Report Update Nov 1, 2024

Czech Republic - Silver Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Czech Republic: Silver Ore Market 2024

Silver Ore Market Size in the Czech Republic

In 2021, the Czech silver ore market decreased by -0.3% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Silver Ore Production in the Czech Republic

In value terms, silver ore production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by 7.2% against the previous year. Silver ore production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Silver Ore Exports

Exports from the Czech Republic

Silver ore exports from the Czech Republic fell dramatically to X tons in 2019, reducing by -31.1% against the previous year's figure. In general, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2015 with an increase of 34% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, silver ore exports declined sharply to $X in 2019. Overall, exports continue to indicate a significant decrease. The smallest decline of -37% was in 2018. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons) was the main destination for silver ore exports from the Czech Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Slovakia totaled +209.3%.

In value terms, Slovakia ($X) also remains the key foreign market for silver ore exports from the Czech Republic.

From 2012 to 2019, the average annual rate of growth in terms of value to Slovakia stood at +91.5%.

Export Prices by Country

In 2019, the average silver ore export price amounted to $X per ton, dropping by -8.6% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 77% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2019, the average export prices failed to regain momentum.

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

From 2012 to 2019, the rate of growth in terms of prices for Bulgaria amounted to -21.3% per year.

Silver Ore Imports

Imports into the Czech Republic

In 2020, overseas purchases of silver ores and concentrates decreased by -77% to X kg, falling for the fourth consecutive year after three years of growth. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2015 with an increase of 2,810% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, silver ore imports shrank dramatically to $X in 2020. Overall, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2015 when imports increased by 3,060%. Imports peaked at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X kg) was the main silver ore supplier to the Czech Republic, accounting for a approx. 100% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Germany totaled +8.3%.

In value terms, Germany ($X) constituted the largest supplier of silver ore to the Czech Republic.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany stood at -1.8%.

Import Prices by Country

In 2020, the average silver ore import price amounted to $X per ton, which is down by -74.4% against the previous year. In general, the import price showed a precipitous curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 28%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2020, the rate of growth in terms of prices for the United States amounted to +35.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver ores and concentrates in the world?

The country with the largest volume of silver ore consumption was China, comprising approx. 79% of total volume. Moreover, silver ore consumption in China exceeded the figures recorded by the second-largest consumer, Russia, more than tenfold. The third position in this ranking was occupied by Peru, with a 2.9% share.

What are the largest producers of silver ores and concentrates in the world?

Peru constituted the country with the largest volume of silver ore production, comprising approx. 46% of total volume. Moreover, silver ore production in Peru exceeded the figures recorded by the second-largest producer, Russia, threefold. South Africa ranked third in terms of total production with a 12% share.

What are the leading suppliers of silver ores and concentrates to the Czech Republic?

In value terms, Germany constituted the largest supplier of silver ore to the Czech Republic.

What is the average import price for silver ores and concentrates in the Czech Republic?

The average silver ore import price stood at $281,150 per ton in 2020, dropping by -36.6% against the previous year.

This report provides an in-depth analysis of the silver ore market in the Czech Republic. 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 07291410 -

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023