Price for Silver Compounds; Excluding Silver Nitrates in Kuwait - 2021
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Kuwait (CIF) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Kuwait
Price for Silver Compounds; Excluding Silver Nitrates in Kuwait (CIF) - 2022
The average import price for silver compounds; excluding silver nitrateses stood at $314,227 per ton in 2022, falling by -2.3% against the previous year. Overall, the import price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 85% against the previous year. The import price peaked at $321,692 per ton in 2021, and then dropped slightly in the following year.
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 the United States ($1,210,543 per ton), while the price for India ($44,682 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Silver Compounds; Excluding Silver Nitrates in Kuwait
Silver compounds; excluding silver nitrates imports into Kuwait dropped markedly to 19 kg in 2022, which is down by -44.1% on 2021 figures. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 580%. As a result, imports reached the peak of 34 kg, and then shrank notably in the following year.
In value terms, silver compounds; excluding silver nitrates imports contracted markedly to $6K in 2022. Overall, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 746%. As a result, imports reached the peak of $11K, and then declined dramatically in the following year.
| Import of Silver Compounds; Excluding Silver Nitrates in Kuwait (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 45.0 | 289 | 4,215 | 2,347 | 273.6% |
| United Kingdom | 2,342 | 639 | 4,283 | 2,129 | -3.1% |
| China | 347 | 114 | 924 | 554 | 16.9% |
| India | 88.0 | 69.0 | 620 | 345 | 57.7% |
| Belgium | 470 | 82.0 | 163 | 341 | -10.1% |
| Germany | 270 | 80.0 | 586 | 317 | 5.5% |
| Czech Republic | 613 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 2.0 | N/A | N/A | 100.0% |
| Total | 4,176 | 1,275 | 10,791 | 6,033 | 13.0% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Kuwait in 2022:
- United Kingdom (8.0 kg)
- India (8.0 kg)
- United States (2.0 kg)
- China (1.0 kg)
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