Price for Metals; Silver, Unwrought, (But Not Powder) in Israel - 2024
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Israel (CIF) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Israel (FOB) - 2022
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Israel
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Israel
Price for Metals; Silver, Unwrought, (But Not Powder) in Israel (CIF) - 2022
In 2022, the average import price for metals; silver, unwrought, (but not powder) amounted to $715,943 per ton, reducing by -14.4% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The growth pace was the most rapid in 2021 an increase of 36%. Over the period under review, average import prices reached the maximum at $1,010,045 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($713,970 per ton), while the price for Belgium ($713,768 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced a decline.
Price for Metals; Silver, Unwrought, (But Not Powder) in Israel (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $662,500 per ton in 2022, approximately equating the previous year. In general, the export price posted a perceptible increase. The pace of growth was the most pronounced in 2013 an increase of 28%. The export price peaked at $753,539 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($832,160 per ton), while the average price for exports to Germany ($9,000 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 the UK (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metals; Silver, Unwrought, (But Not Powder) in Israel
In 2022, approx. 19 tons of metals; silver, unwrought, (but not powder) were imported into Israel; increasing by 14% against 2021. In general, imports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year.
In value terms, imports of metals; silver, unwrought, (but not powder) reduced slightly to $13M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +52.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports reached the peak of $14M, and then declined in the following year.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.3 | 3.1 | 6.7 | 6.8 | 16.5% |
| Italy | 2.9 | 3.4 | 5.0 | 4.9 | 19.1% |
| Germany | 2.7 | 1.7 | 1.3 | 1.1 | -25.9% |
| Others | 0.3 | 0.5 | 0.6 | 0.5 | 18.6% |
| Total | 10.1 | 8.7 | 13.7 | 13.3 | 9.6% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Israel in 2022:
- Belgium (9.5 tons)
- Italy (6.9 tons)
- Germany (1.6 tons)
Exports of Metals; Silver, Unwrought, (But Not Powder) in Israel
For the third year in a row, Israel recorded decline in shipments abroad of metals; silver, unwrought, (but not powder), which decreased by 0% to 80 kg in 2022. In general, exports faced a significant decrease. The smallest decline of -57.9% was in 2020.
In value terms, exports of metals; silver, unwrought, (but not powder) amounted to $53K in 2022. Overall, exports faced a dramatic setback. The smallest decline of -61.8% was in 2020.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 316 | 138 | N/A | 27.5 | -55.7% |
| Turkey | 248 | 111 | N/A | 20.8 | -56.2% |
| Switzerland | 2.7 | 2.9 | N/A | 1.5 | -17.8% |
| Spain | 4.5 | 2.1 | N/A | 1.4 | -32.2% |
| United Kingdom | 41.5 | 8.3 | N/A | 0.8 | -73.2% |
| United States | 125 | 11.0 | N/A | 0.7 | -82.2% |
| Taiwan (Chinese) | N/A | 9.0 | N/A | N/A | 0% |
| Others | 2.9 | 0.6 | N/A | 0.3 | -53.1% |
| Total | 740 | 283 | N/A | 53.0 | -58.5% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Israel in 2022:
- Italy (43.0 kg)
- Turkey (25.0 kg)
- Switzerland (2.0 kg)
- Spain (2.0 kg)
- United States (1.0 kg)
- United Kingdom (1.0 kg)
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