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

Contents:

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

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

In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $47,944 per ton, which is down by -23.5% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silver compounds; excluding silver nitrates import price increased by +11.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. Over the period under review, average import prices reached the maximum at $71,875 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($229,000 per ton), while the price for Spain ($23,700 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.7%).

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

In 2022, the average export price for silver compounds; excluding silver nitrateses amounted to $200,000 per ton, increasing by 160% against the previous year. Over the period under review, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($261,500 per ton), while the average price for exports to El Salvador totaled $77,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+7.1%).

Imports of Silver Compounds; Excluding Silver Nitrates in Guatemala

In 2022, supplies from abroad of silver compounds; excluding silver nitrateses decreased by -5.3% to 18 kg, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. As a result, imports attained the peak of 22 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, silver compounds; excluding silver nitrates imports dropped remarkably to $863 in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $1.2K, and then dropped dramatically in the following year.

Import of Silver Compounds; Excluding Silver Nitrates in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany44718915.0308-11.7%
Spain45.015.055.023774.0%
SwitzerlandN/AN/AN/A2290%
North MacedoniaN/AN/AN/A89.00%
United States27839.04.0N/A-88.0%
Costa RicaN/A3.0N/AN/A0%
SingaporeN/A75.0N/AN/A0%
BrazilN/AN/A1,116N/A0%
Others252623N/AN/A147.2%
Total1,0229441,190863-5.5%

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

  1. Spain (10.0 kg)
  2. Germany (5.0 kg)
  3. North Macedonia (2.0 kg)
  4. Switzerland (1.0 kg)

Exports of Silver Compounds; Excluding Silver Nitrates in Guatemala

Silver compounds; excluding silver nitrates exports from Guatemala skyrocketed to 3 kg in 2022, surging by 50% on the year before. Over the period under review, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 140% against the previous year. As a result, the exports reached the peak of 12 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, silver compounds; excluding silver nitrates exports soared to $600 in 2022. Overall, exports recorded a strong expansion.

Export of Silver Compounds; Excluding Silver Nitrates in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica38683014752310.7%
El Salvador75.03107.077.00.9%
HondurasN/A45.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total4611,1851546009.2%

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

  1. Costa Rica (2.0 kg)
  2. El Salvador (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silver compounds; excluding silver nitrates - Guatemala