Price for Silver Compounds; Excluding Silver Nitrates in Estonia - 2023

Contents:

  1. Price for Silver Compounds; Excluding Silver Nitrates in Estonia (CIF) - 2022
  2. Imports of Silver Compounds; Excluding Silver Nitrates in Estonia

Price for Silver Compounds; Excluding Silver Nitrates in Estonia (CIF) - 2022

The average import price for silver compounds; excluding silver nitrateses stood at $475,252 per ton in 2022, rising by 2% against the previous year. Over the period under review, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $612,364 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($685,459 per ton), while the price for Finland ($116,605 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+52.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Silver Compounds; Excluding Silver Nitrates in Estonia

In 2022, imports of silver compounds; excluding silver nitrateses into Estonia fell to 313 kg, declining by -1.9% against the previous year's figure. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.

In value terms, silver compounds; excluding silver nitrates imports amounted to $149K in 2022. Overall, imports saw a abrupt downturn.

Import of Silver Compounds; Excluding Silver Nitrates in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy77.598.472.41019.2%
India0.1N/A27.726.9545.5%
Germany69.414.217.67.1-53.2%
Sweden19.88.022.84.7-38.1%
FinlandN/AN/AN/A4.40%
LatviaN/A46.0N/AN/A0%
Others6.54.88.34.1-14.2%
Total173171149149-4.9%

Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Estonia in 2022:

  1. Italy (148.0 kg)
  2. India (79.0 kg)
  3. Finland (38.0 kg)
  4. Germany (25.0 kg)
  5. Sweden (17.0 kg)

Source: IndexBox Market Intelligence Platform

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