Metals; Silver Powder Price in Singapore - 2022
Contents:
- Metals; Silver Powder Price in Singapore (CIF) - 2022
- Metals; Silver Powder Price in Singapore (FOB) - 2022
- Metals; Silver Powder Imports in Singapore
- Metals; Silver Powder Exports in Singapore
Metals; Silver Powder Price in Singapore (CIF) - 2022
In 2022, the average metals; silver powder import price amounted to $191,744 per ton, approximately equating the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 35% against the previous year. Over the period under review, average import prices attained the maximum at $457,084 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Japan ($803,576 per ton), while the price for China ($28,221 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 (+3.6%), while the prices for the other major suppliers experienced a decline.
Metals; Silver Powder Price in Singapore (FOB) - 2022
In 2022, the average metals; silver powder export price amounted to $193,728 per ton, which is down by -38.4% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 269%. The export price peaked at $710,468 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($225,312 per ton), while the average price for exports to Indonesia ($86,157 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 Indonesia (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Metals; Silver Powder Imports in Singapore
In 2022, approx. 693 tons of metals; silver powder were imported into Singapore; picking up by 23% on 2021. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +47.3% against 2019 indices. 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 $133M in 2022. Overall, imports, however, recorded a relatively flat trend pattern.
| Import of Metals; Silver Powder in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 59.6 | 68.4 | 45.6 | 63.1 | 1.9% |
| United States | 51.9 | 24.4 | 22.4 | 35.9 | -11.6% |
| Canada | 21.1 | 33.9 | 9.4 | 23.4 | 3.5% |
| China | 0.6 | 0.7 | 9.4 | 10.4 | 158.8% |
| Others | 0.2 | 0.1 | 20.2 | 0.1 | -20.6% |
| Total | 133 | 127 | 107 | 133 | 0.0% |
Top Suppliers of Metals; Silver Powder to Singapore in 2022:
- China (367.7 tons)
- United States (208.8 tons)
- Japan (78.5 tons)
- Canada (35.9 tons)
Metals; Silver Powder Exports in Singapore
In 2022, overseas shipments of metals; silver powder increased by 4.4% to 19 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a sharp downturn.
In value terms, metals; silver powder exports declined remarkably to $3.8M in 2022. In general, exports, however, continue to indicate a sharp slump.
| Export of Metals; Silver Powder in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.0 | 14.5 | 3.0 | 2.7 | -53.0% |
| United States | 5.4 | 2.9 | N/A | 0.5 | -54.8% |
| India | 1.8 | 2.8 | 1.8 | 0.4 | -39.4% |
| Malaysia | 0.1 | 0.1 | 0.6 | 0.1 | 0.0% |
| Others | 1.5 | 0.7 | 0.4 | N/A | -48.4% |
| Total | 34.8 | 20.9 | 5.8 | 3.8 | -52.2% |
Top Export Markets for Metals; Silver Powder from Singapore in 2022:
- China (14.3 tons)
- United States (2.5 tons)
- India (1.8 tons)
- Malaysia (0.8 tons)
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