Saudi Arabia - 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 Saudi Arabia - 2021
Contents:
- Unwrought Silver Price in Saudi Arabia (CIF) - 2022
- Unwrought Silver Price in Saudi Arabia (FOB) - 2022
- Unwrought Silver Imports in Saudi Arabia
- Unwrought Silver Exports in Saudi Arabia
Unwrought Silver Price in Saudi Arabia (CIF) - 2022
In 2022, the average unwrought silver import price amounted to $856,643 per ton, reducing by -5.4% against the previous year. Overall, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 69%. Over the period under review, average import prices hit record highs at $2,298,311 per ton in 2014; however, from 2015 to 2022, 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 Switzerland amounted to +3.7% per year.
Unwrought Silver Price in Saudi Arabia (FOB) - 2022
In 2022, the average unwrought silver export price amounted to $728,907 per ton, falling by -7.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure at $791,103 per ton in 2021, and then fell in the following year.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($810,974 per ton), while the average price for exports to the United Arab Emirates amounted to $645,630 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+0.9%).
Unwrought Silver Imports in Saudi Arabia
In 2022, after three years of growth, there was decline in supplies from abroad of silver, unwrought or in powder form, when their volume decreased by -2.1% to 20 tons. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 280%.
In value terms, unwrought silver imports fell to $17M in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 242%.
| Import of Unwrought 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 Unwrought Silver to Saudi Arabia in 2022:
- United Arab Emirates (20.0 tons)
Unwrought Silver Exports in Saudi Arabia
In 2022, approx. 3.5 tons of silver, unwrought or in powder form were exported from Saudi Arabia; rising by 35% compared with 2021 figures. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 307%. As a result, the exports reached the peak of 4.2 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, unwrought silver exports soared to $2.6M in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 478%. As a result, the exports reached the peak of $3.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Unwrought Silver in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.5 | 1.3 | 1.2 | 1.5 | 44.2% |
| United Arab Emirates | 0.1 | 1.8 | 0.9 | 1.1 | 122.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 3.1 | 2.1 | 2.6 | 73.2% |
Top Export Markets for Unwrought Silver from Saudi Arabia in 2022:
- Switzerland (1.8 tons)
- United Arab Emirates (1.8 tons)
This report provides an in-depth analysis of the unwrought 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)
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.
-
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
393
This report provides an in-depth analysis of the unwrought silver market in Saudi Arabia.
881
This report provides an in-depth analysis of the silver market in Saudi Arabia.
359
This report provides an in-depth analysis of the semi-manufactured silver market in Saudi Arabia.
1375
This report provides an in-depth analysis of the global unwrought silver market.
1334
This report provides an in-depth analysis of the global silver market.
518
This report provides an in-depth analysis of the global semi-manufactured silver market.
393
This report provides an in-depth analysis of the unwrought silver market in Saudi Arabia.
881
This report provides an in-depth analysis of the silver market in Saudi Arabia.
359
This report provides an in-depth analysis of the semi-manufactured silver market in Saudi Arabia.
1375
This report provides an in-depth analysis of the global unwrought silver market.
405
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.
767
The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
362
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.
5475
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...
1024
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...
181
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.
405
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.
767
The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
362
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.
5475
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...
