Price for Silver Compounds; Excluding Silver Nitrates in Belarus - 2022
Contents:
- Price for Silver Compounds; Excluding Silver Nitrates in Belarus (CIF) - 2022
- Price for Silver Compounds; Excluding Silver Nitrates in Belarus (FOB) - 2022
- Imports of Silver Compounds; Excluding Silver Nitrates in Belarus
- Exports of Silver Compounds; Excluding Silver Nitrates in Belarus
Price for Silver Compounds; Excluding Silver Nitrates in Belarus (CIF) - 2022
The average import price for silver compounds; excluding silver nitrateses stood at $88,623 per ton in 2022, surging by 5.7% against the previous year. Overall, the import price, however, saw a abrupt decrease. The growth pace was the most rapid in 2015 when the average import price increased by 67% against the previous year. The import price peaked at $415,657 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Armenia ($2,087,981 per ton), while the price for Ukraine ($12,068 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+25.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silver Compounds; Excluding Silver Nitrates in Belarus (FOB) - 2022
The average export price for silver compounds; excluding silver nitrateses stood at $137,250 per ton in 2022, with an increase of 4.7% against the previous year. Overall, the export price, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 224% against the previous year. As a result, the export price reached the peak level of $363,702 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.6% per year.
Imports of Silver Compounds; Excluding Silver Nitrates in Belarus
In 2022, purchases abroad of silver compounds; excluding silver nitrateses was finally on the rise to reach 349 kg after two years of decline. Over the period under review, imports, however, faced a dramatic decline.
In value terms, silver compounds; excluding silver nitrates imports surged to $31K in 2022. In general, imports, however, saw a dramatic contraction.
| Import of Silver Compounds; Excluding Silver Nitrates in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 27.2 | 10.2 | 1.9 | 6.2 | -38.9% |
| Ukraine | 15.7 | 7.3 | 1.3 | 3.6 | -38.8% |
| Armenia | 43.7 | 4.0 | 0.1 | 3.3 | -57.7% |
| Spain | 73.5 | 19.7 | 2.4 | 2.0 | -69.9% |
| Others | 38.7 | 10.9 | 4.0 | 15.9 | -25.7% |
| Total | 199 | 52.2 | 9.6 | 30.9 | -46.3% |
Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Belarus in 2022:
- Ukraine (298.0 kg)
- Spain (15.0 kg)
- Lithuania (4.0 kg)
- Armenia (2.0 kg)
Exports of Silver Compounds; Excluding Silver Nitrates in Belarus
In 2022, the amount of silver compounds; excluding silver nitrateses exported from Belarus was estimated at 8 kg, stabilizing at the previous year's figure. Over the period under review, exports saw a dramatic decline. The smallest decline of -11.1% was in 2021.
In value terms, silver compounds; excluding silver nitrates exports rose slightly to $1.1K in 2022. In general, exports faced a dramatic setback.
| Export of Silver Compounds; Excluding Silver Nitrates in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.6 | 1.1 | 1.0 | 1.1 | -37.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 1.1 | 1.0 | 1.1 | -37.9% |
Top Export Markets for Silver Compounds; Excluding Silver Nitrates from Belarus in 2022:
- Russia (8.0 kg)
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