Price for Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan - 2023
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan (FOB) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan (CIF) - 2023
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan
Price for Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $726,504 per ton in 2022, falling by -13.2% against the previous year. Over the period under review, export price indicated measured growth from 2017 to 2022: its price increased at an average annual rate of +4.8% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for metals; silver, unwrought, (but not powder) increased by +41.3% against 2019 indices. The growth pace was the most rapid in 2021 when the average export price increased by 30% against the previous year. As a result, the export price attained the peak level of $836,556 per ton, and then contracted in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($800,102 per ton) and Canada ($797,705 per ton), while the average price for exports to Italy ($639,659 per ton) and Switzerland ($655,182 per ton) were amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan (CIF) - 2023
The average import price for metals; silver, unwrought, (but not powder) stood at $810K per ton in November 2023, leveling off at the previous month. Over the period under review, the import price recorded a temperate expansion. The growth pace was the most rapid in February 2023 when the average import price increased by 5.4% month-to-month. The import price peaked in November 2023.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From November 2022 to November 2023, the rate of growth in terms of prices for Kazakhstan amounted to +2.6% per month.
Exports of Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan
In 2022, approx. 200 tons of metals; silver, unwrought, (but not powder) were exported from Uzbekistan; reducing by -7.5% against 2021. Overall, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 20%.
In value terms, exports of metals; silver, unwrought, (but not powder) dropped markedly to $145M in 2022. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 56% against the previous year.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 77.5 | 71.1 | 97.1 | 57.0 | -9.7% |
| Canada | N/A | 0.7 | 0.7 | 31.4 | 569.8% |
| Turkey | N/A | N/A | N/A | 30.2 | 0% |
| Italy | N/A | N/A | N/A | 15.3 | 0% |
| United States | N/A | 44.4 | 53.9 | 6.6 | -61.4% |
| Germany | N/A | N/A | N/A | 4.8 | 0% |
| Switzerland | N/A | N/A | 29.2 | N/A | 0% |
| India | 166 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 243 | 116 | 181 | 145 | -15.8% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Uzbekistan in 2022:
- United Kingdom (78.9 tons)
- Turkey (43.4 tons)
- Canada (39.3 tons)
- Italy (23.9 tons)
- United States (8.2 tons)
- Germany (6.2 tons)
Imports of Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan
In 2022, purchases abroad of metals; silver, unwrought, (but not powder) decreased by -63.4% to 18 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of 49 tons, and then dropped dramatically in the following year.
In value terms, imports of metals; silver, unwrought, (but not powder) reduced dramatically to $13M in 2022. In general, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 105%. As a result, imports reached the peak of $41M, and then contracted significantly in the following year.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 15.6 | 20.1 | 41.3 | 12.9 | -6.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.6 | 20.1 | 41.4 | 12.9 | -6.1% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Uzbekistan in 2022:
- Kazakhstan (18.1 tons)
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