Price for Metals; Silver, Unwrought, (But Not Powder) in Malaysia - 2024
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Malaysia (CIF) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Malaysia (FOB) - 2022
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Malaysia
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Malaysia
Price for Metals; Silver, Unwrought, (But Not Powder) in Malaysia (CIF) - 2022
The average import price for metals; silver, unwrought, (but not powder) stood at $677,230 per ton in 2022, shrinking by -5.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21%. The import price peaked at $860,390 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($742,821 per ton), while the price for Japan ($296,008 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metals; Silver, Unwrought, (But Not Powder) in Malaysia (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $635,485 per ton in 2022, declining by -21.4% against the previous year. In general, the export price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2015 an increase of 461% against the previous year. As a result, the export price attained the peak level of $5,624 per kg. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($638,043 per ton), while the average price for exports to Switzerland totaled $580,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-4.1%), while the prices for the other major destinations experienced a decline.
Imports of Metals; Silver, Unwrought, (But Not Powder) in Malaysia
After three years of growth, overseas purchases of metals; silver, unwrought, (but not powder) decreased by -77% to 8.7 tons in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 195% against the previous year. As a result, imports attained the peak of 38 tons, and then fell notably in the following year.
In value terms, imports of metals; silver, unwrought, (but not powder) contracted markedly to $5.9M in 2022. Over the period under review, imports continue to indicate a slight descent. The pace of growth appeared the most rapid in 2021 with an increase of 232%. As a result, imports attained the peak of $27M, and then contracted notably in the following year.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.6 | 1.6 | 6.9 | 1.5 | -2.1% |
| Hong Kong SAR | 0.1 | N/A | 7.8 | 1.4 | 141.0% |
| Switzerland | 0.1 | 1.3 | 1.7 | 1.1 | 122.4% |
| Turkey | 0.6 | 2.2 | 5.2 | 0.5 | -5.9% |
| United States | 0.6 | 0.5 | 0.4 | 0.5 | -5.9% |
| Japan | 0.1 | 0.1 | 0.4 | 0.3 | 44.2% |
| Germany | 0.2 | 0.5 | 0.3 | 0.2 | 0.0% |
| South Korea | 2.3 | 0.2 | N/A | N/A | -91.3% |
| China | N/A | 0.4 | 3.8 | N/A | 850.0% |
| Others | 0.5 | 1.3 | 0.6 | 0.5 | 0.0% |
| Total | 6.2 | 8.2 | 27.2 | 5.9 | -1.6% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Malaysia in 2022:
- Singapore (2.1 tons)
- Hong Kong SAR (2.0 tons)
- Switzerland (1.5 tons)
- Japan (0.9 tons)
- United States (0.7 tons)
- Turkey (0.6 tons)
- Germany (0.3 tons)
Exports of Metals; Silver, Unwrought, (But Not Powder) in Malaysia
In 2022, overseas shipments of metals; silver, unwrought, (but not powder) decreased by -54.2% to 270 kg, falling for the second year in a row after two years of growth. Overall, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 166% against the previous year. As a result, the exports attained the peak of 1.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of metals; silver, unwrought, (but not powder) contracted markedly to $172K in 2022. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 329% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | 461 | 416 | 165 | -40.2% |
| Switzerland | N/A | N/A | 56.4 | 7.0 | -87.6% |
| Japan | N/A | 117 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 304 | N/A | N/A | 0% |
| Singapore | N/A | 186 | N/A | N/A | 0% |
| Taiwan (Chinese) | 139 | 95.1 | N/A | N/A | -31.6% |
| Turkey | 134 | N/A | N/A | N/A | 0% |
| Others | N/A | 6.0 | 4.8 | N/A | -20.0% |
| Total | 273 | 1,168 | 477 | 172 | -14.3% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Malaysia in 2022:
- Hong Kong SAR (258.0 kg)
- Switzerland (12.0 kg)
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