Price for Silicon; Containing by Weight Not Less than 99.99% of Silicon in Bahrain - 2022

Contents:

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

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

In 2022, the average import price for silicon; containing by weight not less than 99.99% of silica amounted to $3,401 per ton, jumping by 56% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 silicon; containing by weight not less than 99.99% of silica increased by +78.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.8% per year.

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

In 2022, the average export price for silicon; containing by weight not less than 99.99% of silica amounted to $1,080 per ton, which is down by -77.7% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 76% against the previous year. The export price peaked at $6,219 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +12.5% per year.

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

In 2022, the amount of silicon; containing by weight not less than 99.99% of silica imported into Bahrain reduced notably to 3.4K tons, with a decrease of -36.1% compared with the previous year. Overall, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 139% against the previous year. As a result, imports attained the peak of 5.3K tons, and then contracted markedly in the following year.

In value terms, imports of silicon; containing by weight not less than 99.99% of silica declined slightly to $11M in 2022. Over the period under review, imports, however, posted resilient growth. The growth pace was the most rapid in 2021 with an increase of 174% against the previous year. As a result, imports attained the peak of $11M, leveling off in the following year.

Import of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.83.710.911.413.5%
Netherlands0.10.20.2N/A41.4%
Others0.10.20.3N/A73.2%
Total8.04.211.511.412.5%

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

  1. China (3.4K tons)

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

In 2022, approx. 1 tons of silicon; containing by weight not less than 99.99% of silica were exported from Bahrain; growing by 1,900% on the year before. In general, exports posted a significant expansion. 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 not less than 99.99% of silica surged to $1.1K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silicon; Containing by Weight Not Less than 99.99% of Silicon in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/AN/AN/A1,0800%
Iraq33.011.020.0N/A-22.2%
United Arab Emirates247103222N/A-5.2%
OthersN/AN/AN/AN/A0%
Total2801142421,08056.8%

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

  1. Cote d'Ivoire (1.0 tons)

Source: IndexBox Market Intelligence Platform

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