Report Update Feb 1, 2025

Northern America - Silver in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Semi-Manufactured Silver Market 2025

Semi-Manufactured Silver Market Size in Northern America

In 2021, the North American semi-manufactured silver market increased by 26% to $X, rising for the second year in a row after three years of decline. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked in 2021 and is likely to see steady growth in the near future.

Semi-Manufactured Silver Production in Northern America

In value terms, semi-manufactured silver production rose rapidly to $X in 2021 estimated in export price. Overall, production, however, saw a deep contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 8.4%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Semi-Manufactured Silver Exports

Exports in Northern America

In 2021, overseas shipments of silver in semi-manufactured forms increased by 20% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2016 with an increase of 68%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, semi-manufactured silver exports soared to $X in 2021. Over the period under review, exports, however, saw a slight reduction. The growth pace was the most rapid in 2016 with an increase of 117% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States represented the main exporting country with an export of around X tons, which resulted at 86% of total exports. It was distantly followed by Canada (X tons), mixing up a 14% share of total exports.

The United States was also the fastest-growing in terms of the silver in semi-manufactured forms exports, with a CAGR of +4.0% from 2012 to 2021. Canada (-15.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +36 percentage points.

In value terms, the United States ($X) remains the largest semi-manufactured silver supplier in Northern America, comprising 94% of total exports. The second position in the ranking was taken by Canada ($X), with a 6.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +3.8%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, jumping by 29% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 30%. Over the period under review, the export prices reached the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.2%).

Semi-Manufactured Silver Imports

Imports in Northern America

In 2021, overseas purchases of silver in semi-manufactured forms increased by 15% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 212%. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, semi-manufactured silver imports skyrocketed to $X in 2021. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 306%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

The United States was the largest importer of silver in semi-manufactured forms in Northern America, with the volume of imports resulting at X tons, which was near 62% of total imports in 2021. It was distantly followed by Canada (X tons), creating a 38% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +9.1%).

In value terms, the largest semi-manufactured silver importing markets in Northern America were the United States ($X) and Canada ($X).

Among the main importing countries, Canada, with a CAGR of +7.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, growing by 22% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by 30% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver in semi-manufactured forms in Northern America?

The country with the largest volume of semi-manufactured silver consumption was the United States, accounting for 73% of total volume. Moreover, semi-manufactured silver consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, threefold.

What are the largest producers of silver in semi-manufactured forms in Northern America?

The United States constituted the country with the largest volume of semi-manufactured silver production, comprising approx. 94% of total volume. Moreover, semi-manufactured silver production in the United States exceeded the figures recorded by the second-largest producer, Canada, more than tenfold.

What are the leading exporters of silver in semi-manufactured forms in Northern America?

In value terms, the United States remains the largest semi-manufactured silver supplier in Northern America, comprising 94% of total exports. The second position in the ranking was occupied by Canada, with a 6.3% share of total exports.

What are the leading importers of silver in semi-manufactured forms in Northern America?

In value terms, the United States and Canada appeared to be the countries with the highest levels of imports in 2021.

What is the average export price for silver in semi-manufactured forms in Northern America?

In 2021, the export price in Northern America amounted to $772,440 per ton, surging by 25% against the previous year.

What is the average import price for silver in semi-manufactured forms in Northern America?

The import price in Northern America stood at $735,351 per ton in 2021, surging by 25% against the previous year.

This report provides an in-depth analysis of the semi-manufactured silver market in Northern America. 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 24411050 - Silver, in semi-manufactured forms (including plated with gold or platinum) (excluding unwrought or in powder form)

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
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
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
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, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024