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

Contents:

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

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

The average import price for silver compounds; excluding silver nitrateses stood at $455,925 per ton in 2022, falling by -8% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 221% against the previous year. Over the period under review, average import prices reached the peak figure at $498,204 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Germany ($663,714 per ton), while the price for Russia ($398,860 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for silver compounds; excluding silver nitrateses amounted to $119,615 per ton, waning by -4.9% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $524,081 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($138,455 per ton), while the average price for exports to Bosnia and Herzegovina stood at $16,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (-5.1%), while the prices for the other major destinations experienced a decline.

Imports of Silver Compounds; Excluding Silver Nitrates in Serbia

In 2022, silver compounds; excluding silver nitrates imports into Serbia expanded rapidly to 896 kg, picking up by 5.5% on 2021 figures. The total import volume increased at an average annual rate of +12.3% 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 33%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, silver compounds; excluding silver nitrates imports fell modestly to $409K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 31%.

Import of Silver Compounds; Excluding Silver Nitrates in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A35.1249205141.7%
North Macedonia2.43.31.8133281.3%
Croatia30.124.050.959.725.6%
Germany64.212238.59.3-47.5%
United States29.06.725.90.3-78.2%
Slovenia1.60.60.5N/A-44.1%
Others13415153.81.2-79.2%
Total26134342140916.2%

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

  1. Russia (515.0 kg)
  2. North Macedonia (260.0 kg)
  3. Croatia (100.0 kg)
  4. Germany (14.0 kg)
  5. United States (1.0 kg)

Exports of Silver Compounds; Excluding Silver Nitrates in Serbia

In 2022, after three years of growth, there was significant decline in overseas shipments of silver compounds; excluding silver nitrateses, when their volume decreased by -97.8% to 13 kg. Overall, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 5.8% against the previous year.

In value terms, silver compounds; excluding silver nitrates exports contracted notably to $1.6K in 2022. Over the period under review, exports showed a precipitous shrinkage. The smallest decline of -15% was in 2021.

Export of Silver Compounds; Excluding Silver Nitrates in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro0.40.40.31.555.4%
Bosnia and HerzegovinaN/AN/AN/AN/A0%
Croatia10387.374.2N/A-15.1%
Others0.20.10.2N/A0.0%
Total10387.974.71.6-75.0%

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

  1. Montenegro (11.0 kg)
  2. Bosnia and Herzegovina (2.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Serbia - Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 139

This report provides an in-depth analysis of the colloidal precious metals market in Serbia.

Serbia - Silver Nitrate - Market Analysis, Forecast, Size, Trends And Insights
$599
May 5, 2024
Eye 89

This report provides an in-depth analysis of the silver nitrate market in Serbia.

World - Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 510

This report provides an in-depth analysis of the global colloidal precious metals market.

World - Silver Nitrate - Market Analysis, Forecast, Size, Trends And Insights
$599
May 5, 2024
Eye 871

This report provides an in-depth analysis of the global silver nitrate market.

Serbia - Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 139

This report provides an in-depth analysis of the colloidal precious metals market in Serbia.

Serbia - Silver Nitrate - Market Analysis, Forecast, Size, Trends And Insights
$599
May 5, 2024
Eye 89

This report provides an in-depth analysis of the silver nitrate market in Serbia.

World - Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 510

This report provides an in-depth analysis of the global colloidal precious metals market.

World - Silver Nitrate - Market Analysis, Forecast, Size, Trends And Insights
$599
May 5, 2024
Eye 871

This report provides an in-depth analysis of the global silver nitrate market.

Import Markets for Colloidal Precious Metals: A Global Analysis
Nov 13, 2023
Eye 290

Explore the top import markets for colloidal precious metals across the world, including India, Mexico, Germany, and more. Learn about the import values, key statistics, and market trends. Dive into the market intelligence provided by IndexBox for informed decision-making.

Which Country Imports the Most Colloidal Precious Metals in the World?
Jul 26, 2018
Eye 1890

In value terms, colloidal precious metals imports stood at $X in 2016. In general, colloidal precious metals imports continue to indicate a pronounced decrease. Over the period under review, global...

Which Country Exports the Most Colloidal Precious Metals in the World?
Jul 26, 2018
Eye 1436

In value terms, colloidal precious metals exports amounted to $X in 2016. In general, colloidal precious metals exports continue to indicate a significant slump. Global colloidal precious metals ex...

Import Markets for Colloidal Precious Metals: A Global Analysis
Nov 13, 2023
Eye 290

Explore the top import markets for colloidal precious metals across the world, including India, Mexico, Germany, and more. Learn about the import values, key statistics, and market trends. Dive into the market intelligence provided by IndexBox for informed decision-making.

Which Country Imports the Most Colloidal Precious Metals in the World?
Jul 26, 2018
Eye 1890

In value terms, colloidal precious metals imports stood at $X in 2016. In general, colloidal precious metals imports continue to indicate a pronounced decrease. Over the period under review, global...

Which Country Exports the Most Colloidal Precious Metals in the World?
Jul 26, 2018
Eye 1436

In value terms, colloidal precious metals exports amounted to $X in 2016. In general, colloidal precious metals exports continue to indicate a significant slump. Global colloidal precious metals ex...

Free Data: Silver compounds; excluding silver nitrates - Serbia