Price for Silver Compounds; Excluding Silver Nitrates in Algeria - 2022

Contents:

  1. Price for Silver Compounds; Excluding Silver Nitrates in Algeria (CIF) - 2022
  2. Imports of Silver Compounds; Excluding Silver Nitrates in Algeria

Price for Silver Compounds; Excluding Silver Nitrates in Algeria (CIF) - 2022

The average import price for silver compounds; excluding silver nitrateses stood at $20,931 per ton in 2022, declining by -42.9% against the previous year. In general, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 70% against the previous year. The import price peaked at $62,914 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Germany ($911,250 per ton), while the price for Italy ($3,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Silver Compounds; Excluding Silver Nitrates in Algeria

In 2022, imports of silver compounds; excluding silver nitrateses into Algeria declined markedly to 525 kg, with a decrease of -39.9% against 2021 figures. In general, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 254%. As a result, imports reached the peak of 874 kg, and then declined rapidly in the following year.

In value terms, silver compounds; excluding silver nitrates imports reduced rapidly to $11K in 2022. Over the period under review, imports saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 502% against the previous year. As a result, imports reached the peak of $32K, and then fell sharply in the following year.

Import of Silver Compounds; Excluding Silver Nitrates in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.01.02.51.7-5.3%
Belgium0.70.30.80.5-10.6%
TunisiaN/AN/A3.5N/A0%
Others10.04.025.28.7-4.5%
Total12.65.332.011.0-4.4%

Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Algeria in 2022:

  1. Italy (495.0 kg)
  2. Belgium (8.0 kg)

Source: IndexBox Market Intelligence Platform

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