Price for Metals; Silver, Unwrought, (But Not Powder) in Latvia - 2022
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Latvia (FOB) - 2022
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Latvia
Price for Metals; Silver, Unwrought, (But Not Powder) in Latvia (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $792,350 per ton in 2022, dropping by -8.3% against the previous year. Overall, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 67% against the previous year. The export price peaked at $984,972 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($810,333 per ton), while the average price for exports to the UK stood at $784,643 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Metals; Silver, Unwrought, (But Not Powder) in Latvia
In 2022, the amount of metals; silver, unwrought, (but not powder) exported from Latvia soared to 20 kg, increasing by 150% on the previous year's figure. Over the period under review, exports continue to indicate significant growth. 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) skyrocketed to $16K in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 167%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 11.0 | 0% |
| Belgium | 1.6 | 2.6 | 6.9 | 4.9 | 45.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.6 | 2.6 | 6.9 | 15.8 | 114.5% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Latvia in 2022:
- United Kingdom (14.0 kg)
- Belgium (6.0 kg)
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