Australia - Silver, Unwrought Or In Powder Form - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingUnwrought Silver Price in Australia - 2023
Contents:
- Unwrought Silver Price in Australia (CIF) - 2023
- Unwrought Silver Price in Australia (FOB) - 2022
- Unwrought Silver Imports in Australia
- Unwrought Silver Exports in Australia
Unwrought Silver Price in Australia (CIF) - 2023
The average unwrought silver import price stood at $767K per ton in August 2023, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 5% against the previous month. As a result, import price attained the peak level of $768K per ton, leveling off in the following month.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($768K per ton), while the price for China amounted to $768K per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Unwrought Silver Price in Australia (FOB) - 2022
In 2022, the average unwrought silver export price amounted to $771,602 per ton, dropping by -7.8% against the previous year. In general, the export price recorded a slight contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 147%. Over the period under review, the average export prices reached the peak figure at $878,341 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($1,103,557 per ton), while the average price for exports to Hong Kong SAR ($725,077 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 Thailand (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Unwrought Silver Imports in Australia
In 2022, approx. 719 tons of silver, unwrought or in powder form were imported into Australia; picking up by 85% against the year before. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 829%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, unwrought silver imports soared to $568M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,000%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Unwrought Silver in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 19.9 | 212 | 26.2 | 253 | 133.4% |
| United Kingdom | 4.4 | 114 | 81.0 | 242 | 280.3% |
| Indonesia | 3.2 | 21.1 | 10.3 | 34.0 | 119.8% |
| Philippines | N/A | N/A | 5.5 | 16.4 | 198.2% |
| Poland | N/A | N/A | 63.5 | N/A | 0% |
| China | N/A | 6.1 | 36.4 | N/A | 496.7% |
| Others | 5.4 | 9.0 | 20.3 | 22.6 | 61.2% |
| Total | 32.9 | 362 | 243 | 568 | 158.5% |
Top Suppliers of Unwrought Silver to Australia in 2022:
- Hong Kong SAR (367.3 tons)
- United Kingdom (257.4 tons)
- Indonesia (47.0 tons)
- Philippines (17.7 tons)
Unwrought Silver Exports in Australia
Unwrought silver exports from Australia declined rapidly to 595 kg in 2022, shrinking by -95.6% against 2021. Overall, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year.
In value terms, unwrought silver exports contracted markedly to $459K in 2022. Over the period under review, exports recorded a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 91%.
| Export of Unwrought Silver in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 12.9 | 4.6 | 1.3 | 0.3 | -71.5% |
| Thailand | 3.6 | N/A | N/A | 0.1 | -69.7% |
| New Zealand | 0.5 | 0.8 | 0.3 | N/A | -22.5% |
| United States | N/A | N/A | 9.5 | N/A | 0% |
| Others | 0.1 | 0.5 | 0.1 | N/A | 0.0% |
| Total | 17.0 | 5.9 | 11.3 | 0.5 | -69.1% |
Top Export Markets for Unwrought Silver from Australia in 2022:
- Hong Kong SAR (481.0 kg)
- Thailand (61.0 kg)
- New Zealand (50.0 kg)
This report provides an in-depth analysis of the unwrought silver market in Australia. 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)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
460
This report provides an in-depth analysis of the unwrought silver market in Australia.
424
This report provides an in-depth analysis of the silver market in Australia.
412
This report provides an in-depth analysis of the semi-manufactured silver market in Australia.
1363
This report provides an in-depth analysis of the global unwrought silver market.
1328
This report provides an in-depth analysis of the global silver market.
515
This report provides an in-depth analysis of the global semi-manufactured silver market.
460
This report provides an in-depth analysis of the unwrought silver market in Australia.
424
This report provides an in-depth analysis of the silver market in Australia.
412
This report provides an in-depth analysis of the semi-manufactured silver market in Australia.
1363
This report provides an in-depth analysis of the global unwrought silver market.
396
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.
760
The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
352
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.
5466
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...
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...
174
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.
396
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.
760
The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
352
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.
5466
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...
