Price for Metals; Silver, Unwrought, (But Not Powder) in Belgium - 2023
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Belgium (FOB) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Belgium (CIF) - 2022
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Belgium
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Belgium
Price for Metals; Silver, Unwrought, (But Not Powder) in Belgium (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $453,520 per ton in 2022, reducing by -43% against the previous year. In general, the export price saw a deep setback. The growth pace was the most rapid in 2021 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $989,228 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Brazil ($533,127 per ton) and Germany ($458,426 per ton), while the average price for exports to the United States ($391,318 per ton) and the Netherlands ($405,380 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metals; Silver, Unwrought, (But Not Powder) in Belgium (CIF) - 2022
The average import price for metals; silver, unwrought, (but not powder) stood at $199,856 per ton in 2022, shrinking by -36.3% against the previous year. Overall, the import price faced a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 7.7% against the previous year. The import price peaked at $831,578 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($348,114 per ton), while the price for Lao People's Democratic Republic ($51,974 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 (+1.8%), while the prices for the other major suppliers experienced a decline.
Exports of Metals; Silver, Unwrought, (But Not Powder) in Belgium
Exports of metals; silver, unwrought, (but not powder) from Belgium skyrocketed to 1.1K tons in 2022, jumping by 53% against the year before. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.9% against 2019 indices. 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) declined to $507M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 43%.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 247 | 308 | 413 | 437 | 20.9% |
| Canada | N/A | N/A | N/A | 25.2 | 0% |
| Netherlands | 5.9 | 5.0 | 5.9 | 13.4 | 31.4% |
| United States | 18.0 | 50.8 | 15.1 | 11.4 | -14.1% |
| France | 7.3 | 7.8 | 18.9 | 7.5 | 0.9% |
| Thailand | 31.0 | 96.1 | 99.2 | N/A | 78.9% |
| Others | 26.1 | 12.5 | 27.6 | 12.2 | -22.4% |
| Total | 335 | 480 | 580 | 507 | 14.8% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Belgium in 2022:
- Germany (954.0 tons)
- Canada (59.2 tons)
- Netherlands (33.1 tons)
- United States (29.2 tons)
- France (15.4 tons)
Imports of Metals; Silver, Unwrought, (But Not Powder) in Belgium
In 2022, purchases abroad of metals; silver, unwrought, (but not powder) decreased by -18.7% to 127 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a noticeable slump. The growth pace was the most rapid in 2020 when imports increased by 18%. As a result, imports attained the peak of 159 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of metals; silver, unwrought, (but not powder) dropped markedly to $25M in 2022. In general, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2020 when imports increased by 0.3% against the previous year. As a result, imports attained the peak of $63M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 60.0 | 60.5 | 45.2 | 19.6 | -31.1% |
| Germany | 0.3 | 0.9 | 1.8 | 2.9 | 113.0% |
| France | 0.4 | 0.5 | 0.9 | 1.0 | 35.7% |
| Netherlands | 0.9 | 0.4 | 0.1 | 0.8 | -3.9% |
| Lao People's Democratic Republic | 0.7 | 0.6 | 0.1 | 0.5 | -10.6% |
| Others | 0.6 | 0.3 | 0.8 | 0.5 | -5.9% |
| Total | 62.9 | 63.1 | 48.9 | 25.3 | -26.2% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Belgium in 2022:
- United Kingdom (70.4 tons)
- Germany (37.2 tons)
- Lao People's Democratic Republic (9.9 tons)
- Netherlands (4.4 tons)
- France (3.5 tons)
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