Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the UK - 2024

Contents:

1. Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the UK (FOB) - 2022
2. Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the UK (CIF) - 2022
3. Exports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the UK
4. Imports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the UK

Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the UK (FOB) - 2022

In 2022, the average export price for base metals clad with silver; not further worked than semi-manufactured amounted to $151,677 per ton, jumping by 52% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for base metals clad with silver; not further worked than semi-manufactured increased by +64.7% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($337,842 per ton), while the average price for exports to Saudi Arabia ($40,858 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 Luxembourg (+157.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the UK (CIF) - 2022

In 2022, the average import price for base metals clad with silver; not further worked than semi-manufactured amounted to $273,190 per ton, surging by 72% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 124%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 States ($357,987 per ton), while the price for Hong Kong SAR ($44,889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.5%), while the prices for the other major suppliers experienced a decline.

Exports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the UK

After three years of growth, shipments abroad of base metals clad with silver; not further worked than semi-manufactured decreased by -16.7% to 30 tons in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 118%. As a result, the exports attained the peak of 36 tons, and then contracted rapidly in the following year.

In value terms, exports of base metals clad with silver; not further worked than semi-manufactured soared to $4.5M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 97%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured from the UK in 2022:

1. Malaysia (6.3 tons)
2. France (4.8 tons)
3. Saudi Arabia (4.0 tons)
4. Taiwan (Chinese) (3.5 tons)
5. Poland (3.5 tons)
6. Belgium (1.7 tons)
7. China (1.2 tons)
8. Germany (0.9 tons)
9. Hong Kong SAR (0.9 tons)
10. Luxembourg (0.6 tons)
11. United States (0.3 tons)
12. Australia (0.1 tons)

Imports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in the UK

In 2022, overseas purchases of base metals clad with silver; not further worked than semi-manufactured decreased by -81.7% to 10 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 223% against the previous year. As a result, imports attained the peak of 378 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of base metals clad with silver; not further worked than semi-manufactured declined notably to $2.8M in 2022. Over the period under review, imports faced a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 203% against the previous year. As a result, imports attained the peak of $38M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured to the UK in 2022:

1. Germany (5.9 tons)
2. United States (3.0 tons)
3. Hong Kong SAR (0.8 tons)
4. China (0.3 tons)

Source: IndexBox Market Intelligence Platform