Price for Silver Compounds; Excluding Silver Nitrates in Ireland - 2023
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Ireland (CIF) - 2022
- Price for Silver Compounds; Excluding Silver Nitrates in Ireland (FOB) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Ireland
- Exports of Silver Compounds; Excluding Silver Nitrates in Ireland
Price for Silver Compounds; Excluding Silver Nitrates in Ireland (CIF) - 2022
The average import price for silver compounds; excluding silver nitrateses stood at $589,684 per ton in 2022, increasing by 7.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 Italy ($721,411 per ton), while the price for China ($268,593 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silver Compounds; Excluding Silver Nitrates in Ireland (FOB) - 2022
In 2022, the average export price for silver compounds; excluding silver nitrateses amounted to $166,860 per ton, surging by 15% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The export price peaked at $378,338 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($174,473 per ton), while the average price for exports to Belgium totaled $28,661 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Silver Compounds; Excluding Silver Nitrates in Ireland
In 2022, the amount of silver compounds; excluding silver nitrateses imported into Ireland soared to 247 kg, growing by 117% compared with the previous year. In general, imports continue to indicate a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, silver compounds; excluding silver nitrates imports skyrocketed to $146K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silver Compounds; Excluding Silver Nitrates in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.2 | N/A | 1.1 | 63.9 | 276.2% |
| Italy | N/A | N/A | 21.3 | 53.9 | 153.1% |
| United Kingdom | 68.9 | 83.5 | 33.7 | 19.9 | -33.9% |
| China | N/A | N/A | N/A | 2.7 | 0% |
| Belgium | N/A | 0.3 | 3.1 | 2.5 | 188.7% |
| Germany | 1.4 | 1.5 | 3.0 | 2.3 | 18.0% |
| Others | 0.3 | N/A | 0.5 | 0.4 | 10.1% |
| Total | 71.8 | 85.3 | 62.7 | 146 | 26.7% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Ireland in 2022:
- United States (116.0 kg)
- Italy (75.0 kg)
- United Kingdom (35.0 kg)
- China (10.0 kg)
- Belgium (6.0 kg)
- Germany (5.0 kg)
Exports of Silver Compounds; Excluding Silver Nitrates in Ireland
Silver compounds; excluding silver nitrates exports from Ireland surged to 463 kg in 2022, increasing by 120% compared with 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, silver compounds; excluding silver nitrates exports soared to $77K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Silver Compounds; Excluding Silver Nitrates in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | 1.0 | 72.5 | 7150.0% | ||
| Belgium | N/A | 1.2 | 0% | ||
| United Kingdom | 29.3 | N/A | 0% | ||
| Others | 0.2 | 3.6 | 1700.0% | ||
| Total | 30.5 | 77.3 | 153.4% | ||
Top Export Markets for Silver Compounds; Excluding Silver Nitrates from Ireland in 2022:
- Netherlands (415.0 kg)
- Belgium (41.0 kg)
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