Metals; Silver Powder Price in Turkey - 2023

Contents:

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

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

In 2022, the average metals; silver powder import price amounted to $870,319 per ton, falling by -27.2% against the previous year. Overall, the import price saw a pronounced descent. The pace of growth was the most pronounced in 2020 when the average import price increased by 56%. Over the period under review, average import prices hit record highs at $1,660,331 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($955,107 per ton), while the price for France ($127,853 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average metals; silver powder export price stood at $43,408 per ton in 2022, waning by -12.9% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 133%. The export price peaked at $275,665 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 India ($51,212 per ton), while the average price for exports to France ($15,740 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 the UK (-9.6%), while the prices for the other major destinations experienced a decline.

Metals; Silver Powder Imports in Turkey

In 2022, the amount of metals; silver powder imported into Turkey skyrocketed to 4.7 tons, increasing by 205% against the previous year's figure. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metals; silver powder imports skyrocketed to $4M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 166%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Metals; Silver Powder in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1673769712,163134.8%
Italy63.51166121,442183.2%
United Kingdom23.823.047.6206105.3%
United States3.01.592.8190298.6%
France1.11.519.846.5248.4%
United Arab Emirates28.0166N/AN/A492.9%
Others0.11.679.70.791.3%
Total2876861,8234,049141.6%

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

  1. Norway (2268.0 kg)
  2. Italy (1510.0 kg)
  3. France (364.0 kg)
  4. United Kingdom (297.0 kg)
  5. United States (206.0 kg)

Metals; Silver Powder Exports in Turkey

For the third year in a row, Turkey recorded growth in shipments abroad of metals; silver powder, which increased by 926% to 1.3 tons in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 3,100% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, metals; silver powder exports skyrocketed to $57K in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 7,616% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Metals; Silver Powder in Turkey (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
IndiaN/A3.831.0715.8%
United KingdomN/A2.525.2908.0%
FranceN/A0.10.6500.0%
OthersN/AN/A0.10%
Total0.16.457.02287.5%

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

  1. United Kingdom (661.0 kg)
  2. India (605.0 kg)
  3. France (40.0 kg)

Source: IndexBox Market Intelligence Platform

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