Sweden: Semi-Manufactured Silver Market 2024

Semi-Manufactured Silver Market Size in Sweden

The Swedish semi-manufactured silver market stood at $X in 2022, surging by X% against the previous year. In general, consumption continues to indicate buoyant growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Semi-Manufactured Silver Production in Sweden

In value terms, semi-manufactured silver production rose markedly to $X in 2022 estimated in export price. Over the period under review, production posted resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Semi-manufactured silver production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Semi-Manufactured Silver Exports

Exports from Sweden

For the fourth year in a row, Sweden recorded decline in shipments abroad of silver in semi-manufactured forms, which decreased by X% to X tons in 2022. Overall, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, semi-manufactured silver exports fell significantly to $X in 2022. Over the period under review, exports showed a deep reduction. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Finland (X tons), Norway (X tons) and Poland (X kg) were the main destinations of semi-manufactured silver exports from Sweden, together accounting for X% of total exports. Denmark and Estonia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for semi-manufactured silver exported from Sweden were Finland ($X), Poland ($X) and Norway ($X), with a combined X% share of total exports. Denmark and Estonia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Denmark, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average semi-manufactured silver export price amounted to $X per ton, dropping by X% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X,740 per ton), while the average price for exports to Norway ($X 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 Norway (X%), while the prices for the other major destinations experienced mixed trend patterns.

Semi-Manufactured Silver Imports

Imports into Sweden

In 2022, overseas purchases of silver in semi-manufactured forms decreased by X% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, semi-manufactured silver imports reduced to $X in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Norway (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of semi-manufactured silver imports to Sweden, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Norway ($X), Germany ($X) and Italy ($X) were the largest semi-manufactured silver suppliers to Sweden, together accounting for X% of total imports.

Norway, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average semi-manufactured silver import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, semi-manufactured silver import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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