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

Contents:

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

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

The average export price for metals; silver, unwrought, (but not powder) stood at $698,930 per ton in 2022, waning by -14% against the previous year. Over the period under review, the export price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $997,795 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($702,485 per ton) and Japan ($700,947 per ton), while the average price for exports to the United States ($695,658 per ton) and Australia ($696,640 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.0%), while the prices for the other major destinations experienced a decline.

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

The average import price for metals; silver, unwrought, (but not powder) stood at $150,350 per ton in 2022, declining by -24.4% against the previous year. Overall, the import price recorded a deep slump. The growth pace was the most rapid in 2017 an increase of 141%. The import price peaked at $1,055,692 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 Germany ($760,191 per ton), while the price for Canada ($24,439 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of metals; silver, unwrought, (but not powder) were finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a noticeable decrease.

In value terms, exports of metals; silver, unwrought, (but not powder) declined to $887M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $1B, and then reduced in the following year.

Export of Metals; Silver, Unwrought, (But Not Powder) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom562488359372-12.8%
United States10713735020624.4%
Australia42.521626016858.1%
Germany13.17.738.610298.2%
JapanN/AN/AN/A16.40%
Others1.33.213.622.7159.4%
Total7268511,0218876.9%

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

  1. United Kingdom (530.2 tons)
  2. United States (296.6 tons)
  3. Australia (240.6 tons)
  4. Germany (145.8 tons)
  5. Japan (23.3 tons)

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

Imports of metals; silver, unwrought, (but not powder) into Poland rose to 92 tons in 2022, surging by 3.4% against the year before. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 84% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of metals; silver, unwrought, (but not powder) shrank rapidly to $14M in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of $18M, and then plummeted in the following year.

Import of Metals; Silver, Unwrought, (But Not Powder) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.24.96.84.829.7%
SwedenN/AN/A1.62.981.2%
United States2.61.92.51.9-9.9%
United Arab Emirates1.51.63.51.74.3%
Mexico0.5N/AN/A0.50.0%
CanadaN/A0.50.90.3-22.5%
HungaryN/A0.10.20.373.2%
Taiwan (Chinese)N/A0.9N/AN/A0%
BoliviaN/A0.8N/AN/A0%
Others0.30.42.11.363.0%
Total7.111.117.713.824.8%

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

  1. United Arab Emirates (37.2 tons)
  2. Mexico (15.5 tons)
  3. Canada (14.1 tons)
  4. Sweden (7.3 tons)
  5. United States (6.4 tons)
  6. Germany (6.3 tons)
  7. Hungary (3.3 tons)

Source: IndexBox Market Intelligence Platform

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