Argentina - Silver Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilver Nitrate Price in Argentina - 2023
Contents:
- Silver Nitrate Price in Argentina (CIF) - 2023
- Silver Nitrate Price in Argentina (FOB) - 2022
- Silver Nitrate Imports in Argentina
- Silver Nitrate Exports in Argentina
Silver Nitrate Price in Argentina (CIF) - 2023
The average silver nitrate import price stood at $615K per ton in June 2023, with an increase of 974% against the previous month. In general, the import price posted noticeable growth. The pace of growth was the most pronounced in January 2023 an increase of 3,392% m-o-m. As a result, import price reached the peak level of $2,122 per kg. From February 2023 to June 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From June 2022 to June 2023, the rate of growth in terms of prices for Germany amounted to +3.3% per month.
Silver Nitrate Price in Argentina (FOB) - 2022
In 2022, the average silver nitrate export price amounted to $427,857 per ton, jumping by 25% against the previous year. Over the period under review, the export price saw prominent growth. The growth pace was the most rapid in 2018 an increase of 281% against the previous year. Over the period under review, the average export prices hit record highs at $594,900 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Paraguay.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +6.0% per year.
Silver Nitrate Imports in Argentina
In 2022, overseas purchases of silver nitrate were finally on the rise to reach 1.5 tons after two years of decline. Overall, imports, however, continue to indicate a sharp decline.
In value terms, silver nitrate imports soared to $492K in 2022. In general, imports, however, showed a significant decrease.
| Import of Silver Nitrate in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 968 | 444 | 254 | 337 | -29.7% |
| North Macedonia | 31.1 | 23.2 | 38.3 | 50.8 | 17.8% |
| Germany | 16.1 | 18.0 | 38.3 | 50.8 | 46.7% |
| United States | 12.6 | 15.1 | 28.4 | 37.6 | 44.0% |
| United Kingdom | 5.9 | 9.9 | 11.4 | 15.1 | 36.8% |
| Others | 10.8 | 57.2 | 0.9 | 1.2 | -51.9% |
| Total | 1,045 | 567 | 371 | 492 | -22.2% |
Top Suppliers of Silver Nitrate to Argentina in 2022:
- Brazil (1105.0 kg)
- Germany (202.0 kg)
- United States (93.0 kg)
- North Macedonia (76.0 kg)
- United Kingdom (25.0 kg)
Silver Nitrate Exports in Argentina
In 2022, exports of silver nitrate from Argentina contracted rapidly to 7 kg, dropping by -22.2% on the previous year. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year.
In value terms, silver nitrate exports contracted modestly to $3K in 2022. Overall, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 6.1%.
| Export of Silver Nitrate in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 5.9 | 2.9 | 3.1 | 3.0 | -20.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.9 | 2.9 | 3.1 | 3.0 | -20.2% |
Top Export Markets for Silver Nitrate from Argentina in 2022:
- Paraguay (7.0 kg)
This report provides an in-depth analysis of the silver nitrate market in Argentina. 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 20135183 - Silver nitrate
Country coverage:
- Argentina
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Argentina
- 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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