Price for Silver Compounds; Excluding Silver Nitrates in Myanmar - 2022
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Myanmar (CIF) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Myanmar
Price for Silver Compounds; Excluding Silver Nitrates in Myanmar (CIF) - 2022
In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $4,380 per ton, declining by -93.6% against the previous year. Overall, the import price continues to indicate a sharp decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 251% against the previous year. Over the period under review, average import prices attained the maximum at $3,796,929 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -34.0% per year.
Imports of Silver Compounds; Excluding Silver Nitrates in Myanmar
In 2022, imports of silver compounds; excluding silver nitrateses into Myanmar soared to 800 kg, jumping by 406% against the previous year. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 640%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, silver compounds; excluding silver nitrates imports reduced sharply to $3.5K in 2022. In general, imports, however, saw a sharp contraction. The smallest decline of -18.5% was in 2020.
| Import of Silver Compounds; Excluding Silver Nitrates in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | 1.9 | 2.4 | 3.5 | 35.7% |
| India | 20.6 | 9.3 | 5.0 | N/A | -50.7% |
| Thailand | 4.2 | 3.4 | 1.6 | N/A | -38.3% |
| Others | 0.8 | 6.2 | 1.9 | N/A | 54.1% |
| Total | 25.5 | 20.8 | 10.9 | 3.5 | -48.4% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Myanmar in 2022:
- Indonesia (800.0 kg)
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