Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Venezuela - 2022

Contents:

1. Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Venezuela (CIF) - 2022
2. Imports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Venezuela

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

The average import price for base metals clad with silver; not further worked than semi-manufactured stood at $43,882 per ton in 2022, reducing by -34.1% against the previous year. Overall, the import price showed a pronounced decline. The growth pace was the most rapid in 2013 when the average import price increased by 56%. Over the period under review, average import prices hit record highs at $141,929 per ton in 2018; however, from 2019 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 ($159,000 per ton), while the price for the United States ($10,625 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.1%), while the prices for the other major suppliers experienced a decline.

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

Imports of base metals clad with silver; not further worked than semi-manufactured into Venezuela surged to 17 kg in 2022, increasing by 21% on the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +54.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of base metals clad with silver; not further worked than semi-manufactured reduced dramatically to $746 in 2022. In general, imports, however, faced a sharp slump. The smallest decline of -19.9% was in 2020.

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

1. United States (8.0 kg)
2. Brazil (8.0 kg)
3. Italy (1.0 kg)

Source: IndexBox Market Intelligence Platform