Price for Silver Compounds; Excluding Silver Nitrates in Slovenia - 2023

Contents:

  1. Price for Silver Compounds; Excluding Silver Nitrates in Slovenia (CIF) - 2022
  2. Price for Silver Compounds; Excluding Silver Nitrates in Slovenia (FOB) - 2022
  3. Imports of Silver Compounds; Excluding Silver Nitrates in Slovenia
  4. Exports of Silver Compounds; Excluding Silver Nitrates in Slovenia

Price for Silver Compounds; Excluding Silver Nitrates in Slovenia (CIF) - 2022

The average import price for silver compounds; excluding silver nitrateses stood at $468,237 per ton in 2022, dropping by -14.1% against the previous year. Overall, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the peak figure at $656,315 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Slovakia ($611,468 per ton), while the price for Germany ($395,307 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+31.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Silver Compounds; Excluding Silver Nitrates in Slovenia (FOB) - 2022

In 2022, the average export price for silver compounds; excluding silver nitrateses amounted to $32,629 per ton, shrinking by -37.8% against the previous year. Overall, the export price recorded a significant contraction. The growth pace was the most rapid in 2018 an increase of 75% against the previous year. Over the period under review, the average export prices reached the peak figure at $692,933 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($102,617 per ton), while the average price for exports to South Korea ($12,195 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 Italy (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silver Compounds; Excluding Silver Nitrates in Slovenia

In 2022, supplies from abroad of silver compounds; excluding silver nitrateses decreased by -18.6% to 1.6 tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 218% against the previous year. As a result, imports reached the peak of 2.1 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, silver compounds; excluding silver nitrates imports shrank notably to $758K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 195%.

Import of Silver Compounds; Excluding Silver Nitrates in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany89.552463740565.4%
Slovakia15932232729823.3%
France0.70.986.945.2301.2%
United Kingdom55.556.40.1N/A-95.8%
Others4.49.231.89.428.8%
Total3099131,08375834.9%

Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Slovenia in 2022:

  1. Germany (1025.0 kg)
  2. Slovakia (487.0 kg)
  3. France (89.0 kg)

Exports of Silver Compounds; Excluding Silver Nitrates in Slovenia

In 2022, the amount of silver compounds; excluding silver nitrateses exported from Slovenia skyrocketed to 2.9 tons, growing by 82% on the previous year's figure. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silver compounds; excluding silver nitrates exports reached $95K in 2022. In general, exports, however, continue to indicate a sharp decrease.

Export of Silver Compounds; Excluding Silver Nitrates in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.413.925.137.922.9%
Serbia1.40.30.525.9164.5%
India4.51.23.77.317.5%
Croatia0.15.94.74.8263.4%
Germany1511992.74.2-69.7%
Spain3.01.92.11.9-14.1%
South KoreaN/A0.21.31.6182.8%
Others39.911.243.711.2-34.5%
Total22023483.694.7-24.5%

Top Export Markets for Silver Compounds; Excluding Silver Nitrates from Slovenia in 2022:

  1. China (1492.0 kg)
  2. India (562.0 kg)
  3. Serbia (391.0 kg)
  4. Spain (144.0 kg)
  5. South Korea (128.0 kg)
  6. Germany (78.0 kg)
  7. Croatia (47.0 kg)

Source: IndexBox Market Intelligence Platform

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