Price for Carbides; of Silicon, Whether or Not Chemically Defined in India - 2023
Contents:
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in India (CIF) - 2023
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in India (FOB) - 2022
- Imports of Carbides; of Silicon, Whether or Not Chemically Defined in India
- Exports of Carbides; of Silicon, Whether or Not Chemically Defined in India
Price for Carbides; of Silicon, Whether or Not Chemically Defined in India (CIF) - 2023
The average import price for carbides; of silicon, whether or not chemically defineds stood at $1,314 per ton in November 2023, almost unchanged from the previous month. Overall, the import price recorded a noticeable contraction. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 5.6% month-to-month. The import price peaked at $1,683 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Russia ($1,402 per ton) and Bhutan ($1,376 per ton), while the price for China ($1,255 per ton) and Vietnam ($1,313 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Russia (-1.4%), while the prices for the other major suppliers experienced a decline.
Price for Carbides; of Silicon, Whether or Not Chemically Defined in India (FOB) - 2022
In 2022, the average export price for carbides; of silicon, whether or not chemically defineds amounted to $2,341 per ton, rising by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($3,048 per ton), while the average price for exports to Finland ($1,894 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 South Korea (+10.7%), 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 India
In 2022, approx. 44K tons of carbides; of silicon, whether or not chemically defineds were imported into India; which is down by -13% against the previous year. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of 50K tons, and then dropped in the following year.
In value terms, imports of carbides; of silicon, whether or not chemically defineds soared to $71M in 2022. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 51%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Carbides; of Silicon, Whether or Not Chemically Defined in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.5 | 9.9 | 22.4 | 23.7 | 17.8% |
| Vietnam | 7.4 | 9.6 | 13.0 | 22.8 | 45.5% |
| Russia | 7.3 | 10.3 | 11.6 | 8.7 | 6.0% |
| Bhutan | 10.1 | 5.5 | 4.2 | 6.4 | -14.1% |
| Hong Kong SAR | 0.7 | N/A | 2.8 | 4.4 | 84.6% |
| Others | 1.7 | 2.2 | 2.7 | 4.5 | 38.3% |
| Total | 41.7 | 37.5 | 56.6 | 70.5 | 19.1% |
Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to India in 2022:
- Vietnam (14.7K tons)
- China (14.0K tons)
- Russia (6.7K tons)
- Bhutan (4.0K tons)
- Hong Kong SAR (2.6K tons)
Exports of Carbides; of Silicon, Whether or Not Chemically Defined in India
In 2022, overseas shipments of carbides; of silicon, whether or not chemically defineds decreased by -4.3% to 4K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a noticeable descent. The growth pace was the most rapid in 2020 with an increase of 3.4% against the previous year. As a result, the exports attained the peak of 4.6K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of carbides; of silicon, whether or not chemically defineds surged to $9.4M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,182 | 3,342 | 2,714 | 2,230 | 0.7% |
| Germany | 742 | 418 | 561 | 1,701 | 31.9% |
| United Kingdom | 262 | 192 | 770 | 1,015 | 57.1% |
| Spain | 191 | 257 | 221 | 827 | 63.0% |
| Singapore | 933 | 581 | 861 | 671 | -10.4% |
| Sweden | 472 | 407 | 111 | 446 | -1.9% |
| Switzerland | N/A | N/A | 98.6 | 405 | 310.8% |
| Japan | 393 | 233 | 383 | 365 | -2.4% |
| United States | 268 | 279 | 330 | 273 | 0.6% |
| France | 52.3 | 118 | 179 | 223 | 62.2% |
| Portugal | N/A | N/A | 0.7 | 199 | 28328.6% |
| Finland | 331 | 475 | 155 | 153 | -22.7% |
| Thailand | 685 | 201 | 97.6 | 62.7 | -54.9% |
| Others | 1,278 | 1,139 | 1,403 | 838 | -13.1% |
| Total | 7,790 | 7,642 | 7,885 | 9,409 | 6.5% |
Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from India in 2022:
- Poland (1004.0 tons)
- Germany (719.3 tons)
- Spain (432.0 tons)
- United Kingdom (383.7 tons)
- Singapore (220.0 tons)
- Sweden (206.4 tons)
- Switzerland (192.0 tons)
- Japan (127.9 tons)
- France (99.9 tons)
- Portugal (96.0 tons)
- United States (92.3 tons)
- Finland (81.0 tons)
- Thailand (32.5 tons)
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