Price for Metals; Silver, Unwrought, (But Not Powder) in New Zealand - 2024

Contents:

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

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

The average import price for metals; silver, unwrought, (but not powder) stood at $739,323 per ton in 2022, with a decrease of -24.8% against the previous year. In general, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2020 an increase of 30% against the previous year. Over the period under review, average import prices hit record highs at $1,039,981 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($1,306,167 per ton), while the price for Thailand stood at $738,611 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $818,461 per ton, falling by -16.4% against the previous year. In general, the export price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of 861%. The export price peaked at $12,879,330 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($775,671 per ton), while the average price for exports to Thailand amounted to $630,684 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+5.3%).

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

In 2022, overseas purchases of metals; silver, unwrought, (but not powder) decreased by -7.6% to 6 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 278% against the previous year. As a result, imports attained the peak of 6.5 tons, and then shrank in the following year.

In value terms, imports of metals; silver, unwrought, (but not powder) declined dramatically to $4.5M in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 386%. As a result, imports attained the peak of $6.4M, and then fell remarkably in the following year.

Import of Metals; Silver, Unwrought, (But Not Powder) in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/A3.84.415.8%
Australia0.21.32.3N/A239.1%
Canada0.5N/A0.3N/A-22.5%
OthersN/AN/AN/AN/A0%
Total0.81.36.44.577.8%

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

  1. Thailand (6.0 tons)

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

In 2022, overseas shipments of metals; silver, unwrought, (but not powder) decreased by -60.9% to 345 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 883 kg, and then plummeted in the following year.

In value terms, exports of metals; silver, unwrought, (but not powder) declined dramatically to $282K in 2022. In general, exports recorded a slight downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. As a result, the exports attained the peak of $865K, and then dropped sharply in the following year.

Export of Metals; Silver, Unwrought, (But Not Powder) in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia272438842247-3.2%
Thailand23.123.319.612.0-19.6%
OthersN/A2.72.922.9191.2%
Total295465865282-1.5%

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

  1. Australia (319.0 kg)
  2. Thailand (19.0 kg)

Source: IndexBox Market Intelligence Platform

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