Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka - 2022
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka (CIF) - 2022
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka (FOB) - 2022
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka
- Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka (CIF) - 2022
The average import price for silicon; containing by weight less than 99.99% of silica stood at $2,086 per ton in 2022, falling by -23.8% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 26% against the previous year. Over the period under review, average import prices reached the peak figure at $4,081 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 China ($3,414 per ton), while the price for India stood at $1,734 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced a decline.
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka (FOB) - 2022
In 2022, the average export price for silicon; containing by weight less than 99.99% of silica amounted to $16,351 per ton, jumping by 267% against the previous year. In general, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +17.9% per year.
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka
In 2022, purchases abroad of silicon; containing by weight less than 99.99% of silica was finally on the rise to reach 31 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp downturn.
In value terms, imports of silicon; containing by weight less than 99.99% of silica surged to $64K in 2022. Over the period under review, imports, however, saw a sharp shrinkage.
| Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 107 | 63.2 | 6.8 | 42.5 | -26.5% |
| China | 25.9 | 7.8 | 3.9 | 21.2 | -6.5% |
| South Korea | 66.0 | 98.8 | 27.9 | N/A | -35.0% |
| United States | 12.5 | 7.2 | 1.4 | N/A | -66.5% |
| Others | 5.1 | 4.4 | 2.1 | 0.5 | -53.9% |
| Total | 217 | 181 | 42.2 | 64.2 | -33.4% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Sri Lanka in 2022:
- India (24.5 tons)
- China (6.2 tons)
Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka
In 2022, approx. 37 kg of silicon; containing by weight less than 99.99% of silica were exported from Sri Lanka; falling by -98.7% on the previous year. Overall, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 2,093%. As a result, the exports reached the peak of 2.9 tons, and then contracted dramatically in the following year.
In value terms, exports of silicon; containing by weight less than 99.99% of silica reduced rapidly to $605 in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 2,677% against the previous year. As a result, the exports reached the peak of $13K, and then contracted notably in the following year.
| Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 0.6 | 0% |
| India | 2.2 | 0.1 | 6.7 | N/A | 74.5% |
| Indonesia | N/A | N/A | 4.9 | N/A | 0% |
| Maldives | 0.2 | 0.2 | 0.8 | N/A | 100.0% |
| Others | 0.2 | 0.1 | 0.4 | N/A | 41.4% |
| Total | 2.5 | 0.5 | 12.9 | 0.6 | -37.9% |
Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Sri Lanka in 2022:
- Vietnam (37.0 kg)
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