Metals; Silver Powder Price in Colombia - 2022

Contents:

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

Metals; Silver Powder Price in Colombia (CIF) - 2022

In 2022, the average metals; silver powder import price amounted to $780,891 per ton, with an increase of 2.5% against the previous year. Overall, the import price, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by 7.8% against the previous year. The import price peaked at $970,275 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,086,552 per ton), while the price for France ($114,654 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average metals; silver powder export price stood at $560,387 per ton in 2022, approximately equating the previous year. Over the period under review, the export price saw a perceptible reduction. The pace of growth was the most pronounced in 2017 an increase of 66%. The export price peaked at $787,880 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($568,427 per ton), while the average price for exports to the United States stood at $447,991 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+0.1%), while the prices for the other major destinations experienced a decline.

Metals; Silver Powder Imports in Colombia

In 2022, overseas purchases of metals; silver powder decreased by -4.1% to 350 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 95%.

In value terms, metals; silver powder imports fell to $273K in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 110%.

Import of Metals; Silver Powder in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway77.514115615024.6%
India45.198.364.479.520.8%
United States2.826.554.739.5141.6%
France1.62.53.02.921.9%
Others0.8N/A0.11.420.5%
Total12826927827328.7%

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

  1. Norway (201.0 kg)
  2. India (73.0 kg)
  3. United States (45.0 kg)
  4. France (25.0 kg)

Metals; Silver Powder Exports in Colombia

Metals; silver powder exports from Colombia reduced dramatically to 62 kg in 2022, waning by -29.5% against the previous year. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 151%. As a result, the exports reached the peak of 88 kg, and then fell sharply in the following year.

In value terms, metals; silver powder exports fell significantly to $35K in 2022. In general, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 153%. As a result, the exports attained the peak of $50K, and then dropped rapidly in the following year.

Export of Metals; Silver Powder in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway20.311.244.432.917.5%
United States6.62.25.41.9-34.0%
UruguayN/A6.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total27.019.749.834.78.7%

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

  1. Norway (58.0 kg)
  2. United States (4.0 kg)

Source: IndexBox Market Intelligence Platform

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