Price for Silver Compounds; Excluding Silver Nitrates in Egypt - 2023
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Egypt (CIF) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Egypt
Price for Silver Compounds; Excluding Silver Nitrates in Egypt (CIF) - 2022
In 2021, the average import price for silver compounds; excluding silver nitrateses amounted to $491,094 per ton, rising by 87% against the previous year. Overall, the import price saw a moderate expansion. The import price peaked at $609,747 per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($594,833 per ton), while the price for the United States ($16,881 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Silver Compounds; Excluding Silver Nitrates in Egypt
In 2022, the amount of silver compounds; excluding silver nitrateses imported into Egypt soared to 241 kg, rising by 75% compared with the previous year. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 119% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, silver compounds; excluding silver nitrates imports surged to $119K in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 310%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Silver Compounds; Excluding Silver Nitrates in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 14.8 | 48.3 | 618 | 546.2% | |
| India | 2.0 | 9.6 | 3.6 | 34.2% | |
| Spain | 2.7 | 15.6 | N/A | 477.8% | |
| Slovenia | 54.4 | 132 | N/A | 142.6% | |
| Italy | 48.8 | N/A | N/A | 0% | |
| Others | -114.5 | -189.2 | -553.4 | 119.8% | |
| Total | 8.3 | 16.5 | 67.8 | 185.8% | |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Egypt in 2022:
- Germany (1061.0 kg)
- India (6.0 kg)
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