Price for Silver Compounds; Excluding Silver Nitrates in Colombia - 2022
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Colombia (CIF) - 2022
- Price for Silver Compounds; Excluding Silver Nitrates in Colombia (FOB) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Colombia
- Exports of Silver Compounds; Excluding Silver Nitrates in Colombia
Price for Silver Compounds; Excluding Silver Nitrates in Colombia (CIF) - 2022
In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $66,496 per ton, reducing by -5.5% against the previous year. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 53%. Over the period under review, average import prices attained the maximum at $177,548 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($988,006 per ton), while the price for India ($29,253 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+43.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silver Compounds; Excluding Silver Nitrates in Colombia (FOB) - 2022
In 2022, the average export price for silver compounds; excluding silver nitrateses amounted to $508,562 per ton, declining by -7.2% against the previous year. Overall, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 40%. The export price peaked at $638,882 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($519,093 per ton), while the average price for exports to Ecuador amounted to $373,149 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (-1.4%).
Imports of Silver Compounds; Excluding Silver Nitrates in Colombia
After three years of growth, supplies from abroad of silver compounds; excluding silver nitrateses decreased by -16% to 2.3 tons in 2022. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year.
In value terms, silver compounds; excluding silver nitrates imports declined significantly to $155K in 2022. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports attained the peak of $196K, and then contracted sharply in the following year.
| Import of Silver Compounds; Excluding Silver Nitrates in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 66.6 | 70.3 | 5.6% |
| India | 46.3 | 66.8 | 36.8 | 8.6 | -42.9% |
| Others | 48.3 | 48.4 | 92.4 | 76.6 | 16.6% |
| Total | 94.6 | 115 | 196 | 155 | 17.9% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Colombia in 2022:
- Netherlands (1012.0 kg)
- India (294.0 kg)
Exports of Silver Compounds; Excluding Silver Nitrates in Colombia
In 2022, approx. 89 kg of silver compounds; excluding silver nitrateses were exported from Colombia; with a decrease of -40.7% compared with 2021 figures. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 689% against the previous year. As a result, the exports reached the peak of 150 kg, and then shrank remarkably in the following year.
In value terms, silver compounds; excluding silver nitrates exports fell rapidly to $45K in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 903% against the previous year. As a result, the exports reached the peak of $82K, and then dropped markedly in the following year.
| Export of Silver Compounds; Excluding Silver Nitrates in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.1 | 8.1 | 73.4 | 41.6 | 15.4% |
| Ecuador | N/A | N/A | 1.9 | 1.1 | -42.1% |
| France | N/A | N/A | 3.5 | N/A | 0% |
| Others | N/A | N/A | 3.5 | 2.5 | -28.6% |
| Total | 27.2 | 8.2 | 82.3 | 45.3 | 18.5% |
Top Export Markets for Silver Compounds; Excluding Silver Nitrates from Colombia in 2022:
- United States (80.0 kg)
- Ecuador (3.0 kg)
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