Metals; Silver Powder Price in India - 2023

Contents:

1. Metals; Silver Powder Price in India (CIF) - 2023
2. Metals; Silver Powder Price in India (FOB) - 2023
3. Metals; Silver Powder Imports in India
4. Metals; Silver Powder Exports in India

Metals; Silver Powder Price in India (CIF) - 2023

In July 2023, the average metals; silver powder import price amounted to $91,468 per ton, with an increase of 53% against the previous month. Overall, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in November 2022 an increase of 84% against the previous month. Over the period under review, average import prices hit record highs at $439K per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($811K per ton), while the price for China ($57,006 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Brazil (+0.7%), while the prices for the other major suppliers experienced a decline.

Metals; Silver Powder Price in India (FOB) - 2023

The average metals; silver powder export price stood at $738K per ton in March 2023, therefore, remained relatively stable against the previous month. In general, the export price saw a mild curtailment. The pace of growth was the most pronounced in July 2022 when the average export price increased by 87% month-to-month. As a result, the export price reached the peak level of $1.3M per ton. From August 2022 to March 2023, the the average 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 United States.

From April 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to -1.0% per month.

Metals; Silver Powder Imports in India

For the fourth year in a row, India recorded growth in purchases abroad of metals; silver powder, which increased by 65% to 33 tons in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 369% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, metals; silver powder imports expanded significantly to $4.7M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 270%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Metals; Silver Powder to India in 2022:

1. United States (23.6 tons)
2. Brazil (5.3 tons)
3. Singapore (3.4 tons)
4. Germany (0.6 tons)

Metals; Silver Powder Exports in India

In 2022, approx. 2.7 tons of metals; silver powder were exported from India; picking up by 20% against 2021. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 982% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, metals; silver powder exports totaled $2M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 750%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Metals; Silver Powder from India in 2022:

1. United States (2.7 tons)

Source: IndexBox Market Intelligence Platform