Metals; Silver Powder Price in Portugal - 2023

Contents:

  1. Metals; Silver Powder Price in Portugal (CIF) - 2022
  2. Metals; Silver Powder Price in Portugal (FOB) - 2022
  3. Metals; Silver Powder Imports in Portugal
  4. Metals; Silver Powder Exports in Portugal

Metals; Silver Powder Price in Portugal (CIF) - 2022

The average metals; silver powder import price stood at $381,854 per ton in 2022, picking up by 60% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. Over the period under review, average import prices hit record highs at $1,012,118 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 the UK ($1,649,641 per ton), while the price for South Korea ($160,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Silver Powder Price in Portugal (FOB) - 2022

The average metals; silver powder export price stood at $845,475 per ton in 2022, with an increase of 372% against the previous year. In general, the export price posted a resilient expansion. Over the period under review, the average export prices reached the maximum at $884,371 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($981,558 per ton), while the average price for exports to Angola ($41,814 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+436.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Silver Powder Imports in Portugal

After three years of growth, purchases abroad of metals; silver powder decreased by -28% to 59 kg in 2022. In general, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 68%.

In value terms, metals; silver powder imports rose sharply to $23K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 91% against the previous year. As a result, imports attained the peak of $23K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Metals; Silver Powder in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.10.32.012.8404.0%
Spain4.216.10.74.30.8%
South Korea3.86.511.23.6-1.8%
Turkey0.6N/A1.60.4-12.6%
Others3.50.44.11.4-26.3%
Total12.223.419.622.522.6%

Top Suppliers of Metals; Silver Powder to Portugal in 2022:

  1. Germany (28.0 kg)
  2. South Korea (23.0 kg)
  3. Spain (7.0 kg)
  4. Turkey (1.0 kg)

Metals; Silver Powder Exports in Portugal

Metals; silver powder exports from Portugal skyrocketed to 79 kg in 2022, increasing by 7,800% on 2021 figures. Over the period under review, exports posted strong growth.

In value terms, metals; silver powder exports skyrocketed to $67K in 2022. Overall, exports showed a significant expansion.

Export of Metals; Silver Powder in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy17.7117N/A48.139.5%
GermanyN/AN/A0.28.13950.0%
France6.1N/AN/A7.46.7%
United States3.414.9N/A1.5-23.9%
NetherlandsN/AN/AN/A0.90%
Angola0.1N/AN/A0.10.0%
OthersN/A1.2N/A0.8-18.4%
Total27.31340.266.934.8%

Top Export Markets for Metals; Silver Powder from Portugal in 2022:

  1. Italy (49.0 kg)
  2. France (10.0 kg)
  3. Germany (8.0 kg)
  4. Netherlands (7.0 kg)
  5. Angola (1.0 kg)
  6. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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