Metals; Silver Powder Price in Luxembourg - 2023

Contents:

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

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

The average metals; silver powder import price stood at $617,475 per ton in 2022, with a decrease of -9.5% against the previous year. In general, the import price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 165%. Over the period under review, average import prices reached the peak figure at $725,155 per ton in 2018; however, from 2019 to 2022, 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 Belgium ($1,097,461 per ton), while the price for Germany ($287,753 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average metals; silver powder export price amounted to $749,500 per ton, rising by 8.3% against the previous year. Overall, the export price showed a buoyant expansion. The growth pace was the most rapid in 2014 when the average export price increased by 53%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($935,202 per ton) and Belgium ($904,507 per ton), while the average price for exports to Canada ($641,584 per ton) and the Netherlands ($737,165 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Silver Powder Imports in Luxembourg

Metals; silver powder imports into Luxembourg soared to 113 kg in 2022, rising by 151% on the year before. In general, imports continue to indicate pronounced growth. The pace of growth was the most pronounced in 2020 when imports increased by 181%. As a result, imports attained the peak of 275 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, metals; silver powder imports soared to $70K in 2022. Over the period under review, imports showed a mild expansion. The pace of growth appeared the most rapid in 2020 with an increase of 188% against the previous year. As a result, imports reached the peak of $194K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Metals; Silver Powder in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy22.139.54.639.821.7%
Belgium4.2128N/A11.238.7%
France1.925.526.37.960.8%
Germany4.70.60.15.76.6%
United Kingdom3.6N/AN/A4.36.1%
Netherlands30.3N/AN/A0.2-81.2%
Others0.5N/AN/A0.50.0%
Total67.419431.069.61.1%

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

  1. Italy (63.0 kg)
  2. Germany (20.0 kg)
  3. France (13.0 kg)
  4. Belgium (10.0 kg)
  5. United Kingdom (6.0 kg)

Metals; Silver Powder Exports in Luxembourg

After two years of decline, shipments abroad of metals; silver powder decreased by -53.8% to 6 kg in 2022. In general, exports saw a dramatic descent.

In value terms, metals; silver powder exports shrank dramatically to $4.5K in 2022. Overall, exports recorded a dramatic slump.

Export of Metals; Silver Powder in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.3N/AN/A3.0-31.4%
GermanyN/AN/A9.01.0-88.9%
FranceN/AN/AN/AN/A0%
Others0.1N/AN/A0.458.7%
Total9.4N/A9.04.5-21.8%

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

  1. Netherlands (4.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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