Price for Silver Compounds; Excluding Silver Nitrates in Oman - 2021

Contents:

  1. Price for Silver Compounds; Excluding Silver Nitrates in Oman (CIF) - 2022
  2. Imports of Silver Compounds; Excluding Silver Nitrates in Oman

Price for Silver Compounds; Excluding Silver Nitrates in Oman (CIF) - 2022

In 2022, the average import price for silver compounds; excluding silver nitrateses amounted to $65,012 per ton, surging by 4.2% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 39%. As a result, import price attained the peak level of $481,699 per ton. From 2014 to 2022, the average import prices remained at a 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 United Arab Emirates ($108,135 per ton), while the price for the UK amounted to $63,220 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-6.2%).

Imports of Silver Compounds; Excluding Silver Nitrates in Oman

In 2022, approx. 22 kg of silver compounds; excluding silver nitrateses were imported into Oman; with an increase of 16% compared with the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.0% 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 -18.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 59% against the previous year. As a result, imports attained the peak of 27 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, silver compounds; excluding silver nitrates imports soared to $1.4K in 2022. Overall, imports, however, continue to indicate a noticeable decrease.

Import of Silver Compounds; Excluding Silver Nitrates in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5711251,0971,33132.6%
United Arab Emirates70052.047.056.0-56.9%
Qatar12323.0N/A15.0-50.4%
AustriaN/A1,358N/AN/A0%
NetherlandsN/A93.0N/AN/A0%
TurkeyN/A5.02.0N/A-60.0%
Others17423.018.020.0-51.4%
Total1,5681,6791,1641,422-3.2%

Top Suppliers of Silver Compounds; Excluding Silver Nitrates to Oman in 2022:

  1. United Kingdom (21.0 kg)
  2. United Arab Emirates (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silver compounds; excluding silver nitrates - Oman