Metals; Silver Powder Price in Austria - 2023

Contents:

  1. Metals; Silver Powder Price in Austria (FOB) - 2022
  2. Metals; Silver Powder Price in Austria (CIF) - 2023
  3. Metals; Silver Powder Exports in Austria
  4. Metals; Silver Powder Imports in Austria

Metals; Silver Powder Price in Austria (FOB) - 2022

The average metals; silver powder export price stood at $356,107 per ton in 2022, which is down by -51.1% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $732,724 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($858,751 per ton), while the average price for exports to Belgium ($32,728 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Silver Powder Price in Austria (CIF) - 2023

In June 2023, the average metals; silver powder import price amounted to $767K per ton, waning by -27.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 44% month-to-month. The import price peaked at $1.1M per ton in January 2023; however, from February 2023 to June 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From June 2022 to June 2023, the rate of growth in terms of prices for France amounted to +0.9% per month.

Metals; Silver Powder Exports in Austria

In 2022, after three years of growth, there was significant decline in shipments abroad of metals; silver powder, when their volume decreased by -91.4% to 3 tons. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,642%. As a result, the exports attained the peak of 35 tons, and then reduced notably in the following year.

In value terms, metals; silver powder exports dropped sharply to $1.1M in 2022. Over the period under review, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,631% against the previous year. As a result, the exports reached the peak of $25M, and then shrank markedly in the following year.

Export of Metals; Silver Powder in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.40.419.50.931.0%
FranceN/AN/A2.70.1-96.3%
HungaryN/A0.50.9N/A80.0%
BelgiumN/AN/A1.4N/A0%
South AfricaN/A0.50.8N/A60.0%
Others0.3N/A0.1N/A-42.3%
Total0.71.525.51.116.3%

Top Export Markets for Metals; Silver Powder from Austria in 2022:

  1. Belgium (1128.0 kg)
  2. Germany (1022.0 kg)
  3. Hungary (697.0 kg)
  4. France (154.0 kg)

Metals; Silver Powder Imports in Austria

For the fourth year in a row, Austria recorded growth in purchases abroad of metals; silver powder, which increased by 361% to 11 tons in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metals; silver powder imports soared to $11M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metals; Silver Powder in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.81.01.27.6111.8%
HungaryN/A0.50.73.0144.9%
United Kingdom0.1N/A0.10.344.2%
Others0.10.10.30.226.0%
Total1.01.52.311.3124.4%

Top Suppliers of Metals; Silver Powder to Austria in 2022:

  1. Germany (7.4 tons)
  2. Hungary (3.3 tons)
  3. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

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