Metals; Silver Powder Price in Latvia - 2022

Contents:

  1. Metals; Silver Powder Price in Latvia (CIF) - 2022
  2. Metals; Silver Powder Imports in Latvia

Metals; Silver Powder Price in Latvia (CIF) - 2022

In 2022, the average metals; silver powder import price amounted to $516,800 per ton, stabilizing at the previous year. Overall, the import price recorded a drastic downturn. The growth pace was the most rapid in 2018 when the average import price increased by 1,325%. The import price peaked at $1,843,625 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($575,250 per ton), while the price for Germany amounted to $283,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-6.7%).

Metals; Silver Powder Imports in Latvia

In 2022, overseas purchases of metals; silver powder decreased by -16.7% to 5 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, imports attained the peak of 8 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, metals; silver powder imports reduced dramatically to $2.6K in 2022. Overall, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 65% against the previous year. As a result, imports reached the peak of $4.6K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Metals; Silver Powder in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.14.12.72.33.1%
Germany0.60.50.40.3-20.6%
OthersN/AN/AN/AN/A0%
Total2.84.63.12.6-2.4%

Top Suppliers of Metals; Silver Powder to Latvia in 2022:

  1. France (4.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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