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

Contents:

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

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

The average import price for silver compounds; excluding silver nitrateses stood at $526,445 per ton in 2022, rising by 147% against the previous year. In general, the import price continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 248%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($600,011 per ton), while the price for Spain ($406,448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1,194.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for silver compounds; excluding silver nitrateses stood at $656,800 per ton in 2021, remaining stable against the previous year. Over the period under review, the export price showed a perceptible descent. The most prominent rate of growth was recorded in 2019 a decrease of -3.2%. Over the period under review, the average export prices reached the peak figure at $977,000 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bulgaria.

From 2012 to 2021, the rate of growth in terms of prices for Bulgaria amounted to -20.6% per year.

Imports of Silver Compounds; Excluding Silver Nitrates in Greece

Silver compounds; excluding silver nitrates imports into Greece dropped remarkably to 389 kg in 2022, waning by -58% compared with the previous year. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 404%. As a result, imports attained the peak of 927 kg, and then shrank significantly in the following year.

In value terms, silver compounds; excluding silver nitrates imports rose to $205K in 2022. Overall, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 169% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

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

1. Germany (259.0 kg)
2. Czech Republic (123.0 kg)
3. Spain (7.0 kg)

Exports of Silver Compounds; Excluding Silver Nitrates in Greece

Silver compounds; excluding silver nitrates exports from Greece was estimated at 80 kg in 2021, remaining stable against the year before. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, silver compounds; excluding silver nitrates exports skyrocketed to $53K in 2021. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Bulgaria (80.0 kg)

Source: IndexBox Market Intelligence Platform