Czech Republic: Semi-Manufactured Silver Market 2024

Semi-Manufactured Silver Market Size in the Czech Republic

The Czech semi-manufactured silver market totaled $X in 2022, surging by X% against the previous year. Overall, consumption, however, showed a perceptible slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Semi-Manufactured Silver Production in the Czech Republic

In value terms, semi-manufactured silver production expanded notably to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Semi-manufactured silver production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Semi-Manufactured Silver Exports

Exports from the Czech Republic

In 2022, overseas shipments of silver in semi-manufactured forms increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, faced a precipitous shrinkage. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, semi-manufactured silver exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a sharp reduction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X tons), Switzerland (X tons) and Poland (X tons) were the main destinations of semi-manufactured silver exports from the Czech Republic, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Bulgaria ($X) and Estonia ($X) appeared to be the largest markets for semi-manufactured silver exported from the Czech Republic worldwide, together accounting for X% of total exports. Switzerland, Italy, Slovakia, the United States, Germany and Hungary lagged somewhat behind, together comprising a further X%.

Switzerland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average semi-manufactured silver export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price showed a mild decline. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X,132 per ton), while the average price for exports to Hungary ($X 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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Semi-Manufactured Silver Imports

Imports into the Czech Republic

In 2022, approx. X tons of silver in semi-manufactured forms were imported into the Czech Republic; picking up by X% compared with 2021. In general, total imports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, semi-manufactured silver imports expanded rapidly to $X in 2022. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest semi-manufactured silver supplier to the Czech Republic, accounting for a X% share of total imports. Moreover, semi-manufactured silver imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was held by Spain (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

In value terms, Germany ($X) constituted the largest supplier of silver in semi-manufactured forms to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by Bulgaria ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and Italy (X% per year).

Import Prices by Country

The average semi-manufactured silver import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, semi-manufactured silver import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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