Price for Carbides; of Silicon, Whether or Not Chemically Defined in Turkey - 2024

Contents:

  1. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Turkey (CIF) - 2022
  2. Price for Carbides; of Silicon, Whether or Not Chemically Defined in Turkey (FOB) - 2022
  3. Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Turkey
  4. Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Turkey

Price for Carbides; of Silicon, Whether or Not Chemically Defined in Turkey (CIF) - 2022

In 2022, the average import price for carbides; of silicon, whether or not chemically defineds amounted to $1,683 per ton, surging by 53% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbides; of silicon, whether or not chemically defineds increased by +79.7% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 India ($2,605 per ton), while the price for Romania ($1,091 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+4.6%), 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 Turkey (FOB) - 2022

In 2022, the average export price for carbides; of silicon, whether or not chemically defineds amounted to $2,377 per ton, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 29%. Over the period under review, the average export prices reached the peak figure 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 China ($5,000 per ton), while the average price for exports to Azerbaijan ($1,500 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 Iraq (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Turkey

In 2022, the amount of carbides; of silicon, whether or not chemically defineds imported into Turkey was estimated at 18K tons, rising by 4.6% compared with the previous year. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of carbides; of silicon, whether or not chemically defineds soared to $31M in 2022. Overall, imports continue to indicate 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 Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.32.63.613.9120.3%
Iran1.71.43.96.758.0%
Russia2.83.13.64.718.8%
Romania2.02.93.91.8-3.5%
Ukraine1.80.41.71.0-17.8%
Germany0.40.40.50.826.0%
Norway0.10.30.60.791.3%
Spain0.50.40.50.3-15.7%
Others0.30.50.90.732.6%
Total10.912.019.130.641.1%

Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to Turkey in 2022:

  1. China (7.4K tons)
  2. Iran (4.1K tons)
  3. Russia (3.2K tons)
  4. Romania (1.6K tons)
  5. Ukraine (0.7K tons)
  6. Norway (0.4K tons)
  7. Germany (0.3K tons)
  8. Spain (0.1K tons)

Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Turkey

In 2022, exports of carbides; of silicon, whether or not chemically defineds from Turkey reduced dramatically to 13 tons, with a decrease of -70.4% compared with the previous year. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 124% against the previous year.

In value terms, exports of carbides; of silicon, whether or not chemically defineds fell sharply to $32K in 2022. Overall, exports recorded a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 146%.

Export of Carbides; of Silicon, Whether or Not Chemically Defined in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UzbekistanN/AN/AN/A14.00%
United KingdomN/AN/A1.04.6360.0%
KazakhstanN/AN/AN/A3.70%
AzerbaijanN/AN/A20.01.5-92.5%
United StatesN/AN/A0.70.4-42.9%
SpainN/AN/A0.20.4100.0%
Russia7.7N/AN/AN/A0%
FranceN/AN/A31.7N/A0%
Iran88.710.9N/AN/A-87.7%
Iraq16.210.113.8N/A-7.7%
Saudi Arabia17.97.0N/AN/A-60.9%
Others7.17.419.77.0-0.5%
Total13835.487.131.6-38.8%

Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from Turkey in 2022:

  1. Uzbekistan (8.0 tons)
  2. United Kingdom (1.5 tons)
  3. Azerbaijan (1.0 tons)
  4. Kazakhstan (1.0 tons)
  5. United States (0.2 tons)
  6. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform

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