Price for Metals; Silver, Unwrought, (But Not Powder) in Uruguay - 2023
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Uruguay (CIF) - 2022
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Uruguay
Price for Metals; Silver, Unwrought, (But Not Powder) in Uruguay (CIF) - 2022
The average import price for metals; silver, unwrought, (but not powder) stood at $641,553 per ton in 2022, dropping by -13.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 1,723% against the previous year. Over the period under review, average import prices reached the maximum at $1,071,470 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +3.2% per year.
Imports of Metals; Silver, Unwrought, (But Not Powder) in Uruguay
In 2022, the amount of metals; silver, unwrought, (but not powder) imported into Uruguay soared to 385 kg, increasing by 18% on the previous year. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of metals; silver, unwrought, (but not powder) amounted to $247K in 2022. Overall, imports posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 144 | 136 | 244 | 247 | 19.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 144 | 136 | 244 | 247 | 19.7% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Uruguay in 2022:
- Colombia (385.0 kg)
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This report provides an in-depth analysis of the unwrought silver market in Uruguay.
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Explore the top import markets for silver and the key statistics behind their import values. Learn about the leading countries in the global trade of silver and the factors driving their demand. Gain insights from the IndexBox market intelligence platform.
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