Scandinavia: Semi-Manufactured Silver Market 2024

Semi-Manufactured Silver Market Size in Scandinavia

The Scandinavia semi-manufactured silver market rose to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Semi-Manufactured Silver Production in Scandinavia

In value terms, semi-manufactured silver production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, saw a deep slump. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Semi-Manufactured Silver Exports

Exports in Scandinavia

In 2022, shipments abroad 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, recorded a deep reduction. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, semi-manufactured silver exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt descent. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway was the largest exporting country with an export of around X tons, which finished at X% of total exports. Sweden (X tons) held the second position in the ranking, followed by Finland (X tons). All these countries together took approx. X% share of total exports.

Exports from Norway decreased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Sweden (X%) illustrated a downward trend over the same period. Norway (X p.p.) and Finland (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Norway ($X) remains the largest semi-manufactured silver supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

In Norway, semi-manufactured silver exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the export price figures.

Semi-Manufactured Silver Imports

Imports in Scandinavia

In 2022, imports of silver in semi-manufactured forms in Scandinavia shrank to X tons, with a decrease of X% compared with the year before. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, semi-manufactured silver imports dropped to $X in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) and Finland (X tons) were the largest importers of silver in semi-manufactured forms in Scandinavia, together making up X% of total imports. It was distantly followed by Norway (X tons), mixing up a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X) constitutes the largest market for imported silver in semi-manufactured forms in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

In Sweden, semi-manufactured silver imports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price showed a perceptible slump. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :