Price for Silver Compounds; Excluding Silver Nitrates in New Zealand - 2023
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in New Zealand (CIF) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in New Zealand
Price for Silver Compounds; Excluding Silver Nitrates in New Zealand (CIF) - 2022
The average import price for silver compounds; excluding silver nitrateses stood at $493,252 per ton in 2022, which is down by -5.8% against the previous year. In general, the import price, however, posted a resilient expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 72%. Over the period under review, average import prices reached the peak figure at $523,525 per ton in 2021, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($493,793 per ton) and Germany ($493,259 per ton), while the price for China ($492,902 per ton) and the Netherlands ($493,243 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Silver Compounds; Excluding Silver Nitrates in New Zealand
In 2022, purchases abroad of silver compounds; excluding silver nitrateses decreased by -37% to 34 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate temperate growth. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. As a result, imports attained the peak of 54 kg, and then dropped sharply in the following year.
In value terms, silver compounds; excluding silver nitrates imports dropped dramatically to $17K in 2022. In general, imports, however, posted temperate growth. The pace of growth appeared the most rapid in 2021 when imports increased by 75%. As a result, imports reached the peak of $28K, and then plummeted in the following year.
Import of Silver Compounds; Excluding Silver Nitrates in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 1.2 | 0.9 | 1.4 | 7.7 | 85.8% |
Germany | 5.0 | 4.2 | 20.2 | 4.8 | -1.4% |
United States | 2.1 | 8.8 | 2.6 | 4.0 | 24.0% |
China | N/A | N/A | 0.1 | 0.3 | 200.0% |
Australia | N/A | 0.1 | 2.5 | 0.2 | 41.4% |
France | 0.9 | N/A | N/A | N/A | 0% |
Czech Republic | 2.6 | N/A | N/A | N/A | 0% |
Others | 3.0 | 1.9 | 1.3 | N/A | -34.2% |
Total | 14.9 | 16.0 | 28.1 | 17.0 | 4.5% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to New Zealand in 2022:
- Netherlands (16.0 kg)
- Germany (10.0 kg)
- United States (8.0 kg)
- China (1.0 kg)
This report provides an in-depth analysis of the colloidal precious metals market in New Zealand.
This report provides an in-depth analysis of the silver nitrate market in New Zealand.
This report provides an in-depth analysis of the global colloidal precious metals market.
This report provides an in-depth analysis of the global silver nitrate market.
This report provides an in-depth analysis of the colloidal precious metals market in New Zealand.
This report provides an in-depth analysis of the silver nitrate market in New Zealand.
This report provides an in-depth analysis of the global colloidal precious metals market.
This report provides an in-depth analysis of the global silver nitrate market.
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