Uzbekistan - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Silver Price in Uzbekistan - 2023

Contents:

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

Silver Price in Uzbekistan (FOB) - 2022

In 2022, the average silver export price amounted to $726,500 per ton, shrinking by -13.2% against the previous year. Overall, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 30% against the previous year. The export price peaked at $892,157 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +16.4% per year.

Silver Price in Uzbekistan (CIF) - 2022

The average silver import price stood at $713,559 per ton in 2022, shrinking by -14.6% against the previous year. Overall, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 52%. As a result, import price attained the peak level of $835,644 per ton, and then dropped in the following year.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2017 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +11.2% per year.

Silver Exports in Uzbekistan

In 2022, the amount of silver including silver plated with gold or platinum exported from Uzbekistan fell to 200 tons, dropping by -7.5% compared with 2021. In general, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.

In value terms, silver exports fell rapidly to $145M in 2022. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 56%.

Export of Silver in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/A12.2N/A0%
United Kingdom34.625.340.8N/A8.6%
India52.429.933.6N/A-19.9%
United StatesN/A19.122.5N/A17.8%
Others15641.971.7145-2.4%
Total243116181145-15.8%

Top Export Markets for Silver from Uzbekistan in 2022:

    Silver Imports in Uzbekistan

    In 2022, after three years of growth, there was significant decline in supplies from abroad of silver including silver plated with gold or platinum, when their volume decreased by -63.4% to 18 tons. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of 50 tons, and then shrank dramatically in the following year.

    In value terms, silver imports contracted notably to $13M in 2022. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. As a result, imports reached the peak of $41M, and then contracted sharply in the following year.

    Import of Silver in Uzbekistan (Million USD)
    COUNTRY2019202020212022CAGR,
    2019-2022
    Kazakhstan15.620.141.212.9-6.1%
    OthersN/A0.10.2N/A100.0%
    Total15.620.241.413.0-5.9%

    Top Suppliers of Silver to Uzbekistan in 2022:

    1. Kazakhstan (18.1 tons)

    Source: IndexBox Market Intelligence Platform

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

    • Uzbekistan

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Uzbekistan
    • 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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    Free Data: Silver Including Silver Plated With Gold Or Platinum - Uzbekistan