Metals; Silver Powder Price in Spain - 2023

Contents:

  1. Metals; Silver Powder Price in Spain (CIF) - 2023
  2. Metals; Silver Powder Price in Spain (FOB) - 2022
  3. Metals; Silver Powder Imports in Spain
  4. Metals; Silver Powder Exports in Spain

Metals; Silver Powder Price in Spain (CIF) - 2023

The average metals; silver powder import price stood at $2.1M per ton in July 2023, increasing by 1,029% against the previous month. In general, the import price continues to indicate a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($2.6M per ton), while the price for Japan totaled $2.1M per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Israel (+209.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average metals; silver powder export price amounted to $1,779,091 per ton, picking up by 95% against the previous year. In general, the export price recorded noticeable growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 548% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($1,784,131 per ton), while the average price for exports to Italy amounted to $1,541,920 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+23.6%), while the prices for the other major destinations experienced mixed trend patterns.

Metals; Silver Powder Imports in Spain

In 2022, approx. 5.6 tons of metals; silver powder were imported into Spain; picking up by 49% compared with 2021 figures. Over the period under review, imports, however, showed a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 312%.

In value terms, metals; silver powder imports surged to $1.5M in 2022. In general, imports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 382% against the previous year.

Import of Metals; Silver Powder in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States638176753566-3.9%
Japan1.240.0301422605.8%
Germany1,04028.668.8192-43.1%
NorwayN/AN/AN/A1710%
Czech RepublicN/AN/AN/A1110%
IsraelN/AN/A9.360.7552.7%
Italy1970.10.2N/A-96.8%
Others14.39.792.72.7-42.6%
Total1,8902541,2251,525-6.9%

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

  1. Germany (2724.0 kg)
  2. Japan (1226.0 kg)
  3. United States (1073.0 kg)
  4. Norway (230.0 kg)
  5. Czech Republic (175.0 kg)
  6. Israel (129.0 kg)

Metals; Silver Powder Exports in Spain

In 2022, the amount of metals; silver powder exported from Spain fell dramatically to 264 kg, dropping by -64.9% on the previous year. Over the period under review, exports saw a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 72%. As a result, the exports reached the peak of 753 kg, and then declined significantly in the following year.

In value terms, metals; silver powder exports dropped sharply to $470K in 2022. In general, exports, however, continue to indicate a mild expansion. The growth pace was the most rapid in 2021 with an increase of 1,014% against the previous year. As a result, the exports attained the peak of $688K, and then declined significantly in the following year.

Export of Metals; Silver Powder in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil45046.36244671.2%
United KingdomN/A5.50.30.4-73.0%
DenmarkN/A1.0N/AN/A0%
United Arab EmiratesN/AN/A32.9N/A0%
United StatesN/A8.20.3N/A-96.3%
OthersN/A0.730.22.692.7%
Total45061.86884701.5%

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

  1. Brazil (262.0 kg)
  2. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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