Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Ecuador - 2022
Contents:
- Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Ecuador (CIF) - 2022
- Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Ecuador
Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Ecuador (CIF) - 2022
The average import price for silicon; containing by weight less than 99.99% of silica stood at $6,229 per ton in 2022, picking up by 94% against the previous year. Over the period under review, the import price enjoyed a prominent increase. As a result, import price attained 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 +13.1% per year.
Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Ecuador
In 2022, the amount of silicon; containing by weight less than 99.99% of silica imported into Ecuador reduced rapidly to 47 tons, which is down by -31% against 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 218% against the previous year. As a result, imports attained the peak of 68 tons, and then dropped sharply in the following year.
In value terms, imports of silicon; containing by weight less than 99.99% of silica surged to $293K in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 414% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.6 | 20.2 | 139 | 293 | 80.8% |
| Hong Kong SAR | 5.0 | 3.2 | 8.2 | N/A | 28.1% |
| South Korea | 9.7 | 6.8 | 19.0 | N/A | 40.0% |
| Germany | 5.6 | 3.3 | 7.3 | N/A | 14.2% |
| Mexico | 8.8 | 5.9 | 15.3 | N/A | 31.9% |
| Others | 5.0 | 3.2 | 30.7 | N/A | 147.8% |
| Total | 83.7 | 42.6 | 219 | 293 | 51.8% |
Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Ecuador in 2022:
- China (47.0 tons)
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