Report Update: May 1, 2024

Germany - Silver Nitrate - Market Analysis, Forecast, Size, Trends And Insights

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Silver Nitrate Price in Germany - 2023

Silver Nitrate Price in Germany (CIF) - 2023

In August 2023, the average silver nitrate import price amounted to $373K per ton, growing by 12% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 82% against the previous month. As a result, import price attained the peak level of $540K per ton. From July 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was North Macedonia ($816K per ton), while the price for Belgium ($305K per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Silver Nitrate Price in Germany (FOB) - 2023

The average silver nitrate export price stood at $241K per ton in August 2023, declining by -18.2% against the previous month. Overall, export price indicated a notable increase from August 2022 to August 2023: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, silver nitrate export price increased by +50.6% against June 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 84% month-to-month. As a result, the export price attained the peak level of $295K per ton, and then declined notably in the following month.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Argentina ($521K per ton), while the average price for exports to Malaysia ($28,080 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Silver Nitrate Imports in Germany

In 2022, silver nitrate imports into Germany stood at 58 tons, increasing by 10% compared with 2021 figures. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 115% against the previous year. As a result, imports attained the peak of 86 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, silver nitrate imports declined to $20M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 108%. As a result, imports attained the peak of $27M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Silver Nitrate in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	5.2	10.6	10.7	11.2	29.1%
Netherlands	N/A	0.2	5.0	4.0	347.2%
North Macedonia	1.0	1.1	1.5	1.3	9.1%
Czech Republic	0.9	0.8	1.0	1.1	6.9%
Switzerland	0.8	1.5	0.4	0.8	0.0%
Bulgaria	0.1	0.3	1.0	0.7	91.3%
France	N/A	7.4	1.4	0.4	-76.8%
Belgium	4.4	4.8	0.1	0.2	-64.3%
Others	0.5	0.2	0.3	0.3	-15.7%
Total	13.0	27.0	21.4	19.9	15.2%

Top Suppliers of Silver Nitrate to Germany in 2022:

United Kingdom (36.3 tons)
Netherlands (8.6 tons)
France (3.5 tons)
Czech Republic (3.4 tons)
North Macedonia (2.2 tons)
Bulgaria (1.5 tons)
Switzerland (1.2 tons)
Belgium (1.0 tons)

Silver Nitrate Exports in Germany

After two years of decline, overseas shipments of silver nitrate increased by 16% to 65 tons in 2022. Overall, exports, however, continue to indicate a abrupt decline.

In value terms, silver nitrate exports surged to $13M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Silver Nitrate in Germany (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	252	675	2,045	5,742	183.5%
Czech Republic	1,467	908	236	911	-14.7%
Malaysia	79.8	103	63.1	594	95.3%
Thailand	259	120	203	575	30.5%
France	1,153	195	849	388	-30.4%
Italy	741	675	156	324	-24.1%
Switzerland	542	469	231	298	-18.1%
Turkey	230	282	191	285	7.4%
Austria	155	211	210	279	21.6%
Taiwan (Chinese)	164	165	204	207	8.1%
United Kingdom	129	4,509	135	124	-1.3%
Brazil	68.1	55.5	86.7	104	15.2%
Australia	48.2	31.4	53.7	54.7	4.3%
Others	4,146	2,569	3,284	3,273	-7.6%
Total	9,434	10,967	7,947	13,159	11.7%

Top Export Markets for Silver Nitrate from Germany in 2022:

Belgium (21.6 tons)
Taiwan (Chinese) (5.5 tons)
Thailand (3.1 tons)
Malaysia (2.6 tons)
France (2.4 tons)
Turkey (2.3 tons)
Brazil (2.1 tons)
Italy (1.8 tons)
Czech Republic (1.8 tons)
Australia (1.6 tons)
United Kingdom (1.4 tons)
Switzerland (1.4 tons)
Austria (1.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silver nitrate market in Germany. 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:

Germany

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Germany
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023