Metals; Silver Powder Price in Canada - 2023
Contents:
- Metals; Silver Powder Price in Canada (CIF) - 2023
- Metals; Silver Powder Price in Canada (FOB) - 2023
- Metals; Silver Powder Imports in Canada
- Metals; Silver Powder Exports in Canada
Metals; Silver Powder Price in Canada (CIF) - 2023
In June 2023, the average metals; silver powder import price amounted to $708K per ton, declining by -10.4% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 60% against the previous month. Over the period under review, average import prices hit record highs at $831K per ton in April 2023; however, from May 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 the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.4% per month.
Metals; Silver Powder Price in Canada (FOB) - 2023
The average metals; silver powder export price stood at $682K per ton in June 2023, picking up by 160% against the previous month. In general, the export price recorded buoyant growth. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 860% month-to-month. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($2.3M per ton), while the average price for exports to the United States ($54,136 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.5%), while the prices for the other major destinations experienced a decline.
Metals; Silver Powder Imports in Canada
Metals; silver powder imports into Canada plummeted to 38 tons in 2022, declining by -26% compared with the previous year. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 153% against the previous year. As a result, imports attained the peak of 51 tons, and then contracted sharply in the following year.
In value terms, metals; silver powder imports contracted modestly to $18M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $18M, and then fell in the following year.
| Import of Metals; Silver Powder in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.8 | 12.6 | 16.1 | 15.1 | 11.8% |
| France | N/A | N/A | 1.2 | 2.9 | 141.7% |
| Others | 0.1 | 0.1 | 1.0 | 0.1 | 0.0% |
| Total | 11.0 | 12.7 | 18.3 | 18.1 | 18.1% |
Top Suppliers of Metals; Silver Powder to Canada in 2022:
- United States (23.0 tons)
- France (14.2 tons)
Metals; Silver Powder Exports in Canada
In 2022, shipments abroad of metals; silver powder decreased by -41.7% to 7.8 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,324%. As a result, the exports reached the peak of 34 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metals; silver powder exports rose sharply to $12M in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 938% against the previous year. As a result, the exports attained the peak of $24M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Metals; Silver Powder in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 21.1 | 7.9 | 7.6 | -40.0% |
| Poland | 0.9 | 1.0 | 0.6 | 1.9 | 28.3% |
| United States | 0.9 | 0.7 | 1.1 | 1.1 | 6.9% |
| Malaysia | N/A | 0.3 | 0.4 | 0.8 | 63.3% |
| Japan | 0.4 | 0.5 | 0.7 | 0.1 | -37.0% |
| Others | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Total | 2.3 | 23.8 | 10.9 | 11.7 | 72.0% |
Top Export Markets for Metals; Silver Powder from Canada in 2022:
- Germany (6.1 tons)
- Poland (0.8 tons)
- United States (0.4 tons)
- Malaysia (0.3 tons)
- Japan (0.1 tons)
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