Price for Silver Compounds; Excluding Silver Nitrates in Bulgaria - 2023
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Bulgaria (FOB) - 2022
- Price for Silver Compounds; Excluding Silver Nitrates in Bulgaria (CIF) - 2022
- Exports of Silver Compounds; Excluding Silver Nitrates in Bulgaria
- Imports of Silver Compounds; Excluding Silver Nitrates in Bulgaria
Price for Silver Compounds; Excluding Silver Nitrates in Bulgaria (FOB) - 2022
The average export price for silver compounds; excluding silver nitrateses stood at $1,129,368 per ton in 2022, rising by 103% against the previous year. In general, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2013 to 2022, the rate of growth in terms of prices for Romania amounted to +108.2% per year.
Price for Silver Compounds; Excluding Silver Nitrates in Bulgaria (CIF) - 2022
The average import price for silver compounds; excluding silver nitrateses stood at $31,613 per ton in 2022, jumping by 33% against the previous year. In general, the import price, however, showed a dramatic slump. The import price peaked at $633,000 per ton in 2012; however, from 2013 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 ($121,853 per ton), while the price for Greece amounted to $17,298 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+7.0%), while the prices for the other major suppliers experienced a decline.
Exports of Silver Compounds; Excluding Silver Nitrates in Bulgaria
In 2022, shipments abroad of silver compounds; excluding silver nitrateses decreased by -86.6% to 302 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 33,900% against the previous year. As a result, the exports attained the peak of 4.4 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, silver compounds; excluding silver nitrates exports contracted significantly to $341K in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 33,725% against the previous year. As a result, the exports attained the peak of $1.6M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Silver Compounds; Excluding Silver Nitrates in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 341 | 0% |
| Spain | N/A | 777 | 780 | N/A | 0.4% |
| Romania | N/A | 834 | 469 | N/A | -43.8% |
| Others | 4.8 | 12.4 | N/A | N/A | 158.3% |
| Total | 4.8 | 1,623 | 1,249 | 341 | 314.2% |
Top Export Markets for Silver Compounds; Excluding Silver Nitrates from Bulgaria in 2022:
- Italy (302.0 kg)
Imports of Silver Compounds; Excluding Silver Nitrates in Bulgaria
Silver compounds; excluding silver nitrates imports into Bulgaria reduced notably to 1.9 tons in 2022, dropping by -60.9% compared with 2021 figures. Over the period under review, imports faced a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 124% against the previous year. As a result, imports attained the peak of 4.9 tons, and then declined remarkably in the following year.
In value terms, silver compounds; excluding silver nitrates imports shrank significantly to $61K in 2022. In general, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 137%. As a result, imports reached the peak of $117K, and then reduced notably in the following year.
| Import of Silver Compounds; Excluding Silver Nitrates in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 66.3 | 36.6 | 109 | 31.2 | -22.2% |
| Germany | 2.7 | 8.7 | 6.2 | 6.5 | 34.0% |
| Finland | 11.9 | N/A | N/A | N/A | 0% |
| Others | 4.3 | 4.0 | 1.5 | 23.1 | 75.1% |
| Total | 85.2 | 49.4 | 117 | 60.8 | -10.6% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Bulgaria in 2022:
- Greece (1805.0 kg)
- Germany (53.0 kg)
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