India - Silver in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemi-Manufactured Silver Price in India - 2023
Contents:
- Semi-Manufactured Silver Price in India (CIF) - 2023
- Semi-Manufactured Silver Price in India (FOB) - 2022
- Semi-Manufactured Silver Imports in India
- Semi-Manufactured Silver Exports in India
Semi-Manufactured Silver Price in India (CIF) - 2023
In July 2023, the average semi-manufactured silver import price amounted to $459K per ton, declining by -8% against the previous month. Over the period under review, the import price recorded a pronounced decrease. The pace of growth appeared the most rapid in March 2023 an increase of 18% m-o-m. Over the period under review, average import prices hit record highs at $746K per ton in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Kazakhstan ($884K per ton), while the price for Brazil ($57,451 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Semi-Manufactured Silver Price in India (FOB) - 2022
In 2022, the average semi-manufactured silver export price amounted to $816,493 per ton, rising by 3.7% against the previous year. Overall, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 106%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($924,963 per ton), while the average price for exports to the United States ($347,463 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 the UK (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.
Semi-Manufactured Silver Imports in India
For the fourth year in a row, India recorded growth in supplies from abroad of silver in semi-manufactured forms, which increased by 314% to 11K tons in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, semi-manufactured silver imports soared to $7B in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 342%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Semi-Manufactured Silver in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.0 | 181 | 751 | 3,081 | 1355.1% |
| Hong Kong SAR | 30.1 | 354 | 675 | 2,768 | 351.4% |
| China | 14.4 | 51.5 | 110 | 452 | 215.4% |
| Switzerland | 1.3 | 0.4 | 74.6 | 306 | 517.4% |
| Netherlands | 29.5 | 20.7 | 32.8 | 134 | 65.6% |
| United States | 14.3 | 9.1 | 15.3 | 62.8 | 63.8% |
| Italy | 13.9 | 8.5 | 14.4 | 59.0 | 61.9% |
| Russia | N/A | 109 | 136 | N/A | 24.8% |
| Others | 83.0 | 95.4 | 97.2 | 137 | 18.2% |
| Total | 188 | 830 | 1,907 | 7,001 | 233.9% |
Top Suppliers of Semi-Manufactured Silver to India in 2022:
- United Kingdom (4.5K tons)
- Hong Kong SAR (4.0K tons)
- China (0.7K tons)
- Switzerland (0.4K tons)
- Netherlands (0.3K tons)
- United States (0.2K tons)
- Italy (0.2K tons)
Semi-Manufactured Silver Exports in India
After three years of growth, shipments abroad of silver in semi-manufactured forms decreased by -13.7% to 377 tons in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 657%.
In value terms, semi-manufactured silver exports declined to $308M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,459% against the previous year.
| Export of Semi-Manufactured Silver in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.2 | 136 | 288 | 256 | 985.8% |
| Canada | 0.5 | 0.4 | 24.9 | 22.1 | 253.6% |
| Australia | 0.1 | 0.1 | 14.9 | 13.3 | 410.4% |
| United States | 3.3 | 11.8 | 3.9 | 5.6 | 19.3% |
| United Arab Emirates | 3.1 | 7.5 | 4.7 | 4.6 | 14.1% |
| Germany | 0.7 | 1.2 | 1.9 | 1.7 | 34.4% |
| Others | 2.4 | 3.0 | 5.8 | 4.7 | 25.1% |
| Total | 10.3 | 160 | 344 | 308 | 210.4% |
Top Export Markets for Semi-Manufactured Silver from India in 2022:
- United Kingdom (276.5 tons)
- Canada (48.8 tons)
- United States (16.2 tons)
- Australia (14.9 tons)
- Germany (5.5 tons)
- United Arab Emirates (3.9 tons)
This report provides an in-depth analysis of the semi-manufactured silver market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
-
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 India.
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This report provides an in-depth analysis of the silver market in India.
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This report provides an in-depth analysis of the unwrought silver market in India.
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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 unwrought silver market.
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This report provides an in-depth analysis of the semi-manufactured silver market in India.
438
This report provides an in-depth analysis of the silver market in India.
589
This report provides an in-depth analysis of the unwrought silver market in India.
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This report provides an in-depth analysis of the global semi-manufactured silver market.
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Silver imports peaked at 1.8K tons before sharply declining the following month, with a value drop to $483M in November 2023.
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Silver imports have surged to a staggering $1.3B in October 2023, and this upward trend is expected to persist in the near future.
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In terms of value, silver imports in July 2023 experienced a significant decline, dropping to $31M.
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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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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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Silver imports peaked at 1.8K tons before sharply declining the following month, with a value drop to $483M in November 2023.
