UK Silicon Dioxide Price Soars to $4,581 per Ton
United Kingdom Silicon Dioxide Export Price
In March 2023, the silicon dioxide price stood at $4,581 per ton (FOB, United Kingdom), growing by 51% against the previous month.
Over the period from March 2022 to March 2023, it increased at an average monthly rate of +2.1%.
As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination:
the country with the highest price was Sweden ($21,201 per ton), while the average price for exports to Thailand ($748 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
United Kingdom Silicon Dioxide Exports
In March 2023, approximately 1.8K tons of silicon dioxide were exported from the UK; waning by -24.4% compared with the previous month's figure. In general, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in February 2023 with an increase of 51% month-to-month. In value terms, silicon dioxide exports expanded rapidly to $8.1M (IndexBox estimates) in March 2023. Overall, exports recorded a noticeable curtailment. The growth pace was the most rapid in February 2023 when exports increased by 26% m-o-m.
United Kingdom Silicon Dioxide
Exports by Country
Belgium (298 tons), the United States (252 tons) and Thailand (247 tons) were the main destinations of silicon dioxide exports from the UK, together accounting for 45% of total exports. China, Poland, India, Italy, the Netherlands, Mexico, Sweden, Bulgaria, Oman and Ireland lagged somewhat behind, together accounting for a further 43%. From March 2022 to March 2023, the biggest increases were in Ireland (with a CAGR of +6.0%), while shipments for the other leaders experienced more modest paces of
growth. In value terms, the largest markets for silicon dioxide exported from the UK were Belgium ($1.7M), the United States ($1.2M) and Sweden ($973K), with a combined 47% share of total exports. Among the main countries of destination, Sweden, with a CAGR of +13.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth. The Source: https://www.indexbox.io/blog/united-kingdom-silicon-dioxide-price-in-march-2023/
Silicon Prices 2022
Silicon Dioxide Price per Ton May 2022 U.S.
The silicon dioxide price per ton stood at $2,699 (CIF, US) in May 2022, reducing by -9.1% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in Apr 2022 an increase of 13% m-o-m. As a result, import price reached the peak level of $2,969 per ton, and then shrank in the following month. Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,496 per ton), while the price for Norway ($1,340 per ton) was amongst the lowest. From Jan 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Norway (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth. U.S. Silicon Dioxide Price per Ton May 2022 - IndexBox U.S. Silicon Dioxide Imports Silicon dioxide imports into the United States expanded significantly to 17K tons in May 2022, surging by 14% compared with Apr 2022 figures. The total import volume increased at an average monthly rate of +8.4% over the period from Jan 2022 to May 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The growth pace was the most rapid in Feb 2022 when imports increased by 20% against the previous month. Imports peaked in May 2022 and are expected to retain growth in the near future. In value terms, silicon dioxide imports rose slightly to $45M (IndexBox estimates) in May 2022. The total import value increased at an average monthly rate of +9.2% from Jan 2022 to May 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in Feb 2022 with an increase of 16% month-to-month. Imports peaked in May 2022 and are likely to continue growth in the near future. U.S. Silicon Dioxide Imports by Country In May 2022, China (11K tons) constituted the largest silicon dioxide supplier to the United States, accounting for a 68% share of total imports. Moreover, silicon dioxide imports from China exceeded the figures recorded by the second-largest supplier, Japan (1.3K tons), ninefold. The third position in this ranking was held by Germany (969 tons), with a 5.8% share. From Jan 2022 to May 2022, the average monthly rate of growth in terms of volume from China totaled +8.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+21.2% per month) and Germany (-7.8% per month). In value terms, China ($20M) constituted the largest supplier of silicon dioxide to the United States, comprising 43% of total imports. The second position in the ranking was taken by Japan ($8.9M), with a 20% share of total imports. It was followed by Germany, with a 16% share. From Jan 2022 to May 2022, the average monthly rate of growth in terms of value from China stood at +10.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+21.5% per month) and Germany (-2.4% per month). The source: IndexBox Market Intelligence Platform: https://www.indexbox.io/blog/silicon-dioxide-price-per-ton-may-2022/
The silicon dioxide price per ton stood at $2,699 (CIF, US) in May 2022, reducing by -9.1% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in Apr 2022 an increase of 13% m-o-m. As a result, import price reached the peak level of $2,969 per ton, and then shrank in the following month. Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,496 per ton), while the price for Norway ($1,340 per ton) was amongst the lowest. From Jan 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Norway (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth. U.S. Silicon Dioxide Price per Ton May 2022 - IndexBox U.S. Silicon Dioxide Imports Silicon dioxide imports into the United States expanded significantly to 17K tons in May 2022, surging by 14% compared with Apr 2022 figures. The total import volume increased at an average monthly rate of +8.4% over the period from Jan 2022 to May 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The growth pace was the most rapid in Feb 2022 when imports increased by 20% against the previous month. Imports peaked in May 2022 and are expected to retain growth in the near future. In value terms, silicon dioxide imports rose slightly to $45M (IndexBox estimates) in May 2022. The total import value increased at an average monthly rate of +9.2% from Jan 2022 to May 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in Feb 2022 with an increase of 16% month-to-month. Imports peaked in May 2022 and are likely to continue growth in the near future. U.S. Silicon Dioxide Imports by Country In May 2022, China (11K tons) constituted the largest silicon dioxide supplier to the United States, accounting for a 68% share of total imports. Moreover, silicon dioxide imports from China exceeded the figures recorded by the second-largest supplier, Japan (1.3K tons), ninefold. The third position in this ranking was held by Germany (969 tons), with a 5.8% share. From Jan 2022 to May 2022, the average monthly rate of growth in terms of volume from China totaled +8.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+21.2% per month) and Germany (-7.8% per month). In value terms, China ($20M) constituted the largest supplier of silicon dioxide to the United States, comprising 43% of total imports. The second position in the ranking was taken by Japan ($8.9M), with a 20% share of total imports. It was followed by Germany, with a 16% share. From Jan 2022 to May 2022, the average monthly rate of growth in terms of value from China stood at +10.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+21.5% per month) and Germany (-2.4% per month). The source: IndexBox Market Intelligence Platform: https://www.indexbox.io/blog/silicon-dioxide-price-per-ton-may-2022/