Price for Silver Compounds; Excluding Silver Nitrates in Chile - 2023
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Chile (CIF) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Chile
Price for Silver Compounds; Excluding Silver Nitrates in Chile (CIF) - 2022
In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $233,954 per ton, surging by 25% against the previous year. Overall, the import price posted a buoyant expansion. The growth pace was the most rapid in 2015 when the average import price increased by 93% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($915,668 per ton), while the price for Spain ($75,405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+42.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Silver Compounds; Excluding Silver Nitrates in Chile
In 2022, supplies from abroad of silver compounds; excluding silver nitrateses decreased by -41.3% to 375 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 21%.
In value terms, silver compounds; excluding silver nitrates imports declined remarkably to $88K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $120K, and then contracted dramatically in the following year.
Import of Silver Compounds; Excluding Silver Nitrates in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.0 | 14.3 | 43.8 | 27.5 | 28.4% |
Spain | 26.6 | 33.1 | 36.4 | 20.9 | -7.7% |
India | 2.1 | 3.3 | 5.2 | 18.2 | 105.4% |
United States | 1.6 | 5.7 | 4.1 | 10.3 | 86.0% |
Others | 26.1 | 31.1 | 30.3 | 10.8 | -25.5% |
Total | 69.4 | 87.5 | 120 | 87.7 | 8.1% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Chile in 2022:
- Spain (277.0 kg)
- United States (37.0 kg)
- China (30.0 kg)
- India (21.0 kg)
This report provides an in-depth analysis of the colloidal precious metals market in Chile.
This report provides an in-depth analysis of the silver nitrate market in Chile.
This report provides an in-depth analysis of the global colloidal precious metals market.
This report provides an in-depth analysis of the global silver nitrate market.
This report provides an in-depth analysis of the colloidal precious metals market in Chile.
This report provides an in-depth analysis of the silver nitrate market in Chile.
This report provides an in-depth analysis of the global colloidal precious metals market.
This report provides an in-depth analysis of the global silver nitrate market.
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