Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Japan: Silver Ore Market 2024

Silver Ore Market Size in Japan

In 2021, the Japanese silver ore market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption recorded prominent growth. Silver ore consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Silver Ore Exports

Exports from Japan

In 2021, silver ore exports from Japan shrank slightly to X kg, flattening at 2020 figures. Over the period under review, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2018 with an increase of 6,626% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, silver ore exports rose modestly to $X in 2021. In general, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 5,189% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X kg) was the main destination for silver ore exports from Japan, accounting for a 94% share of total exports. Moreover, silver ore exports to Singapore exceeded the volume sent to the second major destination, Malaysia (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Singapore totaled +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-48.9% per year) and China (-63.3% per year).

In value terms, Singapore ($X) remains the key foreign market for silver ore exports from Japan, comprising 89% of total exports. The second position in the ranking was held by China ($X), with a 5.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore amounted to -36.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-67.7% per year) and Malaysia (-55.3% per year).

Export Prices by Country

The average silver ore export price stood at $X per ton in 2021, with an increase of 3.1% against the previous year. In general, the export price, however, recorded a significant contraction. The growth pace was the most rapid in 2014 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-6.4%), while the prices for the other major destinations experienced a decline.

Silver Ore Imports

Imports into Japan

In 2021, after four years of decline, there was significant growth in overseas purchases of silver ores and concentrates, when their volume increased by 16% to X tons. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2013 with an increase of 70%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, silver ore imports soared to $X in 2021. Overall, imports showed a prominent increase. The pace of growth was the most pronounced in 2013 when imports increased by 99%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Bolivia (X tons), Russia (X tons) and Argentina (X tons) were the main suppliers of silver ore imports to Japan, together accounting for 85% of total imports. These countries were followed by Peru, Mexico and Chile, which together accounted for a further 14%.

From 2012 to 2021, the biggest increases were in Peru (with a CAGR of +73.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Russia ($X) and Peru ($X) appeared to be the largest silver ore suppliers to Japan, with a combined 88% share of total imports.

Among the main suppliers, Peru, with a CAGR of +79.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average silver ore import price amounted to $X per ton, rising by 37% against the previous year. Over the period under review, the import price showed a mild expansion. The growth pace was the most rapid in 2020 when the average import price increased by 40%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Peru ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest silver ore consuming country worldwide, 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. Peru ranked third in terms of total consumption 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. The third position in this ranking was occupied by South Africa, with a 12% share.

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

In value terms, Russia constituted the largest supplier of silver ore to Japan, comprising 40% of total imports. The second position in the ranking was occupied by Peru, with an 18% share of total imports. It was followed by Bolivia, with a 17% share.

What are the leading importers of silver ores and concentrates from Japan?

In value terms, China remains the key foreign market for silver ore exports from Japan, comprising 81% of total exports. The second position in the ranking was occupied by Singapore, with a 15% share of total exports.

What is the average export price for silver ores and concentrates in Japan?

The average silver ore export price stood at $1,431 per ton in 2021, shrinking by -26.5% against the previous year.

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

The average silver ore import price stood at $160,301 per ton in 2021, rising by 16% against the previous year.

This report provides an in-depth analysis of the silver ore market in Japan. 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:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
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