Price for Metals; Silver, Unwrought, (But Not Powder) in Pakistan - 2022
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Pakistan (FOB) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Pakistan (CIF) - 2022
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Pakistan
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Pakistan
Price for Metals; Silver, Unwrought, (But Not Powder) in Pakistan (FOB) - 2022
In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $863,110 per ton, rising by 1.8% against the previous year. In general, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2021 an increase of 68%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($896,331 per ton), while the average price for exports to Thailand stood at $11,333 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 (+6.1%).
Price for Metals; Silver, Unwrought, (But Not Powder) in Pakistan (CIF) - 2022
In 2022, the average import price for metals; silver, unwrought, (but not powder) amounted to $934,341 per ton, with a decrease of -14.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $1,093,630 per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,082,480 per ton), while the price for the UK ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Metals; Silver, Unwrought, (But Not Powder) in Pakistan
For the fourth year in a row, Pakistan recorded growth in shipments abroad of metals; silver, unwrought, (but not powder), which increased by 18% to 264 kg in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 357%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, exports of metals; silver, unwrought, (but not powder) surged to $228K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 670% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
Export of Metals; Silver, Unwrought, (But Not Powder) in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 8.9 | 24.4 | 190 | 228 | 194.8% |
Thailand | N/A | N/A | N/A | 0.1 | 0% |
Others | N/A | 0.3 | N/A | 0.1 | -42.3% |
Total | 8.9 | 24.7 | 190 | 228 | 194.8% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Pakistan in 2022:
- United Arab Emirates (254.0 kg)
- Thailand (9.0 kg)
Imports of Metals; Silver, Unwrought, (But Not Powder) in Pakistan
For the third year in a row, Pakistan recorded decline in purchases abroad of metals; silver, unwrought, (but not powder), which decreased by -4.3% to 44 kg in 2022. In general, imports faced a sharp downturn.
In value terms, imports of metals; silver, unwrought, (but not powder) reduced dramatically to $41K in 2022. Over the period under review, imports saw a precipitous slump.
Import of Metals; Silver, Unwrought, (But Not Powder) in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 633 | 243 | 34.8 | 27.1 | -65.0% |
France | 140 | 69.4 | 14.5 | 13.0 | -54.7% |
Italy | 15.3 | 5.8 | 0.8 | 0.6 | -66.0% |
United States | 14.0 | 0.2 | 0.1 | 0.3 | -72.2% |
China | 1.5 | 0.7 | 0.1 | 0.1 | -59.5% |
United Kingdom | 0.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 804 | 319 | 50.3 | 41.1 | -62.9% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Pakistan in 2022:
- United Arab Emirates (25.0 kg)
- France (12.0 kg)
- United States (4.0 kg)
- Italy (1.0 kg)
- United Kingdom (1.0 kg)
- China (1.0 kg)
This report provides an in-depth analysis of the unwrought silver market in Pakistan.
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This report provides an in-depth analysis of the unwrought silver market in Pakistan.
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