Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain - 2022

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain (CIF) - 2022
  2. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain (FOB) - 2022
  3. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain
  4. Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain (CIF) - 2022

The average import price for silicon; containing by weight less than 99.99% of silica stood at $4,361 per ton in 2022, increasing by 43% against the previous year. Overall, the import price enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 an increase of 75%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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 +5.2% per year.

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain (FOB) - 2022

The average export price for silicon; containing by weight less than 99.99% of silica stood at $1,130 per ton in 2022, declining by -63.7% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by 479% against the previous year. As a result, the export price reached the peak level of $8,586 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,667 per ton), while the average price for exports to the United Arab Emirates ($882 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 Saudi Arabia (+3.2%), while the prices for the other major destinations experienced a decline.

Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain

In 2022, approx. 25K tons of silicon; containing by weight less than 99.99% of silica were imported into Bahrain; picking up by 51% on the year before. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of silicon; containing by weight less than 99.99% of silica soared to $109M in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.420.943.410967.0%
MalaysiaN/A0.87.00.4-29.3%
OthersN/A0.30.40.1-42.3%
Total23.422.050.710967.0%

Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Bahrain in 2022:

  1. China (25.0K tons)

Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain

In 2022, approx. 215 kg of silicon; containing by weight less than 99.99% of silica were exported from Bahrain; waning by -82.2% against the previous year. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,623%. As a result, the exports reached the peak of 1.2 tons, and then dropped rapidly in the following year.

In value terms, exports of silicon; containing by weight less than 99.99% of silica fell notably to $243 in 2022. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 524%. As a result, the exports reached the peak of $3.8K, and then fell dramatically in the following year.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SenegalN/AN/A3,752118-96.9%
United Arab EmiratesN/AN/AN/A75.00%
GermanyN/AN/AN/A50.00%
Bangladesh203601N/AN/A196.1%
OthersN/AN/AN/AN/A0%
Total2036013,7522436.2%

Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Bahrain in 2022:

  1. Senegal (100.0 kg)
  2. United Arab Emirates (85.0 kg)
  3. Germany (30.0 kg)

Source: IndexBox Market Intelligence Platform

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