Metals; Silver Powder Price in the UK - 2023
Contents:
- Metals; Silver Powder Price in the UK (CIF) - 2023
- Metals; Silver Powder Price in the UK (FOB) - 2023
- Metals; Silver Powder Imports in the UK
- Metals; Silver Powder Exports in the UK
Metals; Silver Powder Price in the UK (CIF) - 2023
The average metals; silver powder import price stood at $127K per ton in June 2023, with an increase of 24% against the previous month. In general, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in December 2022 an increase of 53% m-o-m. The import price peaked at $297K per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($263K per ton), while the price for France ($54,305 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Metals; Silver Powder Price in the UK (FOB) - 2023
In June 2023, the average metals; silver powder export price amounted to $1.2M per ton, picking up by 39% against the previous month. In general, the export price recorded a notable expansion. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 109% m-o-m. As a result, the export price reached the peak level of $1,757 per kg; afterwards, it flattened through to June 2023.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Belgium ($989K per ton), while the average price for exports to France ($79,735 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Metals; Silver Powder Imports in the UK
In 2022, approx. 164 tons of metals; silver powder were imported into the UK; declining by -2.3% compared with the previous year. In general, imports showed a deep contraction.
In value terms, metals; silver powder imports reduced dramatically to $33M in 2022. Over the period under review, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 1.6%. As a result, imports attained the peak of $60M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Metals; Silver Powder in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.4 | 13.0 | 26.5 | 29.2 | 14.6% |
| Switzerland | 0.3 | 0.6 | 1.2 | 2.2 | 94.3% |
| France | 0.3 | 0.5 | 0.4 | 0.6 | 26.0% |
| Japan | 0.9 | N/A | N/A | N/A | 0% |
| Poland | 35.5 | 21.8 | 13.5 | N/A | -38.3% |
| Others | 2.8 | 24.3 | 3.8 | 0.8 | -34.1% |
| Total | 59.2 | 60.2 | 45.4 | 32.9 | -17.8% |
Top Suppliers of Metals; Silver Powder to the UK in 2022:
- Poland (undefined tons)
- Japan (undefined tons)
- United States (152.1 tons)
- France (4.6 tons)
- Switzerland (3.0 tons)
Metals; Silver Powder Exports in the UK
In 2022, the amount of metals; silver powder exported from the UK reduced sharply to 28 tons, declining by -20.9% compared with the previous year. Over the period under review, exports showed a abrupt shrinkage. The smallest decline of -8.9% was in 2021.
In value terms, metals; silver powder exports contracted slightly to $22M in 2022. Overall, exports continue to indicate a abrupt descent.
| Export of Metals; Silver Powder in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 7.6 | 7.7 | 8.8 | 19.9% |
| Netherlands | 5.6 | 7.6 | 10.1 | 8.0 | 12.6% |
| Belgium | 16.0 | 8.9 | 1.3 | 2.1 | -49.2% |
| Slovakia | N/A | N/A | 0.1 | 1.0 | 900.0% |
| Hungary | N/A | N/A | N/A | 0.5 | 0% |
| Norway | 0.1 | 0.3 | 0.4 | 0.4 | 58.7% |
| United States | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 1.0 | 1.6 | 2.5 | 0.7 | -11.2% |
| Total | 28.0 | 26.2 | 22.2 | 21.8 | -8.0% |
Top Export Markets for Metals; Silver Powder from the UK in 2022:
- Germany (12.3 tons)
- Netherlands (8.9 tons)
- Belgium (2.9 tons)
- Slovakia (1.2 tons)
- United States (0.8 tons)
- Hungary (0.6 tons)
- Norway (0.6 tons)
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