Czech Republic - Silver Nitrate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Czech Republic - Silver Nitrate - Market Analysis, Forecast, Size, Trends And Insights

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Silver Nitrate Price in the Czech Republic - 2023

Contents:

  1. Silver Nitrate Price in the Czech Republic (CIF) - 2022
  2. Silver Nitrate Price in the Czech Republic (FOB) - 2023
  3. Silver Nitrate Imports in the Czech Republic
  4. Silver Nitrate Exports in the Czech Republic

Silver Nitrate Price in the Czech Republic (CIF) - 2022

The average silver nitrate import price stood at $482,917 per ton in 2022, with an increase of 27% against the previous year. Over the period under review, the import price, however, continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 44% against the previous year. Over the period under review, average import prices reached the peak figure at $566,071 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($493,785 per ton) and the Netherlands ($488,928 per ton), while the price for Germany ($469,224 per ton) and Bulgaria ($479,686 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Silver Nitrate Price in the Czech Republic (FOB) - 2023

The average silver nitrate export price stood at $525K per ton in August 2023, with an increase of 2.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in April 2023 an increase of 12% m-o-m. The export price peaked at $542K per ton in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Romania ($568K per ton), while the average price for exports to Slovakia ($98,421 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 Slovakia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Silver Nitrate Imports in the Czech Republic

In 2022, the amount of silver nitrate imported into the Czech Republic declined dramatically to 28 tons, waning by -69.9% on the previous year's figure. Overall, imports faced a dramatic setback. The growth pace was the most rapid in 2021 when imports increased by 55%. As a result, imports attained the peak of 93 tons, and then dropped markedly in the following year.

In value terms, silver nitrate imports declined remarkably to $13M in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 38%.

Import of Silver Nitrate in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A33.89.3-72.5%
BulgariaN/AN/A0.12.01900.0%
United Kingdom19.527.20.91.2-60.5%
Germany1.21.20.31.0-5.9%
OthersN/AN/AN/AN/A0%
Total20.728.535.113.5-13.3%

Top Suppliers of Silver Nitrate to the Czech Republic in 2022:

  1. Netherlands (19.0 tons)
  2. Bulgaria (4.2 tons)
  3. United Kingdom (2.4 tons)
  4. Germany (2.0 tons)

Silver Nitrate Exports in the Czech Republic

In 2022, shipments abroad of silver nitrate decreased by -0.4% to 9.3 tons, falling for the second year in a row after two years of growth. In general, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 3.7% against the previous year. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, silver nitrate exports shrank to $4.5M in 2022. The total export value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 31%.

Export of Silver Nitrate in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,5631,8501,8481,7714.3%
Germany8811,0831,1811,52120.0%
Poland4516135344550.3%
Estonia3525604614014.4%
Netherlands34.118950317472.2%
Belgium89.811411293.71.4%
Others1211672351230.5%
Total3,4924,5774,8734,5389.1%

Top Export Markets for Silver Nitrate from the Czech Republic in 2022:

  1. Italy (3.6 tons)
  2. Germany (3.3 tons)
  3. Poland (0.9 tons)
  4. Estonia (0.8 tons)
  5. Netherlands (0.4 tons)
  6. Belgium (0.2 tons)

Source: IndexBox Market Intelligence Platform

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

  • Czech Republic

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Czech Republic
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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