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

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

The average import price for metals; silver, unwrought, (but not powder) stood at $150,777 per ton in 2022, dropping by -76.3% against the previous year. Overall, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 166%. The import price peaked at $1,011,554 per ton in 2012; however, from 2013 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 ($722,630 per ton), while the price for Hungary totaled $65,031 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+8.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $2,000 per ton, which is down by -60% against the previous year. Overall, the export price recorded a dramatic contraction. The pace of growth appeared the most rapid in 2017 an increase of 277%. Over the period under review, the average export prices hit record highs at $1,025,741 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to -16.1% per year.

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

Imports of metals; silver, unwrought, (but not powder) into Ukraine stood at 4.4 tons in 2022, growing by 5.3% against the previous year. Over the period under review, imports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 131%.

In value terms, imports of metals; silver, unwrought, (but not powder) reduced dramatically to $666K in 2022. In general, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 222%. As a result, imports reached the peak of $2.7M, and then declined dramatically in the following year.

Import of Metals; Silver, Unwrought, (But Not Powder) in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	644	754	2,576	416	-13.6%
Hungary	142	36.9	87.7	250	20.7%
Others	28.1	38.0	0.5	N/A	-86.7%
Total	814	828	2,664	666	-6.5%

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

Hungary (3.8 tons)
Switzerland (0.6 tons)

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

In 2022, exports of metals; silver, unwrought, (but not powder) from Ukraine was estimated at 1 kg, approximately reflecting the year before. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of metals; silver, unwrought, (but not powder) reduced dramatically to $2 in 2022. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 67%. As a result, the exports reached the peak of $5, and then fell remarkably in the following year.