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

Contents:

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

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

The average import price for silver compounds; excluding silver nitrateses stood at $164,265 per ton in 2022, declining by -26.5% against the previous year. In general, the import price, however, posted strong growth. The pace of growth appeared the most rapid in 2019 an increase of 138% against the previous year. As a result, import price reached the peak level of $409,919 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($363,063 per ton), while the price for India amounted to $150,701 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+54.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Silver Compounds; Excluding Silver Nitrates in Ethiopia

Silver compounds; excluding silver nitrates imports into Ethiopia skyrocketed to 501 kg in 2022, with an increase of 102% on the previous year's figure. Overall, imports showed a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 197%. As a result, imports attained the peak of 994 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, silver compounds; excluding silver nitrates imports surged to $82K in 2022. In general, imports, however, showed a abrupt shrinkage.

Import of Silver Compounds; Excluding Silver Nitrates in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India44.214835.470.716.9%
Netherlands0.51.70.411.6185.2%
United States89.8N/AN/AN/A0%
South Africa1.36.93.2N/A56.9%
Others1.617.816.5N/A221.1%
Total13717555.482.3-15.6%

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

  1. India (469.0 kg)
  2. Netherlands (32.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silver compounds; excluding silver nitrates - Ethiopia