Brazil - Silicon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilicon Prices in Brazil Fluctuate Wildly in 2022, Averaging $4,121 per Ton
Brazil Silicon Export Price in December 2022
In December 2022, the silicon price stood at $4,121 per ton (FOB, Brazil), standing approximately at the previous month. In general, export price indicated a perceptible increase from January 2022 to December 2022: its price increased at an average monthly rate of +2.0% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, silicon export price decreased by +0.2% against October 2022 indices. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 21% m-o-m. Over the period under review, the average export prices attained the peak figure at $5,781 per ton in July 2022; however, from August 2022 to December 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5,834 per ton), while the average price for exports to Japan ($2,816 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Brazil Silicon Exports
In December 2022, the amount of silicon exported from Brazil reduced sharply to 11K tons, declining by -26% compared with the previous month. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in June 2022 with an increase of 129% against the previous month. As a result, the exports reached the peak of 22K tons. From July 2022 to December 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, silicon exports declined dramatically to $47M (IndexBox estimates) in December 2022. In general, exports showed a perceptible setback. The pace of growth was the most pronounced in June 2022 with an increase of 124% against the previous month. As a result, the exports reached the peak of $118M. From July 2022 to December 2022, the growth of the exports failed to regain momentum.
Brazil Silicon Exports by Country
the United States (2.5K tons), the UK (2.3K tons) and Germany (1.7K tons) were the main destinations of silicon exports from Brazil, together comprising 57% of total exports. Japan, the Netherlands, Canada and Malaysia lagged somewhat behind, together comprising a further 34%.
From January 2022 to December 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +76.5%), while the other leaders experienced mixed trend patterns.
In value terms, the largest markets for silicon exported from Brazil were the United States ($15M), the UK ($9.9M) and Germany ($5.3M), with a combined 64% share of total exports. These countries were followed by Canada, Japan, the Netherlands and Malaysia, which together accounted for a further 28%.
In terms of the main countries of destination, Malaysia, with a CAGR of +78.8%, 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.
Factors Determining Price Fluctuations in Silicone Market
In the Brazilian silicon market, prices have been constantly fluctuating in the year 2022. Factors contributing to this fluctuation include global demand and supply, economic instability, and changes in production and distribution costs.
Experts predict that this trend of fluctuating prices will continue in the coming months, but with a potential for stabilization as these external factors stabilize themselves. Despite the decrease in price, silicon remains a valuable resource in a number of industries, including electronics, solar energy, and construction.
Brazil remains an important player in the global silicon market, with a significant production output and growing demand from domestic and international consumers. As the market continues to shift and evolve, businesses in this industry must remain agile and keep a close eye on these pricing trends to stay competitive and navigate through the unpredictable fluctuations.
This report provides an in-depth analysis of the silicon market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132150 - Silicon
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023