Poland: Silver Nitrate Market 2024

Silver Nitrate Market Size in Poland

In 2022, the Polish silver nitrate market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption saw a mild setback. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Silver Nitrate Exports

Exports from Poland

In 2022, the amount of silver nitrate exported from Poland dropped to X tons, reducing by X% against the previous year's figure. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, silver nitrate exports totaled $X in 2022. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ukraine (X kg) was the main destination for silver nitrate exports from Poland, with a X% share of total exports. Moreover, silver nitrate exports to Ukraine exceeded the volume sent to the second major destination, the Netherlands (X kg), threefold. Thailand (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Thailand (X% per year).

In value terms, Ukraine ($X), Estonia ($X) and Thailand ($X) were the largest markets for silver nitrate exported from Poland worldwide, together comprising X% of total exports. Germany, Belgium, the Czech Republic, Malaysia, the Netherlands, Russia and France lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 silver nitrate export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a deep slump. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 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 France ($X per ton), while the average price for exports to the Netherlands ($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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Silver Nitrate Imports

Imports into Poland

After two years of growth, supplies from abroad of silver nitrate decreased by X% to X tons in 2022. Overall, imports saw a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, silver nitrate imports declined rapidly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest silver nitrate supplier to Poland, accounting for a X% share of total imports. Moreover, silver nitrate imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

In value terms, the Netherlands ($X), Belgium ($X) and France ($X) constituted the largest silver nitrate suppliers to Poland, with a combined X% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average silver nitrate import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price posted a moderate expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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