Singapore - Silver in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemi-Manufactured Silver Price in Singapore - 2022
Contents:
- Semi-Manufactured Silver Price in Singapore (CIF) - 2022
- Semi-Manufactured Silver Price in Singapore (FOB) - 2022
- Semi-Manufactured Silver Imports in Singapore
- Semi-Manufactured Silver Exports in Singapore
Semi-Manufactured Silver Price in Singapore (CIF) - 2022
In 2022, the average semi-manufactured silver import price amounted to $385,336 per ton, declining by -32.8% against the previous year. Over the period under review, the import price saw a abrupt decrease. The growth pace was the most rapid in 2019 when the average import price increased by 34% against the previous year. The import price peaked at $855,733 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 Hong Kong SAR ($616,216 per ton), while the price for Japan ($92,506 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-1.9%), while the prices for the other major suppliers experienced a decline.
Semi-Manufactured Silver Price in Singapore (FOB) - 2022
The average semi-manufactured silver export price stood at $502K per ton in September 2022, growing by 17% against the previous month. Over the period under review, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in January 2022 when the average export price increased by 75% month-to-month. Over the period under review, the average export prices attained the maximum at $730K per ton in February 2022; however, from March 2022 to September 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2.2M per ton), while the average price for exports to the Philippines ($177K per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Semi-Manufactured Silver Imports in Singapore
In 2022, purchases abroad of silver in semi-manufactured forms decreased by -40.4% to 168 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 74%. As a result, imports attained the peak of 397 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, semi-manufactured silver imports dropped significantly to $65M in 2022. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 125% against the previous year. As a result, imports attained the peak of $179M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Semi-Manufactured Silver in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.6 | 70.3 | 49.5 | 18.8 | 6.4% |
| Hong Kong SAR | 9.6 | 13.6 | 25.4 | 9.6 | 0.0% |
| Turkey | 8.0 | 22.2 | 24.2 | 9.2 | 4.8% |
| Japan | 10.1 | 8.3 | 8.7 | 3.4 | -30.4% |
| United States | 5.0 | 13.7 | 8.8 | 3.4 | -12.1% |
| Canada | 13.8 | 7.9 | 4.4 | 3.2 | -38.6% |
| Germany | 4.1 | 4.8 | 3.9 | 1.6 | -26.9% |
| Others | 13.6 | 38.3 | 36.7 | 15.5 | 4.5% |
| Total | 79.8 | 179 | 162 | 64.8 | -6.7% |
Top Suppliers of Semi-Manufactured Silver to Singapore in 2022:
- Japan (36.4 tons)
- China (35.4 tons)
- United States (15.7 tons)
- Hong Kong SAR (15.6 tons)
- Turkey (15.0 tons)
- Germany (13.0 tons)
- Canada (8.4 tons)
Semi-Manufactured Silver Exports in Singapore
In 2022, approx. 157 tons of silver in semi-manufactured forms were exported from Singapore; increasing by 9.8% on 2021 figures. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, semi-manufactured silver exports soared to $74M in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Semi-Manufactured Silver in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4.5 | 4.8 | 10.6 | 19.4 | 62.8% |
| Indonesia | 3.9 | 4.4 | 8.0 | 14.5 | 54.9% |
| United States | 6.8 | 8.5 | 7.1 | 13.3 | 25.1% |
| India | 4.8 | 0.1 | 4.1 | 7.5 | 16.0% |
| Hong Kong SAR | 3.0 | 3.8 | 0.6 | 4.4 | 13.6% |
| Vietnam | N/A | N/A | 1.9 | 3.5 | 84.2% |
| Thailand | 0.3 | 0.3 | 1.0 | 1.8 | 81.7% |
| South Korea | 0.6 | 1.3 | 1.0 | 1.8 | 44.2% |
| Philippines | 0.7 | 0.5 | 0.8 | 1.4 | 26.0% |
| China | 0.1 | 0.3 | 0.6 | 1.2 | 128.9% |
| Canada | N/A | 0.9 | 0.1 | N/A | -88.9% |
| Others | 0.9 | 9.5 | 3.1 | 5.4 | 81.7% |
| Total | 25.6 | 34.3 | 38.9 | 74.2 | 42.6% |
Top Export Markets for Semi-Manufactured Silver from Singapore in 2022:
- Malaysia (91.3 tons)
- Indonesia (17.5 tons)
- China (8.3 tons)
- United States (8.0 tons)
- Philippines (6.4 tons)
- India (5.7 tons)
- South Korea (4.1 tons)
- Hong Kong SAR (4.1 tons)
- Thailand (3.3 tons)
- Vietnam (2.9 tons)
This report provides an in-depth analysis of the semi-manufactured silver market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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 Singapore.
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This report provides an in-depth analysis of the silver market in Singapore.
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This report provides an in-depth analysis of the unwrought silver market in Singapore.
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This report provides an in-depth analysis of the global semi-manufactured silver market.
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Explore the top import markets for silver and the key statistics behind their import values. Learn about the leading countries in the global trade of silver and the factors driving their demand. Gain insights from the IndexBox market intelligence platform.
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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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