Price for Metals; Silver, Unwrought, (But Not Powder) in Egypt - 2023

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Egypt (FOB) - 2022
  2. Price for Metals; Silver, Unwrought, (But Not Powder) in Egypt (CIF) - 2022
  3. Exports of Metals; Silver, Unwrought, (But Not Powder) in Egypt
  4. Imports of Metals; Silver, Unwrought, (But Not Powder) in Egypt

Price for Metals; Silver, Unwrought, (But Not Powder) in Egypt (FOB) - 2022

In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $711,842 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2020 an increase of 57%. The export price peaked at $1,017,092 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($711,942 per ton), while the average price for exports to Turkey stood at $711,362 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-3.1%).

Price for Metals; Silver, Unwrought, (But Not Powder) in Egypt (CIF) - 2022

The average import price for metals; silver, unwrought, (but not powder) stood at $732,477 per ton in 2022, dropping by -12.4% against the previous year. Overall, the import price saw a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. The import price peaked at $1,125,070 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($732,545 per ton), while the price for Turkey ($732,383 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 Arab Emirates (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Metals; Silver, Unwrought, (But Not Powder) in Egypt

In 2022, overseas shipments of metals; silver, unwrought, (but not powder) decreased by -35.1% to 15 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 19,600% against the previous year.

In value terms, exports of metals; silver, unwrought, (but not powder) declined dramatically to $11M in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 30,766% against the previous year.

Export of Metals; Silver, Unwrought, (But Not Powder) in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A4.912.39.136.3%
TurkeyN/A2.81.51.6-24.4%
SpainN/AN/A0.8N/A0%
LebanonN/AN/A1.8N/A0%
OthersN/AN/AN/AN/A0%
TotalN/A7.716.510.818.4%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Egypt in 2022:

  1. United Arab Emirates (12.8 tons)
  2. Turkey (2.3 tons)

Imports of Metals; Silver, Unwrought, (But Not Powder) in Egypt

In 2022, approx. 6.6 tons of metals; silver, unwrought, (but not powder) were imported into Egypt; rising by 110% against 2021 figures. In general, imports, however, continue to indicate a abrupt setback.

In value terms, imports of metals; silver, unwrought, (but not powder) skyrocketed to $4.8M in 2022. Over the period under review, imports, however, saw a abrupt curtailment.

Import of Metals; Silver, Unwrought, (But Not Powder) in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.35.4N/A2.52.8%
Italy0.90.72.41.723.6%
Turkey2.91.0N/A0.6-40.9%
OthersN/A0.10.2N/A100.0%
Total6.07.22.64.8-7.2%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Egypt in 2022:

  1. United Arab Emirates (3.4 tons)
  2. Italy (2.3 tons)
  3. Turkey (0.8 tons)

Source: IndexBox Market Intelligence Platform

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