Metals; Silver Powder Price in Venezuela - 2022
Contents:
Metals; Silver Powder Price in Venezuela (CIF) - 2022
The average metals; silver powder import price stood at $792,800 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price showed a strong increase. The pace of growth appeared the most rapid in 2013 an increase of 84% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.1% per year.
Metals; Silver Powder Imports in Venezuela
In 2022, imports of metals; silver powder into Venezuela dropped rapidly to 5 kg, falling by -44.4% on 2021 figures. In general, imports continue to indicate a sharp slump. The smallest decline of -23.5% was in 2020.
In value terms, metals; silver powder imports contracted markedly to $4K in 2022. Over the period under review, imports saw a sharp downturn. The smallest decline of -25.1% was in 2020.
| Import of Metals; Silver Powder in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.6 | 9.4 | 7.1 | 4.0 | -31.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.6 | 9.4 | 7.1 | 4.0 | -31.8% |
Top Suppliers of Metals; Silver Powder to Venezuela in 2022:
- United States (5.0 kg)
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This report provides an in-depth analysis of the unwrought silver market in Venezuela.
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This report provides an in-depth analysis of the silver market in Venezuela.
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