Metals; Silver Powder Price in Sri Lanka - 2021

Contents:

  1. Metals; Silver Powder Price in Sri Lanka (CIF) - 2022
  2. Metals; Silver Powder Imports in Sri Lanka

Metals; Silver Powder Price in Sri Lanka (CIF) - 2022

The average metals; silver powder import price stood at $14,454 per ton in 2022, waning by -97.9% against the previous year. Over the period under review, the import price recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 1,091%. As a result, import price reached the peak level of $4,196 per kg. From 2020 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +18.5% per year.

Metals; Silver Powder Imports in Sri Lanka

In 2022, after three years of growth, there was significant decline in supplies from abroad of metals; silver powder, when their volume decreased by -89.5% to 16 kg. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,233% against the previous year.

In value terms, metals; silver powder imports shrank sharply to $235 in 2022. In general, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year.

Import of Metals; Silver Powder in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A0.20%
Germany1.346.234.3N/A413.7%
Italy0.22.01.4N/A164.6%
Netherlands0.34.12.8N/A205.5%
Canada0.211.161.5N/A1653.6%
Others37.79.66.4N/A-58.8%
Total39.873.11060.2-82.9%

Top Suppliers of Metals; Silver Powder to Sri Lanka in 2022:

  1. India (16.0 kg)

Source: IndexBox Market Intelligence Platform

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