Price for Metals; Silver, Unwrought, (But Not Powder) in Brazil - 2024
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Brazil (CIF) - 2024
- Price for Metals; Silver, Unwrought, (But Not Powder) in Brazil (FOB) - 2022
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Brazil
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Brazil
Price for Metals; Silver, Unwrought, (But Not Powder) in Brazil (CIF) - 2024
The average import price for metals; silver, unwrought, (but not powder) stood at $754K per ton in February 2024, which is down by -2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 12% month-to-month. As a result, import price attained the peak level of $812K per ton. From June 2023 to February 2024, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was Mexico ($761K per ton), while the price for Bolivia ($725K per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Bolivia (+1.0%), while the prices for the other major suppliers experienced a decline.
Price for Metals; Silver, Unwrought, (But Not Powder) in Brazil (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $687,472 per ton in 2022, rising by 27% against the previous year. In general, the export price, however, recorded a pronounced contraction. The growth pace was the most rapid in 2020 an increase of 41% against the previous year. Over the period under review, the average export prices attained the maximum at $996,861 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Canada ($711,854 per ton), while the average price for exports to Colombia ($80,346 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 Italy (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Metals; Silver, Unwrought, (But Not Powder) in Brazil
Imports of metals; silver, unwrought, (but not powder) into Brazil fell notably to 81 tons in 2022, with a decrease of -26.4% against the year before. In general, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year.
In value terms, imports of metals; silver, unwrought, (but not powder) reduced remarkably to $57M in 2022. Over the period under review, imports showed a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 102%. As a result, imports reached the peak of $92M, and then contracted notably in the following year.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 30.3 | 20.4 | 60.7 | 41.0 | 10.6% |
| Mexico | 4.7 | 19.4 | 22.3 | 8.6 | 22.3% |
| Bolivia | 4.1 | 5.5 | 8.5 | 7.2 | 20.6% |
| Belgium | 23.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 62.8 | 45.3 | 91.5 | 56.9 | -3.2% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Brazil in 2022:
- Peru (58.4 tons)
- Mexico (12.3 tons)
- Bolivia (10.6 tons)
Exports of Metals; Silver, Unwrought, (But Not Powder) in Brazil
Exports of metals; silver, unwrought, (but not powder) from Brazil skyrocketed to 16 tons in 2022, increasing by 42% against 2021 figures. Overall, exports, however, showed a relatively flat trend pattern.
In value terms, exports of metals; silver, unwrought, (but not powder) skyrocketed to $11M in 2022. In general, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.8 | 5.8 | 3.9 | 10.7 | 16.3% |
| Italy | N/A | N/A | 2.1 | 0.2 | -90.5% |
| Colombia | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 6.9 | 5.9 | 6.1 | 11.0 | 16.8% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Brazil in 2022:
- Canada (15.1 tons)
- Colombia (0.6 tons)
- Italy (0.3 tons)
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