Report Update: May 1, 2024

China - Silver in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Semi-Manufactured Silver Price in China - 2023

Semi-Manufactured Silver Price in China (CIF) - 2022

The average semi-manufactured silver import price stood at $176,664 per ton in 2022, waning by -7.5% against the previous year. Over the period under review, the import price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31%. As a result, import price attained the peak level of $191,079 per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($576,664 per ton), while the price for Hungary ($71,533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.8%), while the prices for the other major suppliers experienced a decline.

Semi-Manufactured Silver Price in China (FOB) - 2022

The average semi-manufactured silver export price stood at $825,969 per ton in 2022, declining by -11.3% against the previous year. In general, the export price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2015 an increase of 91% against the previous year. Over the period under review, the average export prices hit record highs at $931,364 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($2,544,247 per ton), while the average price for exports to India ($274,547 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.

Semi-Manufactured Silver Imports in China

Semi-manufactured silver imports into China declined significantly to 398 tons in 2022, which is down by -17.6% on the year before. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 3.2% against the previous year.

In value terms, semi-manufactured silver imports declined notably to $70M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $92M, and then reduced sharply in the following year.

Import of Semi-Manufactured Silver in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	21.2	23.6	37.4	30.9	13.4%
South Korea	11.4	9.5	11.2	7.9	-11.5%
Germany	5.8	6.7	7.8	7.2	7.5%
Italy	1.8	2.1	2.5	2.3	8.5%
Hungary	N/A	0.2	0.3	0.3	22.5%
Taiwan (Chinese)	10.0	N/A	N/A	N/A	0%
Others	19.3	25.9	33.0	21.7	4.0%
Total	69.5	68.0	92.2	70.2	0.3%

Top Suppliers of Semi-Manufactured Silver to China in 2022:

Japan (140.8 tons)
South Korea (37.4 tons)
Germany (36.9 tons)
Italy (4.0 tons)
Hungary (3.9 tons)

Semi-Manufactured Silver Exports in China

Semi-manufactured silver exports from China surged to 9 tons in 2022, growing by 49% compared with the year before. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, semi-manufactured silver exports skyrocketed to $7.4M in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 119%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Semi-Manufactured Silver in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	633	1,027	3,734	4,733	95.5%
Slovenia	672	494	544	765	4.4%
Pakistan	2.0	4.1	N/A	356	462.5%
Japan	383	308	67.2	301	-7.7%
Italy	57.4	65.1	345	300	73.5%
Spain	418	306	385	296	-10.9%
Switzerland	238	77.4	98.9	144	-15.4%
Slovakia	N/A	N/A	48.9	114	133.1%
India	4.5	9.5	42.8	74.8	155.2%
Vietnam	199	71.8	N/A	13.6	-59.1%
Singapore	108	61.7	13.7	9.2	-56.0%
Others	244	148	362	329	10.5%
Total	2,959	2,573	5,642	7,436	36.0%

Top Export Markets for Semi-Manufactured Silver from China in 2022:

Germany (5531.0 kg)
Slovenia (1039.0 kg)
Pakistan (450.0 kg)
Spain (375.0 kg)
Japan (329.0 kg)
Italy (303.0 kg)
India (272.0 kg)
Switzerland (173.0 kg)
Slovakia (137.0 kg)
Vietnam (26.0 kg)
Singapore (4.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the semi-manufactured silver market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24411050 - Silver, in semi-manufactured forms (including plated with gold or platinum) (excluding unwrought or in powder form)

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023