Saudi Arabia - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilver Price in Saudi Arabia - 2021
Contents:
- Silver Price in Saudi Arabia (CIF) - 2022
- Silver Price in Saudi Arabia (FOB) - 2022
- Silver Imports in Saudi Arabia
- Silver Exports in Saudi Arabia
Silver Price in Saudi Arabia (CIF) - 2022
The average silver import price stood at $795,894 per ton in 2022, waning by -12.2% against the previous year. Over the period under review, the import price, however, showed a notable expansion. The most prominent rate of growth was recorded in 2014 an increase of 191%. As a result, import price reached the peak level of $1,303,994 per ton. From 2015 to 2022, 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 the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +119.2% per year.
Silver Price in Saudi Arabia (FOB) - 2022
In 2022, the average silver export price amounted to $750,931 per ton, falling by -5.1% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 42%. The export price peaked at $791,103 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +1.4% per year.
Silver Imports in Saudi Arabia
In 2022, imports of silver including silver plated with gold or platinum into Saudi Arabia expanded remarkably to 21 tons, picking up by 5.5% on the previous year. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 280%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, silver imports reduced to $17M in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 242% against the previous year.
Import of Silver in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 4.6 | 13.7 | 15.7 | 17.0 | 54.6% |
Switzerland | N/A | 1.9 | 2.7 | N/A | 42.1% |
Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 4.6 | 15.7 | 18.5 | 17.1 | 54.9% |
Top Suppliers of Silver to Saudi Arabia in 2022:
- United Arab Emirates (21.5 tons)
Silver Exports in Saudi Arabia
In 2022, approx. 3.7 tons of silver including silver plated with gold or platinum were exported from Saudi Arabia; growing by 41% on the previous year's figure. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 353%. As a result, the exports reached the peak of 4.6 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, silver exports soared to $2.8M in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 545% against the previous year. As a result, the exports reached the peak of $3.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Silver in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 0.5 | 1.3 | 1.2 | 2.8 | 77.6% |
United Arab Emirates | N/A | 2.2 | 0.9 | N/A | -59.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.5 | 3.5 | 2.1 | 2.8 | 77.6% |
Top Export Markets for Silver from Saudi Arabia in 2022:
- Switzerland (3.7 tons)
This report provides an in-depth analysis of the silver market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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
This report provides an in-depth analysis of the silver market in Saudi Arabia.
This report provides an in-depth analysis of the semi-manufactured silver market in Saudi Arabia.
This report provides an in-depth analysis of the unwrought silver market in Saudi Arabia.
This report provides an in-depth analysis of the global silver market.
This report provides an in-depth analysis of the global semi-manufactured silver market.
This report provides an in-depth analysis of the global unwrought silver market.
This report provides an in-depth analysis of the silver market in Saudi Arabia.
This report provides an in-depth analysis of the semi-manufactured silver market in Saudi Arabia.
This report provides an in-depth analysis of the unwrought silver market in Saudi Arabia.
This report provides an in-depth analysis of the global silver market.
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.
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...
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...
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.
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.
The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
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.
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...
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...
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.