Metals; Silver Powder Price in Thailand - 2023
Contents:
- Metals; Silver Powder Price in Thailand (CIF) - 2023
- Metals; Silver Powder Price in Thailand (FOB) - 2022
- Metals; Silver Powder Imports in Thailand
- Metals; Silver Powder Exports in Thailand
Metals; Silver Powder Price in Thailand (CIF) - 2023
The average metals; silver powder import price stood at $145K per ton in September 2023, surging by 136% against the previous month. In general, the import price enjoyed resilient growth. The growth pace was the most rapid in February 2023 when the average import price increased by 151% m-o-m. Over the period under review, average import prices reached the maximum in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($870K per ton), while the price for Japan ($61,944 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Metals; Silver Powder Price in Thailand (FOB) - 2022
The average metals; silver powder export price stood at $667,220 per ton in 2022, remaining stable against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metals; silver powder export price increased by +31.3% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 57% against the previous year. The export price peaked at $674,853 per ton in 2021, and then dropped slightly in the following year.
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 Singapore ($1,055,580 per ton), while the average price for exports to Japan ($503,166 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 Malaysia (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metals; Silver Powder Imports in Thailand
In 2022, the amount of metals; silver powder imported into Thailand surged to 136 tons, increasing by 27% against 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.3% against 2020 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 skyrocketed to $13M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 +77.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Metals; Silver Powder in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4.4 | 3.6 | 6.5 | 9.8 | 30.6% |
Germany | 1.9 | 3.1 | 3.0 | 2.5 | 9.6% |
Others | 0.9 | 0.7 | 0.4 | 0.5 | -17.8% |
Total | 7.2 | 7.3 | 10.0 | 12.8 | 21.1% |
Top Suppliers of Metals; Silver Powder to Thailand in 2022:
- Japan (131.1 tons)
- Germany (3.0 tons)
Metals; Silver Powder Exports in Thailand
In 2022, overseas shipments of metals; silver powder decreased by -27.1% to 2.4 tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2020 with an increase of 207%. As a result, the exports reached the peak of 4.5 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metals; silver powder exports fell sharply to $1.6M in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 189%. As a result, the exports reached the peak of $2.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Metals; Silver Powder in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | N/A | 2,344 | 1,950 | 1,302 | -25.5% |
Italy | 296 | 46.1 | 245 | 249 | -5.6% |
Japan | N/A | 5.9 | 6.7 | 36.0 | 147.0% |
India | 570 | 104 | N/A | N/A | -81.8% |
Others | 0.3 | 6.2 | 12.4 | 9.6 | 217.5% |
Total | 867 | 2,506 | 2,215 | 1,597 | 22.6% |
Top Export Markets for Metals; Silver Powder from Thailand in 2022:
- Malaysia (1979.0 kg)
- Italy (332.0 kg)
- Japan (72.0 kg)
This report provides an in-depth analysis of the unwrought silver market in Thailand.
This report provides an in-depth analysis of the silver market in Thailand.
This report provides an in-depth analysis of the semi-manufactured silver market in Thailand.
This report provides an in-depth analysis of the global unwrought silver market.
This report provides an in-depth analysis of the global silver market.
This report provides an in-depth analysis of the global semi-manufactured silver market.
This report provides an in-depth analysis of the unwrought silver market in Thailand.
This report provides an in-depth analysis of the silver market in Thailand.
This report provides an in-depth analysis of the semi-manufactured silver market in Thailand.
This report provides an in-depth analysis of the global unwrought silver market.
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The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
Explore the top import markets for silver and the key statistics behind their import values. Learn about the leading countries in the global trade of silver and the factors driving their demand. Gain insights from the IndexBox market intelligence platform.
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