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

Contents:

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

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

In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $116,931 per ton, picking up by 16% against the previous year. In general, the import price, however, recorded a pronounced slump. Over the period under review, average import prices reached the maximum at $160,786 per ton in 2012; however, from 2013 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 China ($741,807 per ton), while the price for Poland ($79,175 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for silver compounds; excluding silver nitrateses amounted to $22,780 per ton, waning by -21.1% against the previous year. Over the period under review, the export price faced a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 0.2%. Over the period under review, the average export prices hit record highs at $91,652 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 Kyrgyzstan ($917,455 per ton), while the average price for exports to Georgia totaled $4,975 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-12.0%).

Imports of Silver Compounds; Excluding Silver Nitrates in Ukraine

In 2022, supplies from abroad of silver compounds; excluding silver nitrateses decreased by -12.9% to 1.8 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of 2.4 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, silver compounds; excluding silver nitrates imports reached $208K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 37%. As a result, imports attained the peak of $282K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Silver Compounds; Excluding Silver Nitrates in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland55.692.557.212731.7%
China2.31.62.545.7170.9%
Spain28.224.91.316.7-16.0%
Germany10512778.65.5-62.6%
Others13.636.166.512.6-2.5%
Total2052822062080.5%

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

  1. Poland (1610.0 kg)
  2. China (62.0 kg)
  3. Germany (48.0 kg)
  4. Spain (35.0 kg)

Exports of Silver Compounds; Excluding Silver Nitrates in Ukraine

In 2022, overseas shipments of silver compounds; excluding silver nitrateses decreased by -76.9% to 103 kg, falling for the second year in a row after two years of growth. In general, exports faced a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 50%. As a result, the exports reached the peak of 718 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, silver compounds; excluding silver nitrates exports contracted rapidly to $2.3K in 2022. Over the period under review, exports faced a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. As a result, the exports attained the peak of $23K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Silver Compounds; Excluding Silver Nitrates in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KyrgyzstanN/AN/AN/A1.80%
GeorgiaN/AN/AN/A0.50%
Belarus17.523.412.9N/A-14.1%
OthersN/AN/AN/AN/A0%
Total17.523.412.92.3-49.2%

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

  1. Georgia (100.0 kg)
  2. Kyrgyzstan (2.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silver compounds; excluding silver nitrates - Ukraine