Brazil - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 26, 2024

Brazil - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Silver Price in Brazil - 2023

Contents:

  1. Silver Price in Brazil (CIF) - 2023
  2. Silver Price in Brazil (FOB) - 2022
  3. Silver Imports in Brazil
  4. Silver Exports in Brazil

Silver Price in Brazil (CIF) - 2023

In July 2023, the average silver import price amounted to $745K per ton, remaining relatively unchanged against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 26% against the previous month. Over the period under review, average import prices hit record highs at $775K per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($898K per ton), while the price for France ($178K per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Silver Price in Brazil (FOB) - 2022

In 2022, the average silver export price amounted to $409,922 per ton, dropping by -4.6% against the previous year. Overall, the export price saw a abrupt decrease. The growth pace was the most rapid in 2020 an increase of 43% against the previous year. The export price peaked at $809,453 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($944,129 per ton), while the average price for exports to Colombia ($85,573 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Silver Imports in Brazil

In 2022, the amount of silver including silver plated with gold or platinum imported into Brazil declined dramatically to 98 tons, falling by -25.9% compared with 2021. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year.

In value terms, silver imports reduced remarkably to $66M in 2022. Overall, imports showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. As a result, imports reached the peak of $102M, and then dropped remarkably in the following year.

Import of Silver in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru30.320.460.741.010.6%
Mexico4.920.022.89.323.8%
Bolivia4.85.58.57.214.5%
France2.52.95.35.026.0%
Germany1.51.22.32.010.1%
United States0.50.50.71.233.9%
China0.10.20.70.458.7%
Belgium23.7N/AN/AN/A0%
Others1.51.11.40.4-35.6%
Total69.851.710266.4-1.7%

Top Suppliers of Silver to Brazil in 2022:

  1. Peru (58.4 tons)
  2. Mexico (13.1 tons)
  3. Bolivia (10.6 tons)
  4. France (6.1 tons)
  5. Germany (3.6 tons)
  6. China (3.0 tons)
  7. United States (1.9 tons)

Silver Exports in Brazil

In 2022, silver exports from Brazil shrank dramatically to 9.8 tons, waning by -29.2% compared with 2021 figures. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, the exports reached the peak of 14 tons, and then reduced notably in the following year.

In value terms, silver exports shrank significantly to $4M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 128% against the previous year. As a result, the exports reached the peak of $5.9M, and then shrank dramatically in the following year.

Export of Silver in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2278492,0972,100109.9%
United States1,6231,1792,500988-15.2%
Argentina11620511736045.9%
JapanN/AN/AN/A1750%
Poland65.073.910299.615.3%
Colombia61.466.853.158.4-1.7%
Spain33.614.5N/AN/A-56.8%
Others1802101,0512166.3%
Total2,3062,5985,9203,99720.1%

Top Export Markets for Silver from Brazil in 2022:

  1. United States (3.2 tons)
  2. India (2.8 tons)
  3. Argentina (1.8 tons)
  4. Colombia (0.7 tons)
  5. Japan (0.3 tons)
  6. Poland (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silver market in Brazil. 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 24411030 - Silver, unwrought or in powder form (including plated with gold or platinum)
  • Prodcom 24411050 - Silver, in semi-manufactured forms (including plated with gold or platinum) (excluding unwrought or in powder form)

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • 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
Store
Blog
Event
Brazil - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 26, 2024
Eye 425

This report provides an in-depth analysis of the silver market in Brazil.

Brazil - Silver in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 1, 2024
Eye 473

This report provides an in-depth analysis of the semi-manufactured silver market in Brazil.

Brazil - Silver, Unwrought Or In Powder Form - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 23, 2024
Eye 374

This report provides an in-depth analysis of the unwrought silver market in Brazil.

World - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 25, 2024
Eye 1330

This report provides an in-depth analysis of the global silver market.

World - Silver in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 1, 2024
Eye 517

This report provides an in-depth analysis of the global semi-manufactured silver market.

World - Silver, Unwrought Or In Powder Form - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 23, 2024
Eye 1369

This report provides an in-depth analysis of the global unwrought silver market.

Brazil - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 26, 2024
Eye 425

This report provides an in-depth analysis of the silver market in Brazil.

Brazil - Silver in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 1, 2024
Eye 473

This report provides an in-depth analysis of the semi-manufactured silver market in Brazil.

Brazil - Silver, Unwrought Or In Powder Form - Market Analysis, Forecast, Size, Trends And Insights
$599
Apr 23, 2024
Eye 374

This report provides an in-depth analysis of the unwrought silver market in Brazil.

World - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 25, 2024
Eye 1330

This report provides an in-depth analysis of the global silver market.

Price of Silver in Brazil Decreases by 3%, Averaging $750 per kg
Aug 29, 2023
Eye 317

In June 2023, the Silver price was $750K per ton (CIF, Brazil), decreasing by -3.2% compared to the previous month.

Top Import Markets for Silver: Key Statistics
Dec 11, 2023
Eye 357

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.

Which Country Imports the Most Silver in the World?
May 28, 2018
Eye 5469

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...

Which Country Exports the Most Silver in the World?
May 28, 2018
Eye 1019

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...

Top Import Markets for Semi-Manufactured Silver
Dec 26, 2023
Eye 176

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.

Top Import Markets for Unwrought Silver
Dec 11, 2023
Eye 402

Explore the world's best import markets for unwrought silver, including key statistics and factors driving demand. Learn about the top countries and their import values.

Global Silver Market Slipped Back Slightly to $20.1B, Losing the 2017 Growth Momentum
Aug 15, 2019
Eye 761

The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....

Price of Silver in Brazil Decreases by 3%, Averaging $750 per kg
Aug 29, 2023
Eye 317

In June 2023, the Silver price was $750K per ton (CIF, Brazil), decreasing by -3.2% compared to the previous month.

Top Import Markets for Silver: Key Statistics
Dec 11, 2023
Eye 357

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.

Which Country Imports the Most Silver in the World?
May 28, 2018
Eye 5469

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...

Free Data: Silver Including Silver Plated With Gold Or Platinum - Brazil