Hong Kong SAR, China - Silver in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemi-Manufactured Silver Price in Hong Kong SAR - 2023
Contents:
- Semi-Manufactured Silver Price in Hong Kong SAR (CIF) - 2022
- Semi-Manufactured Silver Price in Hong Kong SAR (FOB) - 2023
- Semi-Manufactured Silver Imports in Hong Kong SAR
- Semi-Manufactured Silver Exports in Hong Kong SAR
Semi-Manufactured Silver Price in Hong Kong SAR (CIF) - 2022
In 2022, the average semi-manufactured silver import price amounted to $108,386 per ton, jumping by 24% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, semi-manufactured silver import price increased by +105.8% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 27%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($288,507 per ton), while the price for the UK ($36,043 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Semi-Manufactured Silver Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average semi-manufactured silver export price amounted to $519K per ton, which is down by -19.9% against the previous month. Overall, the export price, however, showed a strong increase. The growth pace was the most rapid in May 2023 an increase of 213% m-o-m. As a result, the export price attained the peak level of $648K per ton, and then dropped notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($795K per ton), while the average price for exports to China ($157K per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Semi-Manufactured Silver Imports in Hong Kong SAR
In 2022, imports of silver in semi-manufactured forms into Hong Kong SAR shrank to 386 tons, with a decrease of -14.1% compared with 2021 figures. In general, imports recorded a dramatic curtailment. The smallest decline of -1% was in 2021.
In value terms, semi-manufactured silver imports totaled $42M in 2022. Over the period under review, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 26%.
| Import of Semi-Manufactured Silver in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 12.1 | 10.6 | 16.7 | 14.5 | 6.2% |
| United States | 2.0 | 3.0 | 6.6 | 8.8 | 63.9% |
| China | 18.7 | 3.1 | 2.8 | 6.3 | -30.4% |
| Italy | 1.9 | 1.5 | 3.5 | 2.9 | 15.1% |
| Taiwan (Chinese) | 4.5 | 4.0 | 2.9 | 1.4 | -32.2% |
| Germany | 6.3 | 3.5 | 0.8 | 0.8 | -49.7% |
| Australia | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
| United Kingdom | 0.4 | 0.3 | 0.7 | 0.5 | 7.7% |
| Others | 2.5 | 5.2 | 5.3 | 6.2 | 35.4% |
| Total | 48.6 | 31.2 | 39.3 | 41.8 | -4.9% |
Top Suppliers of Semi-Manufactured Silver to Hong Kong SAR in 2022:
- Japan (198.0 tons)
- China (84.1 tons)
- United States (32.9 tons)
- Taiwan (Chinese) (22.3 tons)
- United Kingdom (14.8 tons)
- Italy (10.0 tons)
- Australia (8.7 tons)
- Germany (3.9 tons)
Semi-Manufactured Silver Exports in Hong Kong SAR
In 2022, approx. 201 tons of silver in semi-manufactured forms were exported from Hong Kong SAR; growing by 11% on the previous year. Overall, exports, however, saw a deep reduction.
In value terms, semi-manufactured silver exports skyrocketed to $40M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Semi-Manufactured Silver in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.1 | 23.5 | 23.7 | 22.8 | -4.4% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.2 | 9.1 | 349.8% |
| United States | 0.1 | 0.1 | 0.2 | 3.9 | 239.1% |
| Canada | N/A | N/A | N/A | 2.6 | 0% |
| Vietnam | 0.7 | 1.0 | 0.9 | 0.2 | -34.1% |
| Others | 2.2 | 2.0 | 1.9 | 1.7 | -8.2% |
| Total | 29.2 | 26.6 | 27.0 | 40.3 | 11.3% |
Top Export Markets for Semi-Manufactured Silver from Hong Kong SAR in 2022:
- China (162.1 tons)
- Canada (15.3 tons)
- Taiwan (Chinese) (12.0 tons)
- United States (5.3 tons)
- Vietnam (1.4 tons)
This report provides an in-depth analysis of the semi-manufactured silver market in Hong Kong SAR, 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the semi-manufactured silver market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the silver market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the unwrought silver market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global semi-manufactured silver market.
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This report provides an in-depth analysis of the global silver market.
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This report provides an in-depth analysis of the semi-manufactured silver market in Hong Kong SAR, China.
325
This report provides an in-depth analysis of the silver market in Hong Kong SAR, China.
291
This report provides an in-depth analysis of the unwrought silver market in Hong Kong SAR, China.
519
This report provides an in-depth analysis of the global semi-manufactured silver market.
349
In January 2023, the silver price amounted to $754K per ton (FOB, Hong Kong), picking up by 5.4% against the previous month.
289
In January 2023, the price of unwrought silver stood at $761 per kg (FOB, Hong Kong SAR, China), showing a 4.3% increase compared to the previous month.
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Explore the top import markets for semi-manufactured silver, including India, the United States, Canada, and the United Kingdom. Learn about their import values and the factors driving their demand for silver. Discover the potential of these markets for exporters and businesses.
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In 2016, approx. X tons of silver were imported worldwide- coming down by -X% against the previous year figure. In general, silver imports continue to indicate a moderate decline. The pace of gr...
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The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
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In January 2023, the silver price amounted to $754K per ton (FOB, Hong Kong), picking up by 5.4% against the previous month.
289
In January 2023, the price of unwrought silver stood at $761 per kg (FOB, Hong Kong SAR, China), showing a 4.3% increase compared to the previous month.
