Price for Silver Compounds; Excluding Silver Nitrates in Paraguay - 2023

Contents:

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

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

In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $604,403 per ton, shrinking by -4.6% against the previous year. Overall, the import price recorded a pronounced downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs at $752,947 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Argentina ($1,624,000 per ton), while the price for Germany ($149,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+206.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Silver Compounds; Excluding Silver Nitrates in Paraguay

In 2022, the amount of silver compounds; excluding silver nitrateses imported into Paraguay soared to 62 kg, growing by 72% against the year before. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, silver compounds; excluding silver nitrates imports surged to $37K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silver Compounds; Excluding Silver Nitrates in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil12.316.216.333.139.1%
Argentina3.51.0N/A1.6-23.0%
North MacedoniaN/AN/A1.61.1-31.3%
FranceN/A0.1N/A0.9200.0%
SwitzerlandN/AN/AN/A0.50%
Spain0.4N/A0.50.2-20.6%
Germany0.24.84.50.1-20.6%
Others0.5N/AN/AN/A0%
Total16.922.122.837.530.4%

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

  1. Brazil (52.0 kg)
  2. France (4.0 kg)
  3. North Macedonia (2.0 kg)
  4. Germany (1.0 kg)
  5. Switzerland (1.0 kg)
  6. Argentina (1.0 kg)
  7. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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