Price for Metals; Silver, Unwrought, (But Not Powder) in Norway - 2024
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Norway (CIF) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Norway (FOB) - 2022
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Norway
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Norway
Price for Metals; Silver, Unwrought, (But Not Powder) in Norway (CIF) - 2022
The average import price for metals; silver, unwrought, (but not powder) stood at $660,717 per ton in 2022, waning by -23% against the previous year. In general, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 an increase of 31%. The import price peaked at $1,027,572 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($743,955 per ton) and Belgium ($741,000 per ton), while the price for the UK ($541,000 per ton) and the United States ($542,889 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+28.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Metals; Silver, Unwrought, (But Not Powder) in Norway (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $266,488 per ton in 2022, which is down by -89.4% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 201% against the previous year. The export price peaked at $2,517,644 per ton in 2021, and then fell significantly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($511,184 per ton), while the average price for exports to Sweden stood at $55,159 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+164.7%), while the prices for the other major destinations experienced a decline.
Imports of Metals; Silver, Unwrought, (But Not Powder) in Norway
In 2022, imports of metals; silver, unwrought, (but not powder) into Norway dropped significantly to 6.5 tons, which is down by -17.9% on 2021 figures. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 7.6% against the previous year.
In value terms, imports of metals; silver, unwrought, (but not powder) dropped significantly to $4.3M in 2022. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $6.8M, and then fell notably in the following year.
Import of Metals; Silver, Unwrought, (But Not Powder) in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 3.9 | 4.7 | 6.1 | 3.3 | -5.4% |
Germany | 1.1 | N/A | 0.3 | 0.5 | -23.1% |
Turkey | N/A | N/A | 0.2 | 0.2 | 0.0% |
Denmark | N/A | N/A | 0.1 | 0.1 | 0.0% |
Spain | N/A | N/A | 0.1 | 0.1 | 0.0% |
United States | 0.3 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
Total | 5.3 | 4.8 | 6.8 | 4.3 | -6.7% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Norway in 2022:
- Sweden (5024.0 kg)
- Germany (733.0 kg)
- Turkey (300.0 kg)
- Spain (198.0 kg)
- Denmark (164.0 kg)
- United States (9.0 kg)
Exports of Metals; Silver, Unwrought, (But Not Powder) in Norway
In 2022, approx. 164 kg of metals; silver, unwrought, (but not powder) were exported from Norway; increasing by 89% compared with 2021 figures. Overall, exports posted a significant increase. 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 markedly to $44K in 2022. Over the period under review, exports, however, recorded a abrupt decline.
Export of Metals; Silver, Unwrought, (But Not Powder) in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 38.9 | 0% |
Sweden | 0.2 | N/A | N/A | 4.9 | 190.4% |
Denmark | 62.6 | N/A | 118 | N/A | 37.3% |
South Africa | N/A | N/A | 101 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 62.7 | N/A | 219 | 43.7 | -11.3% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Norway in 2022:
- Sweden (88.0 kg)
- Germany (76.0 kg)
This report provides an in-depth analysis of the unwrought silver market in Norway.
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This report provides an in-depth analysis of the unwrought silver market in Norway.
This report provides an in-depth analysis of the silver market in Norway.
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