In 2024, silicon metal export volume was up 26% YoY, with annual increments exceeding 20,000 mt in regions such as Thailand and the UAE [SMM Analysis].

SMM, January 22: According to customs data, China's silicon metal export volume in December 2024 was 57,600 mt, up 9% MoM and up 12% YoY, while the import volume was 1,600 mt, down 26% MoM.

Export side, 49 countries or regions were involved in December, with the top 10 accounting for 46,500 mt or 81%. The top 5 export destinations accounted for 33,200 mt or 58%, ranked as follows: Japan (12,700 mt), South Korea (5,500 mt), India (5,400 mt), the Netherlands (5,300 mt), and Malaysia (4,300 mt).

Import side, imports came from 7 countries or regions in December, mainly from France (1,340 mt), North Korea (155 mt), and South Africa (100 mt), with other regions contributing less than 50 mt.

For the full year of 2024, export volume totaled 724,700 mt, up 26% YoY, while import volume reached 29,700 mt, with a YoY increase of 356%. Based on the top 30 countries or regions by export volume, only 4 showed YoY declines, while the rest recorded YoY increases. Among them, the Netherlands, Thailand, and the UAE led the growth, each exceeding 20,000 mt.

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