Global Silicon Market
In value terms, silicon production declined to $ in estimated in export price. Over the period under review, production, however, saw a pronounced contraction. The growth pace was the most rapid in 2014 with an increase of % against the previous year. Over the period under review, global production attained the peak level at $ in 2007; however, from 2008 to , production failed to regain momentum.
China ( tonnes) constituted the country with the largest volume of silicon production, comprising approx. % of total volume. Moreover, silicon production in China exceeded the figures recorded by the second-largest producer, Norway ( tonnes), more than tenfold. Brazil ( tonnes) ranked third in terms of total production with a % share.
In China, silicon production expanded at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: Norway (+% per year) and Brazil (-% per year).
The global silicon market value rose markedly to $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the maximum level at $ in 2011; however, from 2012 to , consumption failed to regain momentum.
From 2007 to , the average annual rate of growth in terms of volume in China amounted to +%. In the other countries, the average annual rates were as follows: Japan (-% per year) and Germany (-% per year).
In value terms, China ($) led the market, alone. The second position in the ranking was occupied by Japan ($). It was followed by Germany.
From 2007 to , the average annual growth rate of value in China stood at +%. In the other countries, the average annual rates were as follows: Japan (-% per year) and Germany (+% per year).
The countries with the highest levels of silicon per capita consumption in were Germany ( kg per person), South Korea ( kg per person) and Japan ( kg per person).
From 2007 to , the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by China (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.