Italy - Silver Including Silver Plated With Gold Or Platinum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilver Price in Italy - 2023
Contents:
- Silver Price in Italy (CIF) - 2023
- Silver Price in Italy (FOB) - 2023
- Silver Imports in Italy
- Silver Exports in Italy
Silver Price in Italy (CIF) - 2023
The average silver import price stood at $732K per ton in June 2023, falling by -3.1% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 11% m-o-m. Over the period under review, average import prices hit record highs at $756K per ton in May 2023, and then shrank slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1.4M per ton), while the price for Turkey ($157K per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Silver Price in Italy (FOB) - 2023
The average silver export price stood at $547K per ton in June 2023, with a decrease of -5.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices attained the maximum at $579K per ton in May 2023, and then contracted in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($778K per ton), while the average price for exports to Russia ($100K per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Silver Imports in Italy
In 2022, approx. 1.2K tons of silver including silver plated with gold or platinum were imported into Italy; with an increase of 20% on the year before. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, silver imports rose remarkably to $792M in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Silver in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 173 | 176 | 321 | 361 | 27.8% |
| Switzerland | 29.3 | 46.3 | 104 | 117 | 58.6% |
| United States | 106 | 75.3 | 81.7 | 97.3 | -2.8% |
| Spain | 15.6 | 35.6 | 41.8 | 47.0 | 44.4% |
| Morocco | 17.6 | 28.3 | 25.5 | 28.6 | 17.6% |
| France | 19.6 | 20.7 | 18.2 | 21.6 | 3.3% |
| Turkey | 3.6 | 3.6 | 6.2 | 7.0 | 24.8% |
| Others | 50.0 | 57.0 | 109 | 113 | 31.2% |
| Total | 415 | 443 | 708 | 792 | 24.0% |
Top Suppliers of Silver to Italy in 2022:
- Germany (460.0 tons)
- Switzerland (150.6 tons)
- United States (122.4 tons)
- Spain (74.3 tons)
- France (58.5 tons)
- Turkey (57.5 tons)
- Morocco (42.2 tons)
Silver Exports in Italy
For the fourth year in a row, Italy recorded growth in overseas shipments of silver including silver plated with gold or platinum, which increased by 18% to 1.3K tons in 2022. The total export volume increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, silver exports skyrocketed to $595M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 45%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Silver in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 28.5 | 75.1 | 140 | 161 | 78.1% |
| France | 36.0 | 32.5 | 50.4 | 58.0 | 17.2% |
| Switzerland | 27.8 | 51.2 | 45.5 | 52.4 | 23.5% |
| United Kingdom | 36.1 | 66.4 | 6.8 | 41.1 | 4.4% |
| India | 22.6 | 19.1 | 35.1 | 40.4 | 21.4% |
| Germany | 14.9 | 17.2 | 30.8 | 35.5 | 33.6% |
| Israel | 19.1 | 19.7 | 27.9 | 32.1 | 18.9% |
| Hungary | 2.1 | 2.9 | 23.7 | 27.3 | 135.1% |
| United States | 4.3 | 11.7 | 23.6 | 27.1 | 84.7% |
| Poland | 3.6 | 3.2 | 5.6 | 6.5 | 21.8% |
| Turkey | 1.8 | 2.5 | 5.2 | 6.0 | 49.4% |
| Russia | 2.8 | 2.8 | 5.1 | 5.9 | 28.2% |
| Egypt | 2.2 | 2.1 | 4.7 | 5.4 | 34.9% |
| Others | 43.2 | 48.3 | 84.4 | 96.3 | 30.6% |
| Total | 245 | 355 | 489 | 595 | 34.4% |
Top Export Markets for Silver from Italy in 2022:
- Spain (292.3 tons)
- France (129.8 tons)
- Germany (101.4 tons)
- United Kingdom (95.8 tons)
- India (80.8 tons)
- Switzerland (76.4 tons)
- Israel (44.0 tons)
- Russia (40.0 tons)
- United States (39.5 tons)
- Hungary (35.2 tons)
- Poland (32.3 tons)
- Egypt (24.5 tons)
- Turkey (24.1 tons)
This report provides an in-depth analysis of the silver market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24411030 - Silver, unwrought or in powder form (including plated with gold or platinum)
- Prodcom 24411050 - Silver, in semi-manufactured forms (including plated with gold or platinum) (excluding unwrought or in powder form)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
495
This report provides an in-depth analysis of the silver market in Italy.
382
This report provides an in-depth analysis of the semi-manufactured silver market in Italy.
446
This report provides an in-depth analysis of the unwrought silver market in Italy.
1329
This report provides an in-depth analysis of the global silver market.
516
This report provides an in-depth analysis of the global semi-manufactured silver market.
1368
This report provides an in-depth analysis of the global unwrought silver market.
495
This report provides an in-depth analysis of the silver market in Italy.
382
This report provides an in-depth analysis of the semi-manufactured silver market in Italy.
446
This report provides an in-depth analysis of the unwrought silver market in Italy.
1329
This report provides an in-depth analysis of the global silver market.
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The global unwrought silver market revenue amounted to $20.1B in 2018, waning by -5.7% against the previous year....
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Explore the top import markets for silver and the key statistics behind their import values. Learn about the leading countries in the global trade of silver and the factors driving their demand. Gain insights from the IndexBox market intelligence platform.
5467
In 2016, approx. X tons of silver were imported worldwide- coming down by -X% against the previous year figure. In general, silver imports continue to indicate a moderate decline. The pace of gr...
1019
In 2016, approx. X tons of silver were imported worldwide- coming down by -X% against the previous year figure. In general, silver imports continue to indicate a moderate decline. The pace of gr...
175
Explore the top import markets for semi-manufactured silver, including India, the United States, Canada, and the United Kingdom. Learn about their import values and the factors driving their demand for silver. Discover the potential of these markets for exporters and businesses.
