Eastern Asia - Silver Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingEastern Asia: Silver Ore Market 2024
Silver Ore Market Size in Eastern Asia
In 2021, the East Asian silver ore market was finally on the rise to reach $X after three years of decline. Overall, consumption saw a prominent expansion. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.
Silver Ore Production in Eastern Asia
In value terms, silver ore production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2015 with an increase of 316% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.
Silver Ore Exports
Exports in Eastern Asia
In 2021, overseas shipments of silver ores and concentrates decreased by -61.8% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2019 with an increase of 193%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then dropped notably in the following year.
In value terms, silver ore exports contracted notably to $X in 2021. Total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 35% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then dropped sharply in the following year.
Exports by Country
Hong Kong SAR dominates exports structure, recording X tons, which was approx. 86% of total exports in 2021. China (X tons) ranks second in terms of the total exports with a 6.3% share, followed by Democratic People's Republic of Korea (5.6%).
Hong Kong SAR was also the fastest-growing in terms of the silver ores and concentrates exports, with a CAGR of +15.8% from 2012 to 2021. China and Democratic People's Republic of Korea experienced a relatively flat trend pattern. Hong Kong SAR (+33 p.p.) significantly strengthened its position in terms of the total exports, while Democratic People's Republic of Korea and China saw its share reduced by -7.8% and -8.1% from 2012 to 2021, respectively.
In value terms, Democratic People's Republic of Korea ($X) remains the largest silver ore supplier in Eastern Asia, comprising 66% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 28% share of total exports.
In Democratic People's Republic of Korea, silver ore exports expanded at an average annual rate of +6.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hong Kong SAR (+16.4% per year) and China (-2.3% per year).
Export Prices by Country
The export price in Eastern Asia stood at $X per ton in 2021, jumping by 108% against the previous year. In general, the export price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2015 an increase of 313%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Democratic People's Republic of Korea ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (+6.9%), while the other leaders experienced mixed trends in the export price figures.
Silver Ore Imports
Imports in Eastern Asia
In 2021, approx. X tons of silver ores and concentrates were imported in Eastern Asia; growing by 30% compared with 2020. Overall, imports showed strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 30% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.
In value terms, silver ore imports surged to $X in 2021. Over the period under review, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X tons) was the major importer of silver ores and concentrates in Eastern Asia, generating 98% of total import.
China was also the fastest-growing in terms of the silver ores and concentrates imports, with a CAGR of +17.6% from 2012 to 2021. China (+7.5 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) constitutes the largest market for imported silver ores and concentrates in Eastern Asia.
In China, silver ore imports expanded at an average annual rate of +20.1% over the period from 2012-2021.
Import Prices by Country
The import price in Eastern Asia stood at $X per ton in 2021, surging by 25% against the previous year. In general, the import price, however, showed a noticeable decline. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to +2.2% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the silver ore market in Eastern Asia. 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:
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Eastern Asia, split by region and country
- Trade (exports and imports) in Eastern Asia
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
Recommended reports
This report provides an in-depth analysis of the silver ore market in Asia.
This report provides an in-depth analysis of the global silver ore market.
This report provides an in-depth analysis of the silver ore market in the EU.
This report provides an in-depth analysis of the silver ore market in the U.S..
This report provides an in-depth analysis of the silver ore market in China.