Price for Silver Compounds; Excluding Silver Nitrates in Latvia - 2023
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Latvia (CIF) - 2022
- Price for Silver Compounds; Excluding Silver Nitrates in Latvia (FOB) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Latvia
- Exports of Silver Compounds; Excluding Silver Nitrates in Latvia
Price for Silver Compounds; Excluding Silver Nitrates in Latvia (CIF) - 2022
In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $658,286 per ton, increasing by 24% against the previous year. Overall, the import price recorded modest growth. The growth pace was the most rapid in 2017 an increase of 172% against the previous year. As a result, import price attained the peak level of $1,366,455 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,277,000 per ton), while the price for the United States ($500,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silver Compounds; Excluding Silver Nitrates in Latvia (FOB) - 2022
The average export price for silver compounds; excluding silver nitrateses stood at $98,429 per ton in 2022, rising by 23% against the previous year. Over the period under review, the export price, however, showed a pronounced shrinkage. Over the period under review, the average export prices reached the maximum at $119,176 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -4.7% per year.
Imports of Silver Compounds; Excluding Silver Nitrates in Latvia
In 2022, approx. 7 kg of silver compounds; excluding silver nitrateses were imported into Latvia; increasing by 75% compared with the previous year. Overall, imports posted buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 200%. As a result, imports attained the peak of 15 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, silver compounds; excluding silver nitrates imports soared to $4.6K in 2022. In general, imports, however, showed a perceptible decrease.
| Import of Silver Compounds; Excluding Silver Nitrates in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 2.5 | 0% |
| Belgium | N/A | N/A | N/A | 1.3 | 0% |
| Germany | 0.5 | 2.6 | 0.6 | 0.8 | 17.0% |
| Russia | 4.5 | N/A | N/A | N/A | 0% |
| Austria | N/A | N/A | 0.4 | N/A | 0% |
| United Kingdom | 0.1 | 1.8 | 0.2 | N/A | 41.4% |
| France | N/A | 0.2 | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 0.9 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.2 | 4.6 | 2.1 | 4.6 | -4.0% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Latvia in 2022:
- United States (5.0 kg)
- Belgium (1.0 kg)
- Germany (1.0 kg)
Exports of Silver Compounds; Excluding Silver Nitrates in Latvia
After two years of decline, overseas shipments of silver compounds; excluding silver nitrateses decreased by -72% to 7 kg in 2022. Overall, exports, however, showed a significant increase.
In value terms, silver compounds; excluding silver nitrates exports declined sharply to $689 in 2022. Over the period under review, exports, however, saw a significant increase.
| Export of Silver Compounds; Excluding Silver Nitrates in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.0 | N/A | 2,003 | 689 | 416.5% |
| Lithuania | 122 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 127 | N/A | 2,003 | 689 | 75.7% |
Top Export Markets for Silver Compounds; Excluding Silver Nitrates from Latvia in 2022:
- Netherlands (7.0 kg)
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