Malta: Silver Market 2020

Silver Market Size in Malta

The revenue of the silver market in Malta amounted to $X in 2018, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, silver consumption, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, the silver market attained its peak level of $X. From 2009 to 2018, the growth of the silver market remained at a lower figure.

Silver Exports

Exports from Malta

Silver exports from Malta totaled X kg in 2018, going down by -X% against the previous year. In general, silver exports continue to indicate a significant downturn. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, silver exports attained their peak figure at X kg in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, silver exports amounted to $X in 2018. Overall, silver exports continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Malta exports peaked at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China, Hong Kong SAR (X tons) and Japan (X tons) were the key exporters of silver including silver plated with gold or platinum in 2018, accounting for near X% and X% of total exports, respectively. It was followed by Mexico (X tons), South Korea (X tons), Germany (X tons), the UK (X tons), China (X tons) and the U.S. (X tons), together comprising a X% share of total exports. Canada (X tons), Switzerland (X tons), Italy (X tons) and Poland (X tons) took a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

In value terms, the largest silver markets from Malta were China, Hong Kong SAR ($X), Mexico ($X) and Japan ($X), together comprising X% of total exports.

In terms of the main exporting countries, China, Hong Kong SAR experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the silver export price in Malta amounted to $X per ton, shrinking by -X% against the previous year. In general, the silver export price continues to indicate a drastic reduction. The pace of growth was the most pronounced in 2010 when the export price increased by X% year-to-year. Malta export price peaked at $X per ton in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China, Hong Kong SAR ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Silver Imports

Imports into Malta

In 2018, the silver imports into Malta totaled X tons, shrinking by -X% against the previous year. In general, silver imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. In that year, silver imports reached their peak of X tons. From 2009 to 2018, the growth of silver imports remained at a somewhat lower figure.

In value terms, silver imports amounted to $X in 2018. In general, silver imports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. In that year, silver imports reached their peak of $X, and then declined slightly in the following year.

Imports by Country

The countries with the highest levels of silver imports in 2018 were India (X tons), the U.S. (X tons) and the UK (X tons), together resulting at X% of total import. It was distantly followed by China (X tons), China, Hong Kong SAR (X tons) and Japan (X tons), together generating a X% share of total imports. Germany (X tons), Thailand (X tons), Taiwan, Chinese (X tons), Singapore (X tons), South Korea (X tons) and Mexico (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, India ($X), the U.S. ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Japan, China, China, Hong Kong SAR, Germany, Taiwan, Chinese, Thailand, Singapore, South Korea, Mexico and Malta, which together accounted for a further X terms of the main importing countries, Singapore recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the silver import price in Malta amounted to $X per ton, waning by -X% against the previous year. Overall, the silver import price continues to indicate a drastic decrease. The growth pace was the most rapid in 2009 an increase of X% year-to-year. Over the period under review, the import prices for silver including silver plated with gold or platinum reached their maximum at $X per ton in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform