Price for Metals; Silver, Unwrought, (But Not Powder) in Greece - 2023

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Greece (CIF) - 2022
  2. Price for Metals; Silver, Unwrought, (But Not Powder) in Greece (FOB) - 2022
  3. Imports of Metals; Silver, Unwrought, (But Not Powder) in Greece
  4. Exports of Metals; Silver, Unwrought, (But Not Powder) in Greece

Price for Metals; Silver, Unwrought, (But Not Powder) in Greece (CIF) - 2022

The average import price for metals; silver, unwrought, (but not powder) stood at $726,139 per ton in 2022, surging by 3.6% against the previous year. Over the period under review, the import price posted moderate growth. The growth pace was the most rapid in 2021 an increase of 449%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($761,634 per ton), while the price for Italy amounted to $666,511 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metals; Silver, Unwrought, (But Not Powder) in Greece (FOB) - 2022

In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $578,177 per ton, waning by -33.8% against the previous year. Overall, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 520% against the previous year. The export price peaked at $895,934 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($603,927 per ton), while the average price for exports to Germany amounted to $560,234 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+73.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Metals; Silver, Unwrought, (But Not Powder) in Greece

For the third year in a row, Greece recorded decline in purchases abroad of metals; silver, unwrought, (but not powder), which decreased by -22.6% to 3 tons in 2022. Over the period under review, imports showed a dramatic contraction. The smallest decline of -18.7% was in 2020.

In value terms, imports of metals; silver, unwrought, (but not powder) dropped sharply to $2.2M in 2022. In general, imports recorded a sharp descent.

Import of Metals; Silver, Unwrought, (But Not Powder) in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.90.91.31.415.9%
Italy0.60.51.40.75.3%
United Kingdom11.96.3N/AN/A-47.1%
OthersN/AN/AN/AN/A0%
Total13.57.72.72.2-45.4%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Greece in 2022:

  1. Germany (1.9 tons)
  2. Italy (1.1 tons)

Exports of Metals; Silver, Unwrought, (But Not Powder) in Greece

Exports of metals; silver, unwrought, (but not powder) from Greece soared to 496 kg in 2022, with an increase of 165% on the year before. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 18,600% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of metals; silver, unwrought, (but not powder) soared to $287K in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 115,772% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Metals; Silver, Unwrought, (But Not Powder) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A1460%
United Arab EmiratesN/AN/AN/A1400%
Hong Kong SARN/AN/A158N/A0%
Cyprus15.2N/A5.6N/A-39.3%
Italy9.0N/AN/AN/A0%
Others0.20.1N/A0.426.0%
Total24.40.1163287127.4%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Greece in 2022:

  1. Germany (261.0 kg)
  2. United Arab Emirates (232.0 kg)

Source: IndexBox Market Intelligence Platform

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