Price for Silver Compounds; Excluding Silver Nitrates in Croatia - 2023

Contents:

  1. Price for Silver Compounds; Excluding Silver Nitrates in Croatia (CIF) - 2022
  2. Price for Silver Compounds; Excluding Silver Nitrates in Croatia (FOB) - 2022
  3. Imports of Silver Compounds; Excluding Silver Nitrates in Croatia
  4. Exports of Silver Compounds; Excluding Silver Nitrates in Croatia

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

In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $471,887 per ton, shrinking by -30.2% against the previous year. In general, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 an increase of 51%. As a result, import price reached the peak level of $676,224 per ton, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($536,611 per ton), while the price for Germany ($355,407 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+150.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Silver Compounds; Excluding Silver Nitrates in Croatia (FOB) - 2022

The average export price for silver compounds; excluding silver nitrateses stood at $2,804 per ton in 2022, with a decrease of -98.1% against the previous year. Overall, the export price showed a significant curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 4,665%. The export price peaked at $595,800 per ton in 2016; however, from 2017 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 Serbia.

From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to +22.9% per year.

Imports of Silver Compounds; Excluding Silver Nitrates in Croatia

In 2022, approx. 4.5 tons of silver compounds; excluding silver nitrateses were imported into Croatia; dropping by -2.3% on the previous year's figure. Over the period under review, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 0.6%.

In value terms, silver compounds; excluding silver nitrates imports plummeted to $2.1M in 2022. Overall, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of $3.1M, and then fell remarkably in the following year.

Import of Silver Compounds; Excluding Silver Nitrates in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.52.03.02.010.1%
GermanyN/AN/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total1.52.03.12.111.9%

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

  1. Spain (4.3 tons)
  2. Germany (0.1 tons)

Exports of Silver Compounds; Excluding Silver Nitrates in Croatia

In 2022, exports of silver compounds; excluding silver nitrateses from Croatia soared to 51 kg, jumping by 5,000% compared with 2021. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silver compounds; excluding silver nitrates exports contracted notably to $143 in 2022. Overall, exports, however, faced a sharp slump.

Export of Silver Compounds; Excluding Silver Nitrates in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia21.6N/AN/A0.1-83.3%
Others0.10.30.2N/A41.4%
Total21.70.30.20.1-83.4%

Top Export Markets for Silver Compounds; Excluding Silver Nitrates from Croatia in 2022:

  1. Serbia (51.0 kg)

Source: IndexBox Market Intelligence Platform

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