Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore - 2022

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore (CIF) - 2022
  2. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore (FOB) - 2022
  3. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore
  4. Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore (CIF) - 2022

In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $7,644 per ton, shrinking by -57.3% against the previous year. Over the period under review, the import price recorded a perceptible slump. The growth pace was the most rapid in 2021 an increase of 277%. As a result, import price attained the peak level of $17,916 per ton, and then dropped rapidly in the following year.

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 ($28,248 per ton), while the price for France ($3,379 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore (FOB) - 2022

The average export price for silicon; containing by weight less than 99.99% of silica stood at $4,470 per ton in 2022, waning by -91.9% against the previous year. Over the period under review, the export price, however, saw a moderate increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,033% against the previous year. As a result, the export price attained the peak level of $55,457 per ton, and then declined markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($10,064 per ton), while the average price for exports to China ($1,000 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 Indonesia (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore

In 2022, supplies from abroad of silicon; containing by weight less than 99.99% of silica decreased by -39.9% to 125 tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded strong growth. The growth pace was the most rapid in 2020 with an increase of 156% against the previous year. As a result, imports attained the peak of 214 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of silicon; containing by weight less than 99.99% of silica reduced rapidly to $952K in 2022. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 265% against the previous year. As a result, imports reached the peak of $3.7M, and then shrank dramatically in the following year.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia4421.67.6418-1.8%
Taiwan (Chinese)28.232031.9260109.7%
Japan18225119784.3-22.6%
China63.088.421053.6-5.2%
IrelandN/AN/AN/A15.50%
France3.4N/AN/A8.234.1%
Others84.43573,2671129.9%
Total8021,0173,7139525.9%

Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Singapore in 2022:

  1. Taiwan (Chinese) (54.8 tons)
  2. Malaysia (37.8 tons)
  3. China (12.1 tons)
  4. Japan (10.6 tons)
  5. Ireland (3.2 tons)
  6. France (2.4 tons)

Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore

In 2022, exports of silicon; containing by weight less than 99.99% of silica from Singapore soared to 193 tons, increasing by 291% against the previous year's figure. In general, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of silicon; containing by weight less than 99.99% of silica declined notably to $864K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,573%. As a result, the exports attained the peak of $2.7M, and then fell dramatically in the following year.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia23818.46.448426.7%
Thailand1.10.31.8236498.7%
Taiwan (Chinese)N/AN/A1.547.63073.3%
Indonesia24.042.914647.525.6%
Hong Kong SARN/AN/A2,207N/A0%
Norway84.1N/AN/AN/A0%
Others44.540.937849.63.7%
Total3921032,74186430.1%

Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Singapore in 2022:

  1. Malaysia (127.8 tons)
  2. Thailand (52.4 tons)
  3. Taiwan (Chinese) (8.3 tons)
  4. Indonesia (4.7 tons)

Source: IndexBox Market Intelligence Platform

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