Australia and Oceania: Semi-Manufactured Silver Market 2024

Semi-Manufactured Silver Market Size in Australia and Oceania

The semi-manufactured silver market in Australia and Oceania expanded sharply to $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a deep downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Semi-Manufactured Silver Production in Australia and Oceania

In value terms, semi-manufactured silver production rose sharply to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Semi-Manufactured Silver Exports

Exports in Australia and Oceania

In 2022, semi-manufactured silver exports in Australia and Oceania dropped sharply to X tons, with a decrease of X% compared with the previous year. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, semi-manufactured silver exports shrank significantly to $X in 2022. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Australia represented the key exporting country with an export of around X tons, which accounted for X% of total exports. Papua New Guinea (X tons) held the second position in the ranking, distantly followed by New Zealand (X tons). All these countries together took approx. X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by New Zealand (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Australia ($X) remains the largest semi-manufactured silver supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: Papua New Guinea (X% per year) and New Zealand (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (X%), while the other leaders experienced a decline in the export price figures.

Semi-Manufactured Silver Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of silver in semi-manufactured forms decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a slight decrease. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, semi-manufactured silver imports shrank significantly to $X in 2022. In general, imports showed a deep setback. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia represented the largest importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by New Zealand (X tons), constituting a X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported silver in semi-manufactured forms in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

In Australia, semi-manufactured silver imports plunged by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, declining by X% against the previous year. In general, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X,823 per ton. From 2014 to 2022, the import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :