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Polysilicon is an industrial material made of purified industrial silicon containing more than 99.99% silicon, which can be divided into Metallurgical Grade Polysilicon, Solar Grade Polysilicon and Electronic Grade Polysilicon according to its purity. China is one of the world's major polysilicon producers, but still needs to import a large amount of polysilicon every year.
In 2021, China's polysilicon imports reached 114,000 tons, up 13.3% year-on-year, and the import value was US$2.04 billion, up 113.9%. In the first three quarters of 2022, China imported 64,000 tons of polysilicon, down 29.0% year-on-year, and the import value was US$1.87 billion, up 30.2% year-on-year.
CRI analysis shows that from 2018 to 2022, the import price of polysilicon generally shows a trend of decreasing before increasing. 2019 China's average polysilicon import price is US$8.7 per kg, down 39.0% year-on-year. 2020 to 2022, China's average polysilicon import price increases continuously. 2021 China's average polysilicon import price is US$17.9 per kg, up 88.8% year-on-year. The average price of Chinese polysilicon imports in the first three quarters of 2022 is US$29.1 per kg, an increase of 83.4% year-on-year.
In 2021, China imports polysilicon from 13 countries and regions. CRI analysis, by import volume, China's main sources of polysilicon imports are Germany, Malaysia, Japan, Taiwan, China and the United States. Among them, Germany is China's largest source of polysilicon imports. 2021, China imports 51,000 tons of polysilicon from Germany, accounting for 44.9% of the total import volume, and US$980 million, accounting for 47.9% of the total import value.
China is the world's leading consumer and importer of polysilicon. CRI expects that polysilicon, a basic material for the electronics industry and solar photovoltaic industry, will continue to rise in the Chinese market, and that China's polysilicon imports are also expected to rise in 2023-2032.
Topics covered:
- China's Polysilicon Import Status and Major Sources in 2018-2022
- What is the Impact of COVID-19 on China's Polysilicon Import?
- Which Companies are the Major Players in China's Polysilicon Import Market and What are their Competitive Benchmarks?
- Key Drivers and Market Opportunities in China's Polysilicon Import
- What are the Key Drivers, Challenges, and Opportunities for China's Polysilicon Import during 2023-2032?
- What is the Expected Revenue of China's Polysilicon Import during 2023-2032?
- What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
- What are the Competitive Advantages of the Major Players in China's Polysilicon Import Market?
- Which Segment of China's Polysilicon Import is Expected to Dominate the Market in 2032?
- What are the Major Adverse Factors Facing China's Polysilicon Import?