Price for Metals; Silver, Unwrought, (But Not Powder) in Austria - 2023

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Austria (CIF) - 2023
  2. Price for Metals; Silver, Unwrought, (But Not Powder) in Austria (FOB) - 2023
  3. Imports of Metals; Silver, Unwrought, (But Not Powder) in Austria
  4. Exports of Metals; Silver, Unwrought, (But Not Powder) in Austria

Price for Metals; Silver, Unwrought, (But Not Powder) in Austria (CIF) - 2023

The average import price for metals; silver, unwrought, (but not powder) stood at $762K per ton in October 2023, shrinking by -4.4% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 16% m-o-m. The import price peaked at $911K per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($772K per ton), while the price for Switzerland totaled $762K per ton.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metals; Silver, Unwrought, (But Not Powder) in Austria (FOB) - 2023

In October 2023, the average export price for metals; silver, unwrought, (but not powder) amounted to $792K per ton, shrinking by -1.8% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 19% month-to-month. As a result, the export price reached the peak level of $947K per ton. From August 2023 to October 2023, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In October 2023, the highest price was recorded for prices to Croatia ($868K per ton) and Slovakia ($848K per ton), while the average price for exports to Italy ($762K per ton) and France ($782K per ton) were amongst the lowest.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+73.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metals; Silver, Unwrought, (But Not Powder) in Austria

For the fourth consecutive year, Austria recorded growth in supplies from abroad of metals; silver, unwrought, (but not powder), which increased by 15% to 405 tons in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 61%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of metals; silver, unwrought, (but not powder) dropped to $281M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 129% against the previous year.

Import of Metals; Silver, Unwrought, (But Not Powder) in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland12.159.0166211159.3%
Germany60.411498.567.94.0%
United KingdomN/AN/A17.7N/A0%
Others3.71.31.92.0-18.5%
Total76.217428428154.5%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Austria in 2022:

  1. Switzerland (299.8 tons)
  2. Germany (102.4 tons)

Exports of Metals; Silver, Unwrought, (But Not Powder) in Austria

Exports of metals; silver, unwrought, (but not powder) from Austria skyrocketed to 45 tons in 2022, growing by 69% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of metals; silver, unwrought, (but not powder) soared to $32M in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 64%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Metals; Silver, Unwrought, (But Not Powder) in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.18.911.016.648.2%
Czech Republic2.12.84.58.257.5%
Croatia0.10.10.41.8162.1%
Italy0.81.01.41.420.5%
Slovakia0.40.71.21.244.2%
Slovenia0.40.31.30.931.0%
FranceN/AN/AN/A0.60%
Hungary0.30.20.50.518.6%
Spain0.30.71.20.30.0%
Others0.51.41.31.026.0%
Total9.816.122.832.449.0%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Austria in 2022:

  1. Germany (24.2 tons)
  2. Czech Republic (10.9 tons)
  3. Croatia (2.4 tons)
  4. Italy (1.9 tons)
  5. Slovakia (1.6 tons)
  6. Slovenia (1.2 tons)
  7. France (0.9 tons)
  8. Hungary (0.6 tons)
  9. Spain (0.4 tons)

Source: IndexBox Market Intelligence Platform

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