Price for Silver Compounds; Excluding Silver Nitrates in Iran - 2022
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Iran (CIF) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Iran
Price for Silver Compounds; Excluding Silver Nitrates in Iran (CIF) - 2022
The average import price for silver compounds; excluding silver nitrateses stood at $118,865 per ton in 2022, which is down by -11.5% against the previous year. In general, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 159% against the previous year. Over the period under review, average import prices hit record highs at $371,945 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Belgium ($283,200 per ton), while the price for Turkey ($17,737 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+70.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Silver Compounds; Excluding Silver Nitrates in Iran
In 2022, approx. 171 kg of silver compounds; excluding silver nitrateses were imported into Iran; surging by 9.6% on 2021 figures. In general, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, imports attained the peak of 416 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, silver compounds; excluding silver nitrates imports contracted modestly to $20K in 2022. Overall, imports, however, showed a significant contraction.
| Import of Silver Compounds; Excluding Silver Nitrates in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 13.9 | 10.0 | 14.3 | 13.4 | -1.2% |
| Germany | 3.3 | 2.6 | 4.2 | 4.4 | 10.1% |
| Belgium | 1.1 | 0.5 | 1.4 | 1.4 | 8.4% |
| Turkey | 2.7 | 2.9 | 0.2 | 0.3 | -51.9% |
| Austria | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Thailand | N/A | 1.8 | N/A | N/A | 0% |
| Oman | 30.1 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 3.7 | 0.8 | 0.7 | -4.4% |
| Total | 51.9 | 21.6 | 21.0 | 20.3 | -26.9% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Iran in 2022:
- South Korea (116.0 kg)
- Germany (24.0 kg)
- Turkey (19.0 kg)
- Belgium (5.0 kg)
- Austria (3.0 kg)
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