Price for Silver Compounds; Excluding Silver Nitrates in Venezuela - 2022

Contents:

  1. Price for Silver Compounds; Excluding Silver Nitrates in Venezuela (CIF) - 2022
  2. Imports of Silver Compounds; Excluding Silver Nitrates in Venezuela

Price for Silver Compounds; Excluding Silver Nitrates in Venezuela (CIF) - 2022

In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $2,325,081 per ton, surging by 12% against the previous year. Overall, the import price saw a significant increase. The pace of growth was the most pronounced in 2015 an increase of 75% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Peru ($2,605,485 per ton), while the price for Germany ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+28.4%), while the prices for the other major suppliers experienced a decline.

Imports of Silver Compounds; Excluding Silver Nitrates in Venezuela

In 2022, silver compounds; excluding silver nitrates imports into Venezuela shrank to 37 kg, waning by -14% on the previous year. Overall, imports saw a abrupt shrinkage.

In value terms, silver compounds; excluding silver nitrates imports dropped slightly to $86K in 2022. Over the period under review, imports showed a pronounced slump.

Import of Silver Compounds; Excluding Silver Nitrates in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru96.292.789.386.0-3.7%
SpainN/AN/AN/AN/A0%
GermanyN/AN/AN/AN/A0%
United States0.10.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total96.492.889.386.0-3.7%

Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Venezuela in 2022:

  1. Peru (33.0 kg)
  2. United States (1.0 kg)
  3. Germany (1.0 kg)
  4. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silver compounds; excluding silver nitrates - Venezuela