Price for Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka - 2022
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka (CIF) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka (FOB) - 2022
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka
Price for Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka (CIF) - 2022
The average import price for metals; silver, unwrought, (but not powder) stood at $698,259 per ton in 2022, reducing by -17.9% against the previous year. In general, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 35%. The import price peaked at $1,073,793 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,102,467 per ton), while the price for the United States ($391,789 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka (FOB) - 2022
In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $638,212 per ton, falling by -11.1% against the previous year. Overall, the export price, however, posted a temperate increase. The growth pace was the most rapid in 2013 when the average export price increased by 129% against the previous year. As a result, the export price attained the peak level of $1,206,667 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -0.1% per year.
Imports of Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka
In 2022, approx. 776 kg of metals; silver, unwrought, (but not powder) were imported into Sri Lanka; growing by 2.8% on 2021. In general, imports, however, faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 9.6%.
In value terms, imports of metals; silver, unwrought, (but not powder) declined remarkably to $542K in 2022. Over the period under review, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 48%.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 150 | 62.7 | 163 | 204 | 10.8% |
| Italy | 94.9 | 223 | 295 | 160 | 19.0% |
| Germany | 335 | 79.7 | 85.2 | 97.1 | -33.8% |
| Hong Kong SAR | 136 | 39.9 | 51.4 | 27.4 | -41.4% |
| Japan | 8.2 | 6.9 | 14.7 | 20.3 | 35.3% |
| India | 0.5 | N/A | 15.7 | 16.5 | 220.8% |
| United States | 51.8 | 11.6 | 5.1 | 7.4 | -47.7% |
| Australia | 29.8 | 8.6 | 10.9 | 5.7 | -42.4% |
| Others | 8.8 | 0.8 | 1.0 | 3.4 | -27.2% |
| Total | 815 | 433 | 642 | 542 | -12.7% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Sri Lanka in 2022:
- Thailand (325.0 kg)
- Italy (203.0 kg)
- Germany (134.0 kg)
- Hong Kong SAR (41.0 kg)
- Japan (22.0 kg)
- United States (19.0 kg)
- India (15.0 kg)
- Australia (11.0 kg)
Exports of Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka
In 2022, after three years of growth, there was significant decline in shipments abroad of metals; silver, unwrought, (but not powder), when their volume decreased by -11.6% to 99 kg. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, the exports reached the peak of 112 kg, and then declined in the following year.
In value terms, exports of metals; silver, unwrought, (but not powder) declined sharply to $63K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of $80K, and then declined markedly in the following year.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 62.8 | 80.4 | 63.2 | 0.3% |
| United Kingdom | 50.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 50.3 | 62.8 | 80.4 | 63.2 | 7.9% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Sri Lanka in 2022:
- Italy (99.0 kg)
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