Metals; Silver Powder Price in Pakistan - 2022

Contents:

1. Metals; Silver Powder Price in Pakistan (CIF) - 2022
2. Metals; Silver Powder Price in Pakistan (FOB) - 2022
3. Metals; Silver Powder Imports in Pakistan
4. Metals; Silver Powder Exports in Pakistan

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

In 2022, the average metals; silver powder import price amounted to $653,500 per ton, jumping by 17% against the previous year. In general, the import price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 an increase of 46% against the previous year. The import price peaked at $1,054,093 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($1,045,500 per ton), while the price for Germany ($31,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Metals; Silver Powder Price in Pakistan (FOB) - 2022

In 2021, the average metals; silver powder export price amounted to $94,000 per ton, remaining stable against the previous year. In general, the export price continues to indicate a dramatic slump. The growth pace was the most rapid in 2014 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the peak figure at $832,333 per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2021, the rate of growth in terms of prices for Hong Kong SAR amounted to +129.8% per year.

Metals; Silver Powder Imports in Pakistan

In 2022, overseas purchases of metals; silver powder decreased by 0% to 4 kg, falling for the second consecutive year after two years of growth. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of 5 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metals; silver powder imports skyrocketed to $2.6K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

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

1. United Arab Emirates (2.0 kg)
2. Norway (1.0 kg)
3. Germany (1.0 kg)

Metals; Silver Powder Exports in Pakistan

Metals; silver powder exports from Pakistan stood at 1 kg in 2021, remaining constant against 2020 figures. Over the period under review, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, metals; silver powder exports amounted to $94 in 2021. Overall, exports saw a dramatic setback. The smallest decline of 99.9% was in 2020.

Top Export Markets for Metals; Silver Powder from Pakistan in 2022:

1. Thailand (1.0 kg)

Source: IndexBox Market Intelligence Platform