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

Contents:

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

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

In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $133,087 per ton, growing by 14% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 61% against the previous year. As a result, import price reached the peak level of $214,999 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($405,139 per ton), while the price for Pakistan ($9,689 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for silver compounds; excluding silver nitrateses stood at $370,366 per ton in 2022, surging by 24% against the previous year. Overall, the export price saw a modest expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 83%. As a result, the export price reached the peak level of $574,307 per ton. From 2015 to 2022, the average 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 Sweden ($959,383 per ton), while the average price for exports to Denmark stood at $278,711 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+18.5%).

Imports of Silver Compounds; Excluding Silver Nitrates in Norway

In 2022, silver compounds; excluding silver nitrates imports into Norway shrank significantly to 45 kg, declining by -82.7% compared with 2021 figures. Over the period under review, imports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.

In value terms, silver compounds; excluding silver nitrates imports shrank rapidly to $6K in 2022. Overall, imports faced a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of $30K, and then fell remarkably in the following year.

Import of Silver Compounds; Excluding Silver Nitrates in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.40.90.82.826.0%
United States0.40.71.62.584.2%
ThailandN/A0.6N/A0.4-18.4%
Sweden0.90.30.80.2-39.4%
PakistanN/AN/AN/A0.10%
United Kingdom0.60.20.6N/A0.0%
France12.710.67.5N/A-23.2%
Denmark10.68.611.6N/A4.6%
Others0.60.77.4N/A251.2%
Total27.222.530.46.0-39.6%

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

  1. United States (18.0 kg)
  2. Pakistan (13.0 kg)
  3. Germany (12.0 kg)
  4. Sweden (1.0 kg)
  5. Thailand (1.0 kg)

Exports of Silver Compounds; Excluding Silver Nitrates in Norway

In 2022, approx. 8 kg of silver compounds; excluding silver nitrateses were exported from Norway; falling by -20% against the previous year's figure. In general, exports saw a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 11%.

In value terms, silver compounds; excluding silver nitrates exports expanded slightly to $3.1K in 2022. Overall, exports showed a deep slump.

Export of Silver Compounds; Excluding Silver Nitrates in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1.10.71.21.10.0%
Sweden4.32.11.90.4-54.7%
OthersN/A0.4N/A1.6100.0%
Total5.53.23.03.1-17.4%

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

  1. Denmark (4.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silver compounds; excluding silver nitrates - Norway