Metals; Silver Powder Price in Norway - 2023
Contents:
- Metals; Silver Powder Price in Norway (FOB) - 2023
- Metals; Silver Powder Price in Norway (CIF) - 2022
- Metals; Silver Powder Exports in Norway
- Metals; Silver Powder Imports in Norway
Metals; Silver Powder Price in Norway (FOB) - 2023
The average metals; silver powder export price stood at $718K per ton in August 2023, shrinking by -9.1% against the previous month. Overall, the export price, however, saw modest growth. The most prominent rate of growth was recorded in April 2023 an increase of 21% against the previous month. Over the period under review, the average export prices hit record highs at $790K per ton in July 2023, and then fell in the following month.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From August 2022 to August 2023, the rate of growth in terms of prices for Switzerland amounted to +1.0% per month.
Metals; Silver Powder Price in Norway (CIF) - 2022
In 2022, the average metals; silver powder import price amounted to $457,582 per ton, dropping by -35.7% against the previous year. Over the period under review, the import price showed a abrupt descent. The growth pace was the most rapid in 2021 an increase of 185% against the previous year. Over the period under review, average import prices attained the maximum at $1,174,608 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($724,086 per ton), while the price for China ($4,140 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Metals; Silver Powder Exports in Norway
In 2022, approx. 14 tons of metals; silver powder were exported from Norway; with an increase of 3.5% on the previous year's figure. In general, exports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year.
In value terms, metals; silver powder exports declined to $9M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, the exports reached the peak of $9.7M, and then declined in the following year.
| Export of Metals; Silver Powder in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 6.8 | 6.5 | 9.7 | 9.0 | 9.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.8 | 6.5 | 9.7 | 9.0 | 9.8% |
Top Export Markets for Metals; Silver Powder from Norway in 2022:
- Switzerland (13.5 tons)
Metals; Silver Powder Imports in Norway
In 2022, imports of metals; silver powder into Norway soared to 463 kg, rising by 30% compared with the year before. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 329% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, metals; silver powder imports reduced dramatically to $212K in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 1,116%. As a result, imports reached the peak of $253K, and then dropped notably in the following year.
| Import of Metals; Silver Powder in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 72.2 | 1.3 | N/A | 114 | 16.4% |
| Colombia | N/A | N/A | N/A | 79.9 | 0% |
| Italy | N/A | N/A | N/A | 11.2 | 0% |
| Thailand | 0.9 | 3.5 | 3.0 | 2.9 | 47.7% |
| United States | 2.1 | 1.3 | 1.3 | 2.2 | 1.6% |
| Germany | 4.2 | 8.5 | 247 | 0.6 | -47.7% |
| China | N/A | N/A | N/A | 0.3 | 0% |
| Sweden | 3.2 | 4.5 | N/A | N/A | 40.6% |
| Others | 1.0 | 1.6 | 2.0 | 0.7 | -11.2% |
| Total | 83.6 | 20.8 | 253 | 212 | 36.4% |
Top Suppliers of Metals; Silver Powder to Norway in 2022:
- United Kingdom (209.0 kg)
- Colombia (142.0 kg)
- China (67.0 kg)
- Italy (24.0 kg)
- United States (10.0 kg)
- Thailand (9.0 kg)
- Germany (1.0 kg)
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