Report Update Nov 1, 2024

CIS - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Silver Nitrate Market 2024

Silver Nitrate Exports

Exports in CIS

In 2021, overseas shipments of silver nitrate increased by 191% to X tons, rising for the sixth consecutive year after two years of decline. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silver nitrate exports surged to $X in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 268%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Russia (X tons) represented roughly 100% of total exports in 2021.

Russia was also the fastest-growing in terms of the silver nitrate exports, with a CAGR of +39.8% from 2012 to 2021. Russia (+14 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest silver nitrate supplier in the CIS.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +29.6%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, waning by -36.4% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2013 an increase of 59%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -7.3% per year.

Silver Nitrate Imports

Imports in CIS

In 2021, purchases abroad of silver nitrate was finally on the rise to reach X tons after three years of decline. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 174%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, silver nitrate imports soared to $X in 2021. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by 105% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Kyrgyzstan (X kg) represented the key importer of silver nitrate, generating 45% of total imports. Belarus (X kg) held the second position in the ranking, followed by Russia (X kg) and Kazakhstan (X kg). All these countries together held approx. 47% share of total imports. Azerbaijan (X kg) and Tajikistan (X kg) followed a long way behind the leaders.

Kyrgyzstan was also the fastest-growing in terms of the silver nitrate imports, with a CAGR of +85.3% from 2012 to 2021. At the same time, Belarus (+13.1%), Kazakhstan (+6.8%) and Azerbaijan (+2.0%) displayed positive paces of growth. Tajikistan experienced a relatively flat trend pattern. By contrast, Russia (-16.5%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+45 p.p.), Belarus (+13 p.p.) and Kazakhstan (+5.3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-63.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kyrgyzstan ($X) constitutes the largest market for imported silver nitrate in the CIS, comprising 64% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 14% share of total imports. It was followed by Belarus, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value in Kyrgyzstan totaled +68.4%. In the other countries, the average annual rates were as follows: Kazakhstan (+10.7% per year) and Belarus (+8.7% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, with an increase of 8.6% against the previous year. In general, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 103% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+10.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver nitrate in the CIS?

The countries with the highest volumes of silver nitrate consumption in 2021 were Kyrgyzstan, Belarus and Azerbaijan, together accounting for 75% of total consumption.

What are the largest producers of silver nitrate in the CIS?

Russia remains the largest silver nitrate producing country in the CIS, accounting for 100% of total volume.

What are the leading importers of silver nitrate in the CIS?

In value terms, Kyrgyzstan constitutes the largest market for imported silver nitrate in the CIS, comprising 54% of total imports. The second position in the ranking was occupied by Belarus, with a 15% share of total imports. It was followed by Russia, with a 15% share.

What is the average export price for silver nitrate in the CIS?

The silver nitrate export price in the CIS stood at $319,342 per ton in 2021, dropping by -2.8% against the previous year.

What is the average import price for silver nitrate in the CIS?

The silver nitrate import price in the CIS stood at $264,905 per ton in 2021, waning by -2.6% against the previous year.

This report provides an in-depth analysis of the silver nitrate market in CIS. 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 20135183 - Silver nitrate

Country coverage:

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in CIS, split by region and country
Trade (exports and imports) in CIS
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023