Turkey - Silver in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemi-Manufactured Silver Price in Turkey - 2023
Contents:
- Semi-Manufactured Silver Price in Turkey (FOB) - 2023
- Semi-Manufactured Silver Price in Turkey (CIF) - 2022
- Semi-Manufactured Silver Exports in Turkey
- Semi-Manufactured Silver Imports in Turkey
Semi-Manufactured Silver Price in Turkey (FOB) - 2023
In July 2023, the average semi-manufactured silver export price amounted to $134K per ton, declining by -9.7% against the previous month. In general, export price indicated a slight increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, semi-manufactured silver export price decreased by -30.4% against May 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 37% against the previous month. As a result, the export price reached the peak level of $192K per ton. From June 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Spain ($159K per ton), while the average price for exports to Israel ($85,309 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+39.2%), while the prices for the other major destinations experienced more modest paces of growth.
Semi-Manufactured Silver Price in Turkey (CIF) - 2022
The average semi-manufactured silver import price stood at $194,938 per ton in 2022, waning by -22.6% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 37% against the previous year. The import price peaked at $441,821 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($451,996 per ton), while the price for Hungary ($67,435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.0%), while the prices for the other major suppliers experienced a decline.
Semi-Manufactured Silver Exports in Turkey
In 2022, shipments abroad of silver in semi-manufactured forms decreased by -9.2% to 204 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 353% against the previous year.
In value terms, semi-manufactured silver exports reduced to $25M in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 220% against the previous year.
| Export of Semi-Manufactured Silver in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.0 | 9.6 | 12.5 | 11.8 | 80.7% |
| Italy | 1.1 | 3.3 | 6.5 | 5.3 | 68.9% |
| France | 1.4 | 3.6 | 5.1 | 5.2 | 54.9% |
| Spain | 0.5 | 1.1 | 1.8 | 1.0 | 26.0% |
| Others | 0.8 | 0.7 | 1.4 | 1.5 | 23.3% |
| Total | 5.7 | 18.3 | 27.2 | 24.8 | 63.3% |
Top Export Markets for Semi-Manufactured Silver from Turkey in 2022:
- Germany (97.5 tons)
- Italy (47.2 tons)
- France (43.2 tons)
- Spain (8.9 tons)
Semi-Manufactured Silver Imports in Turkey
In 2022, approx. 71 tons of silver in semi-manufactured forms were imported into Turkey; surging by 14% against the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, semi-manufactured silver imports contracted to $14M in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 83%. As a result, imports reached the peak of $16M, and then dropped in the following year.
| Import of Semi-Manufactured Silver in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.4 | 5.6 | 10.5 | 6.8 | 15.6% |
| Italy | 2.0 | 1.3 | 2.8 | 4.8 | 33.9% |
| France | 0.5 | 0.8 | 1.1 | 1.1 | 30.1% |
| India | 0.3 | 0.4 | 0.8 | 0.5 | 18.6% |
| Hungary | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| Others | 0.6 | 0.3 | 0.3 | 0.4 | -12.6% |
| Total | 8.0 | 8.6 | 15.8 | 13.9 | 20.2% |
Top Suppliers of Semi-Manufactured Silver to Turkey in 2022:
- Italy (30.0 tons)
- Germany (27.2 tons)
- France (6.1 tons)
- Hungary (5.6 tons)
- India (1.2 tons)
This report provides an in-depth analysis of the semi-manufactured silver market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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 Turkey.
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This report provides an in-depth analysis of the semi-manufactured silver market in Turkey.
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This report provides an in-depth analysis of the silver market in Turkey.
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This report provides an in-depth analysis of the unwrought silver market in Turkey.
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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 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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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.
5479
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...
1025
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...
