Metals; Silver Powder Price in Russia - 2022

Contents:

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

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

In 2022, the average metals; silver powder import price amounted to $649,184 per ton, reducing by -13.9% against the previous year. Overall, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 83% against the previous year. The import price peaked at $847,118 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,125,590 per ton), while the price for South Korea ($262,386 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+43.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average metals; silver powder export price amounted to $402,937 per ton, which is down by -30% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 16%. Over the period under review, the average export prices attained the maximum at $1,077,728 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($716,736 per ton), while the average price for exports to Latvia ($236,547 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 Belarus (-6.4%), while the prices for the other major destinations experienced a decline.

Metals; Silver Powder Imports in Russia

In 2022, the amount of metals; silver powder imported into Russia shrank to 376 kg, declining by -11.5% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of 425 kg, and then fell in the following year.

In value terms, metals; silver powder imports fell sharply to $244K in 2022. Over the period under review, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 91%. As a result, imports reached the peak of $320K, and then contracted dramatically in the following year.

Import of Metals; Silver Powder in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1621643201844.3%
South Korea6.6N/AN/A26.558.9%
Japan3.5N/AN/A15.463.9%
Germany1.21.3N/A5.364.1%
PolandN/A2.5N/AN/A0%
Others3.6N/AN/A12.651.8%
Total17716832024411.3%

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

  1. United States (247.0 kg)
  2. South Korea (101.0 kg)
  3. Japan (16.0 kg)
  4. Germany (8.0 kg)

Metals; Silver Powder Exports in Russia

In 2022, approx. 142 kg of metals; silver powder were exported from Russia; with an increase of 6.8% against 2021 figures. In general, exports saw a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 105% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, metals; silver powder exports reduced remarkably to $57K in 2022. Overall, exports continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2021 with an increase of 102%. As a result, the exports attained the peak of $77K, and then contracted markedly in the following year.

Export of Metals; Silver Powder in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India18.0N/AN/A33.222.6%
Belarus30.137.976.610.8-28.9%
United KingdomN/AN/AN/A8.80%
Latvia0.9N/AN/A1.826.0%
Others1.1N/AN/A2.734.9%
Total50.137.976.657.24.5%

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

  1. India (104.0 kg)
  2. Belarus (15.0 kg)
  3. United Kingdom (12.0 kg)
  4. Latvia (8.0 kg)

Source: IndexBox Market Intelligence Platform

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