Metals; Silver Powder Price in Hungary - 2023
Contents:
- Metals; Silver Powder Price in Hungary (CIF) - 2023
- Metals; Silver Powder Price in Hungary (FOB) - 2022
- Metals; Silver Powder Imports in Hungary
- Metals; Silver Powder Exports in Hungary
Metals; Silver Powder Price in Hungary (CIF) - 2023
The average metals; silver powder import price stood at $76,137 per ton in July 2023, approximately mirroring the previous month. Over the period under review, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 121% against the previous month. The import price peaked at $256K per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($105K per ton), while the price for the United States stood at $63,015 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Metals; Silver Powder Price in Hungary (FOB) - 2022
The average metals; silver powder export price stood at $184,520 per ton in 2022, rising by 161% against the previous year. In general, the export price recorded a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($4,211,601 per ton), while the average price for exports to the United States ($78,888 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 China (+746.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metals; Silver Powder Imports in Hungary
In 2022, after three years of growth, there was significant decline in purchases abroad of metals; silver powder, when their volume decreased by -5.6% to 151 tons. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 1,417% against the previous year.
In value terms, metals; silver powder imports skyrocketed to $15M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 292%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Metals; Silver Powder in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 1.5 | 4.5 | 8.0 | 330.9% |
| China | N/A | N/A | 0.4 | 1.3 | 225.0% |
| Romania | N/A | 2.5 | 3.6 | 1.1 | -33.7% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| Others | 1.0 | 0.3 | 3.0 | 4.1 | 60.1% |
| Total | 1.1 | 4.5 | 11.7 | 15.1 | 139.4% |
Top Suppliers of Metals; Silver Powder to Hungary in 2022:
- United States (111.8 tons)
- China (16.5 tons)
- Romania (13.1 tons)
- Taiwan (Chinese) (7.4 tons)
Metals; Silver Powder Exports in Hungary
In 2022, shipments abroad of metals; silver powder decreased by -85.2% to 11 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 86% against the previous year.
In value terms, metals; silver powder exports shrank rapidly to $2.1M in 2022. Over the period under review, exports, however, continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 79%.
| Export of Metals; Silver Powder in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 2.5 | 3.6 | 1.1 | -33.7% |
| Malaysia | 0.1 | 0.3 | 0.4 | 0.5 | 71.0% |
| United States | 1.6 | 0.6 | 1.4 | 0.4 | -37.0% |
| Others | 0.3 | N/A | 0.1 | 0.1 | -30.7% |
| Total | 2.0 | 3.5 | 5.4 | 2.1 | 1.6% |
Top Export Markets for Metals; Silver Powder from Hungary in 2022:
- Malaysia (6.0 tons)
- United States (4.9 tons)
- China (0.3 tons)
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