Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Egypt - 2023

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Egypt (CIF) - 2022
  2. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Egypt

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

In 2022, the average import price for silicon; containing by weight less than 99.99% of silica amounted to $3,900 per ton, surging by 71% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 less than 99.99% of silica increased by +105.5% against 2020 indices. 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 Brazil amounted to +3.9% per year.

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

In 2022, purchases abroad of silicon; containing by weight less than 99.99% of silica was finally on the rise to reach 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep downturn.

In value terms, imports of silicon; containing by weight less than 99.99% of silica soared to $11M in 2022. Over the period under review, imports continue to indicate a modest expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.11.80.310.910.4%
Brazil2.40.7N/AN/A-70.8%
OthersN/AN/AN/AN/A0%
Total10.52.60.310.91.3%

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

  1. China (2.8K tons)

Source: IndexBox Market Intelligence Platform

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