (443.6 tons)
- Germany (404.5 tons)
- Russia (78.8 tons)
Exports of Carbides; of Silicon, Whether or Not Chemically Defined in the UK
In 2022, after two years of decline, there was significant growth in shipments abroad of carbides; of silicon, whether or not chemically defineds, when their volume increased by 45% to 383 tons. Over the period under review, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of carbides; of silicon, whether or not chemically defineds skyrocketed to $1.6M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% 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 +48.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carbides; of Silicon, Whether or Not Chemically Defined in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 402 | 362 | 182 | 320 | -7.3% |
| Egypt | 144 | N/A | 80.2 | 249 | 20.0% |
| Poland | 61.3 | 42.1 | 116 | 243 | 58.3% |
| Ireland | 83.8 | 99.1 | 61.9 | 186 | 30.4% |
| France | 70.4 | 22.0 | 137 | 50.2 | -10.7% |
| Saudi Arabia | 3.3 | N/A | 5.3 | 41.0 | 131.6% |
| Sweden | 67.6 | 40.6 | 35.0 | 39.4 | -16.5% |
| Belgium | 7.4 | 33.9 | 43.2 | 39.2 | 74.3% |
| Israel | 42.6 | 42.9 | 58.1 | 35.0 | -6.3% |
| Tanzania | 48.8 | 68.1 | 52.1 | N/A | 3.3% |
| Kenya | N/A | 160 | N/A | N/A | 0% |
| Uganda | 47.8 | N/A | N/A | N/A | 0% |
| Austria | 69.3 | 0.5 | N/A | N/A | -99.3% |
| Others | 208 | 186 | 298 | 362 | 20.3% |
| Total | 1,255 | 1,057 | 1,069 | 1,565 | 7.6% |
Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from the UK in 2022:
- Egypt (68.6 tons)
- Germany (66.8 tons)
- Ireland (56.4 tons)
- Poland (54.6 tons)
- Saudi Arabia (26.1 tons)
- Belgium (22.4 tons)
- France (18.5 tons)
- Sweden (10.6 tons)
- Israel (5.9 tons)
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