Price for Carbides; of Silicon, Whether or Not Chemically Defined in Thailand - 2024
Contents:
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in Thailand (CIF) - 2024
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in Thailand (FOB) - 2022
- Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Thailand
- Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Thailand
Price for Carbides; of Silicon, Whether or Not Chemically Defined in Thailand (CIF) - 2024
In January 2024, the average import price for carbides; of silicon, whether or not chemically defineds amounted to $1,223 per ton, rising by 11% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 183% m-o-m. As a result, import price reached the peak level of $3,386 per ton. From August 2023 to January 2024, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was India ($1,711 per ton), while the price for China totaled $1,192 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (+7.9%).
Price for Carbides; of Silicon, Whether or Not Chemically Defined in Thailand (FOB) - 2022
The average export price for carbides; of silicon, whether or not chemically defineds stood at $9,120 per ton in 2022, declining by -19.4% against the previous year. Overall, the export price, however, recorded a measured expansion. The pace of growth was the most pronounced in 2017 an increase of 274% against the previous year. Over the period under review, the average export prices hit record highs at $11,318 per ton in 2021, and then declined sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($13,385 per ton), while the average price for exports to Japan ($1,056 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 India (+1.7%), while the prices for the other major destinations experienced a decline.
Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Thailand
Imports of carbides; of silicon, whether or not chemically defineds into Thailand skyrocketed to 9.8K tons in 2022, with an increase of 17% against the previous year. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 71% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of carbides; of silicon, whether or not chemically defineds soared to $17M in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 89% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Carbides; of Silicon, Whether or Not Chemically Defined in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.9 | 4.7 | 9.2 | 14.9 | 44.9% |
| Germany | 0.6 | N/A | 0.3 | 0.4 | -12.6% |
| Vietnam | N/A | N/A | 0.1 | 0.2 | 100.0% |
| India | 0.7 | 0.2 | 0.1 | 0.1 | -47.7% |
| Others | 0.6 | 0.6 | 1.0 | 1.1 | 22.4% |
| Total | 6.8 | 5.7 | 10.7 | 16.7 | 34.9% |
Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to Thailand in 2022:
- China (9.3K tons)
- Vietnam (0.2K tons)
- India (0.1K tons)
- Germany (0.1K tons)
Exports of Carbides; of Silicon, Whether or Not Chemically Defined in Thailand
In 2022, shipments abroad of carbides; of silicon, whether or not chemically defineds decreased by -11.6% to 15 tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 159% against the previous year. As a result, the exports attained the peak of 34 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of carbides; of silicon, whether or not chemically defineds dropped dramatically to $134K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 51%.
| Export of Carbides; of Silicon, Whether or Not Chemically Defined in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 85.1 | 91.8 | 174 | 115 | 10.6% |
| Singapore | 3.3 | 5.7 | 10.4 | 7.5 | 31.5% |
| Maldives | N/A | N/A | N/A | 3.7 | 0% |
| Vietnam | 1.5 | 1.8 | 0.7 | 2.6 | 20.1% |
| India | 0.1 | N/A | N/A | 2.2 | 180.2% |
| Japan | N/A | 0.7 | N/A | 1.8 | 60.4% |
| Lao People's Democratic Republic | 3.3 | 13.3 | 2.7 | 1.2 | -28.6% |
| China | N/A | 27.1 | N/A | N/A | 0% |
| Others | N/A | 0.3 | 0.3 | 0.3 | 0.0% |
| Total | 93.3 | 141 | 189 | 134 | 12.8% |
Top Export Markets for Carbides; of Silicon, Whether or Not Chemically Defined from Thailand in 2022:
- Hong Kong SAR (8.6 tons)
- Japan (1.7 tons)
- Singapore (1.4 tons)
- Maldives (0.9 tons)
- India (0.9 tons)
- Vietnam (0.9 tons)
- Lao People's Democratic Republic (0.2 tons)
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