Price for Metals; Silver, Unwrought, (But Not Powder) in Finland - 2023

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Finland (CIF) - 2022
  2. Imports of Metals; Silver, Unwrought, (But Not Powder) in Finland

Price for Metals; Silver, Unwrought, (But Not Powder) in Finland (CIF) - 2022

The average import price for metals; silver, unwrought, (but not powder) stood at $721,462 per ton in 2022, with a decrease of -11.1% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for metals; silver, unwrought, (but not powder) increased by +33.3% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 90%. Over the period under review, average import prices reached the maximum at $811,583 per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($738,600 per ton), while the price for France ($634,811 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Metals; Silver, Unwrought, (But Not Powder) in Finland

In 2022, the amount of metals; silver, unwrought, (but not powder) imported into Finland skyrocketed to 7.1 tons, growing by 58% on 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of metals; silver, unwrought, (but not powder) skyrocketed to $5.2M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Metals; Silver, Unwrought, (But Not Powder) in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden2.12.22.83.922.9%
Germany0.20.70.11.071.0%
FranceN/AN/AN/A0.20%
Spain0.2N/A0.4N/A41.4%
SwitzerlandN/AN/A0.4N/A0%
Others0.1N/AN/AN/A0%
Total2.52.93.75.227.7%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Finland in 2022:

  1. Sweden (5.3 tons)
  2. Germany (1.4 tons)
  3. France (0.3 tons)

Source: IndexBox Market Intelligence Platform

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