Silicon Price Index

Silicon Price Trend, Index and Forecast

Track the latest insights on silicon price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Silicon Prices Outlook Q2 2025

• USA: US$ 2684/MT
• China: US$ 1330/MT
• Germany: US$ 2145/MT
• Australia: US$ 2295/MT
• Netherlands: US$ 2530/MT

Silicon Price Chart

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During the second quarter of 2025, the silicon prices in the USA reached 2684 USD/MT in June. Silicon prices in the United States were influenced by shifts in procurement patterns within the solar energy and semiconductor sectors. Operating costs for domestic producers rose due to elevated energy tariffs and labor expenses. Import volumes from Asia fluctuated, affected by shipping delays and adjustments in port operations. The downstream demand from the automotive and construction sectors remained steady, although inventory strategies across manufacturers varied depending on contract obligations and hedging positions.

During the second quarter of 2025, silicon prices in China reached 1330 USD/MT in June. In China, silicon prices were impacted by government-imposed production controls in regions with high energy consumption, particularly affecting furnaces used in metallurgical-grade silicon manufacturing. Power rationing measures and environmental compliance inspections disrupted output in key provinces. Export volumes were shaped by foreign demand trends and trade policy revisions. Demand from the photovoltaic and aluminum alloy sectors remained high, while internal logistics challenges affected inter-provincial supply chain consistency and overall distribution costs.

During the second quarter of 2025, the silicon prices in Germany reached 2145 USD/MT in June. Germany experienced pricing influences from energy market volatility, which affected silicon smelter operating costs. Demand from the automotive, electronics, and photovoltaic sectors drove procurement activities, while regional supply was constrained by reduced production in other parts of Europe. Import dependency on Asian-origin silicon exposed manufacturers to fluctuations in shipping costs and port processing times. Regulatory requirements around carbon emissions and material traceability also contributed to higher compliance-related expenses.

During the second quarter of 2025, the silicon prices in Australia reached 2295 USD/MT in June. In Australia, silicon prices were shaped by limited domestic production capacity and increased reliance on imports. Fluctuations in demand from the construction and metallurgical sectors influenced short-term procurement trends. Currency valuation shifts impacted landed costs for imported material, while maritime transport disruptions and longer lead times added to logistical expenses. Investment activity in battery-grade and solar-related silicon applications also created intermittent demand surges across select downstream industries.

During the second quarter of 2025, the silicon prices in the Netherlands reached 2530 USD/MT in June. Silicon prices in the Netherlands were influenced by strong demand from the European semiconductor and solar panel manufacturing sectors. Port congestion and delays in receiving imports from Asian suppliers contributed to localized supply constraints. Refiners and compounders faced increased electricity costs, which affected processing expenses. Environmental compliance measures within the European Union also played a role in shaping procurement decisions, particularly among manufacturers focused on sustainable sourcing and traceability.

Silicon Prices Outlook Q4 2023

• USA: US$ 2207/MT
• China: US$ 2044/MT
• Germany: US$ 2169/MT

In the fourth quarter of 2023, the price of silicon in the USA reached 2207 USD/MT by December. Similarly, in China, the silicon prices hit 2044 USD/MT in the same month. Germany also saw silicon prices reaching 2169 USD/MT during Q4 2023.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the silicon prices.

Global Silicon Price Trend

The report offers a holistic view of the global silicon pricing trends in the form of silicon price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of silicon, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed silicon demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Silicon Price Trend

Q2 2025:

As per the silicon price index, European prices were influenced by constrained supply availability and high energy costs that impacted smelter operations across several countries. The dependence on imports from Asia, particularly China, was compounded by extended lead times and port backlogs. Demand remained strong from the photovoltaic and semiconductor sectors, while environmental compliance costs associated with carbon emission regulations added to operational expenses. Currency exchange rate fluctuations also affected purchasing strategies across key industrial buyers in the region.

Q4 2023:

Europe's silicon pricing trends are deeply affected by its stringent environmental regulations and the push towards sustainable and recycled materials. The automotive and aerospace industries in Europe, which demand high-quality specialty metals, further complicate the pricing landscape. Energy costs and the availability of renewable energy sources also significantly influence silicon production costs. Additionally, the region's dependency on silicon imports, coupled with fluctuating currency values, adds another layer of complexity to understanding price trends in this market.

Detailed price information for silicon can also be provided for an extensive list of European countries.

North America Silicon Price Trend

Q2 2025:

As per the silicon price index, in North America, pricing trends for silicon were driven by consistent demand from the automotive, solar energy, and electronics sectors. Production costs rose due to elevated electricity rates and labor constraints, particularly in areas with limited smelting capacity. Import volumes from Asia varied, impacted by shifting global trade flows and vessel congestion at major ports. Strategic stockpiling by downstream manufacturers contributed to uneven demand visibility, while contract negotiations with international suppliers influenced landed costs.

Q4 2023:

In North America, silicon prices are closely tied to technological advancements in extraction and processing techniques, which aim to reduce costs and enhance efficiency. The region's emphasis on defense and technology sectors, which require precise and high-grade metals, drives demand variability. Furthermore, trade policies, particularly those involving major trade partners like Canada and Mexico, heavily influence silicon supply chains and pricing structures. The shift towards green energy and electric vehicles in North America also affects demand patterns for metals.

Specific silicon historical data within the United States and Canada can also be provided.

Middle East and Africa Silicon Price Trend

Q2 2025:

As per the silicon price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences. A tight supply from refineries, exacerbated by maintenance rounds and unplanned outages, put pressure on prices. Simultaneously, demand from the agrochemical sector during the planting season contributed to price changes.

Q4 2023:

The silicon pricing trends in the Middle East and Africa are increasingly impacted by infrastructural developments and investments in the construction and transportation sectors. The region’s political climate and its effect on operational stability and security are also crucial in determining price trends. Additionally, the Middle East's strategic initiatives to diversify away from oil dependency and invest in mining and metal production capabilities are reshaping its market dynamics. In Africa, the availability of resources combined with foreign investment in mining projects heavily influences local and global silicon supply and prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Silicon Price Trend

Q2 2025:

The Asia Pacific region experienced significant pricing influences due to production disruptions in China, where government-imposed environmental audits and electricity usage restrictions affected output levels. Domestic demand surged from the photovoltaic and aluminum alloy sectors, while exports faced logistical delays and regulatory scrutiny. Currency fluctuations and regional trade adjustments impacted export competitiveness. In addition, localized supply chain bottlenecks in countries such as India and Vietnam affected intra-regional trade and delivery timelines.

Q4 2023:

In the Asia Pacific region, silicon pricing dynamics, particularly in China, displayed a complex pattern. Initially, prices were under pressure due to an overabundance in supply and a subdued demand from downstream sectors like polysilicon, organic silicon, and aluminum alloys.

This silicon price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Silicon Price Trend

Q4 2023:

Latin America's silicon market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in silicon prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, economic fluctuations and currency devaluation are critical factors that need to be considered when analyzing silicon pricing trends in this region.

This comprehensive review can be extended to include specific countries within Latin America.

Silicon Price Trend, Market Analysis, and News

IMARC's latest publication, “Silicon Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the silicon market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of silicon at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed silicon prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting silicon pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Silicon Market Analysis

The global silicon market size reached USD 7.93 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 10.90 Billion, at a projected CAGR of 3.42% 2025-2033.

• The increasing utilization of silicon in semiconductors and photovoltaic cells is impelling the market growth. Silicon is a crucial component that is used to manufacture solar panels and technological equipment. People are widely utilizing advanced electronic devices and renewable energy sources. Silicon is a suitable material that is used to produce transistors, integrated circuits, and microchips. These parts are further employed in computers, smartphones, and other electronic devices. Apart from this, solar panels that use crystalline silicon cells turns sunlight into electricity that helps to encourage the usage of renewable energy sources. According to the IMARC Group, the global market for solar cells is expected to hit US$ 406.7 billion in 2032.
• Continuous advancements in silicon-based technology such as silicon photonics and silicon carbide (SiC) devices, are expanding the applications of silicon, particularly in high-performance and energy-efficient electronics.
• Silicon is also becoming increasingly popular in the automotive sector. Silicon is incorporated in battery and power electronics to enhance the performance and efficiency of electric vehicles (EVs). Silicon carbide (SiC) components are beneficial for improving energy efficiency in EV systems. Furthermore, advanced driver-assistance systems (ADAS) and autonomous driving technologies is dependent on silicon-based sensors and microelectronics.
• Besides this, silicon production is showing an upward trajectory as a result of its growing adoption in the construction sector. It is suitable material to produce silicones, which are essential in construction for sealants, adhesives, coatings, and insulation materials because of its durability and resistance to extreme conditions.
• The market share is also expanding due to silicon's increased demand in the medical sector. It is an essential part of many implants and medical devices like catheters, prostheses, and other medical devices because of its biocompatibility. It is employed in the manufacturing of drug delivery systems and pharmaceutical excipients. Besides this, silicone dressings are also used in wound treatment to lessen scarring and encourage healing.

Silicon News

The report covers the latest developments, updates, and trends impacting the global silicon market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the silicon price trend.

Latest developments in the silicon industry:

• In 15 May 2024, Shin-Etsu Chemical Co., Ltd. decided to establish a new company, Shin-Etsu Silicone (Pinghu) Co., Ltd., in Zhejiang Province, China, and construct a new silicone products plant to expand its silicone business.

Product Description

Silicon is a nonmetallic chemical element in the carbon family that belongs to the group 14 [IVa] of the periodic table. It is the second most abundant element in the Earth’s crust and is widely used to manufacture alloys such as aluminium-silicon and ferro-silicon (iron-silicon). It has an 14 atomic number, 1414°C, 2577°F, 1687 K melting point, and 3265°C, 5909°F, 3538 K boiling point. It has a crucial role in Portland cement for providing enhanced cement strength. Because of its ability to strengthen bones and improve the condition of the skin, hair, and nails, it can be taken as a dietary supplement.

Apart from this, silicon is a strong and resilient material with a wide range of industrial and structural uses. It offers products more strength and durability resistance, thereby extending their lifespan.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of silicon pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
• The study examines factors affecting silicon price trend, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The silicon price charts ensure our clients remain at the forefront of the industry.