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

Contents:

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

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

In 2022, the average import price for metals; silver, unwrought, (but not powder) amounted to $462,592 per ton, which is down by -38.7% against the previous year. Overall, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average import price increased by 128% against the previous year. Over the period under review, average import prices hit record highs at $1,235,848 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the Czech Republic ($745,165 per ton), while the price for Sweden ($340,305 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for metals; silver, unwrought, (but not powder) stood at $345,413 per ton in 2022, surging by 46% against the previous year. In general, the export price, however, continues to indicate a pronounced shrinkage. Over the period under review, the average export prices reached the peak figure at $515,178 per ton in 2015; however, from 2016 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 Austria ($748,000 per ton), while the average price for exports to Russia ($156,487 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 Poland (+97.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Slovakia recorded growth in purchases abroad of metals; silver, unwrought, (but not powder), which increased by 257% to 29 tons in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of metals; silver, unwrought, (but not powder) soared to $14M in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 181%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Metals; Silver, Unwrought, (But Not Powder) in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.01.41.65.778.6%
AustriaN/A2.41.73.317.3%
Germany0.51.01.71.750.4%
BulgariaN/AN/A0.11.31200.0%
Czech Republic0.20.40.90.644.2%
SwedenN/AN/AN/A0.40%
ItalyN/A0.1N/A0.373.2%
Others0.20.10.20.20.0%
Total1.95.46.213.592.2%

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

  1. Spain (16.4 tons)
  2. Austria (5.4 tons)
  3. Germany (2.5 tons)
  4. Bulgaria (2.2 tons)
  5. Sweden (1.0 tons)
  6. Czech Republic (0.9 tons)
  7. Italy (0.6 tons)

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

In 2022, the amount of metals; silver, unwrought, (but not powder) exported from Slovakia expanded modestly to 126 kg, picking up by 3.3% on the year before. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 70,400%. As a result, the exports attained the peak of 705 kg. 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) soared to $44K in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 60,660%. As a result, the exports reached the peak of $272K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Metals; Silver, Unwrought, (But Not Powder) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary0.476.112.822.3282.0%
RussiaN/A54.716.112.2-52.8%
AustriaN/A46.0N/A9.0-55.8%
Czech RepublicN/A95.3N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.427228.943.5377.3%

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

  1. Russia (78.0 kg)
  2. Hungary (36.0 kg)
  3. Austria (12.0 kg)

Source: IndexBox Market Intelligence Platform

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