Price for Silver Compounds; Excluding Silver Nitrates in Canada - 2023
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Canada (CIF) - 2022
- Price for Silver Compounds; Excluding Silver Nitrates in Canada (FOB) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Canada
- Exports of Silver Compounds; Excluding Silver Nitrates in Canada
Price for Silver Compounds; Excluding Silver Nitrates in Canada (CIF) - 2022
The average import price for silver compounds; excluding silver nitrateses stood at $127,408 per ton in 2022, shrinking by -7% against the previous year. In general, the import price, however, recorded a perceptible increase. The growth pace was the most rapid in 2015 when the average import price increased by 308%. The import price peaked at $778,693 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($127,724 per ton), while the price for Belgium stood at $57,333 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.7%).
Price for Silver Compounds; Excluding Silver Nitrates in Canada (FOB) - 2022
In 2022, the average export price for silver compounds; excluding silver nitrateses amounted to $147,132 per ton, reducing by -89.3% against the previous year. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 95% against the previous year. Over the period under review, the average export prices attained the maximum at $1,658,179 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +22.2% per year.
Imports of Silver Compounds; Excluding Silver Nitrates in Canada
In 2022, purchases abroad of silver compounds; excluding silver nitrateses decreased by -36.8% to 9.6 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. As a result, imports reached the peak of 26 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, silver compounds; excluding silver nitrates imports reduced remarkably to $1.2M in 2022. In general, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 47% against the previous year. As a result, imports reached the peak of $2.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Silver Compounds; Excluding Silver Nitrates in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,444 | 2,188 | 2,042 | 1,172 | -6.7% |
| Belgium | 3.0 | 2.3 | 1.9 | 13.7 | 65.9% |
| Denmark | 25.2 | N/A | N/A | N/A | 0% |
| Others | 37.2 | 34.8 | 30.0 | 33.0 | -3.9% |
| Total | 1,510 | 2,225 | 2,074 | 1,219 | -6.9% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Canada in 2022:
- United States (9.2 tons)
- Belgium (0.2 tons)
Exports of Silver Compounds; Excluding Silver Nitrates in Canada
In 2022, silver compounds; excluding silver nitrates exports from Canada declined markedly to 6 kg, which is down by -66.7% compared with 2021 figures. In general, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, the exports reached the peak of 18 kg, and then fell markedly in the following year.
In value terms, silver compounds; excluding silver nitrates exports declined significantly to $883 in 2022. Over the period under review, exports showed a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 66%. As a result, the exports reached the peak of $25K, and then fell markedly in the following year.
| Export of Silver Compounds; Excluding Silver Nitrates in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.8 | 0.4 | 0.4 | 0.9 | 4.0% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| Belgium | 0.8 | 1.6 | 2.1 | N/A | 62.0% |
| Chile | 5.2 | 2.8 | 3.7 | N/A | -15.6% |
| Sri Lanka | N/A | 0.2 | N/A | N/A | 0% |
| Germany | 0.4 | 0.2 | 0.2 | N/A | -29.3% |
| Switzerland | 0.9 | 0.1 | 0.1 | N/A | -66.7% |
| United States | 11.6 | 5.6 | 6.8 | N/A | -23.4% |
| Poland | 1.4 | 0.9 | 1.4 | N/A | 0.0% |
| Morocco | N/A | 0.8 | N/A | N/A | 0% |
| Israel | 1.7 | 2.3 | 10.0 | N/A | 142.5% |
| Pakistan | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Others | 0.3 | 0.4 | 0.6 | N/A | 41.4% |
| Total | 23.5 | 15.3 | 25.3 | 0.9 | -66.3% |
Top Export Markets for Silver Compounds; Excluding Silver Nitrates from Canada in 2022:
- Japan (6.0 kg)
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