Northern America - Silver Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Silver Ore Market 2024
Silver Ore Market Size in Northern America
The North American silver ore market shrank remarkably to $X in 2021, declining by -20.1% against the previous year. Over the period under review, consumption recorded a significant decrease. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.
Silver Ore Production in Northern America
In value terms, silver ore production soared to $X in 2021 estimated in export price. In general, production saw a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 174%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Silver Ore Exports
Exports in Northern America
In 2021, approx. X tons of silver ores and concentrates were exported in Northern America; falling by -6.5% on the previous year's figure. Overall, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 180%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.
In value terms, silver ore exports totaled $X in 2021. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by 90%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
The shipments of the one major exporters of silver ores and concentrates, namely Canada, represented more than two-thirds of total export.
Canada was also the fastest-growing in terms of the silver ores and concentrates exports, with a CAGR of +5.9% from 2012 to 2021. From 2012 to 2021, the share of Canada increased by +3.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Canada ($X) also remains the largest silver ore supplier in Northern America.
From 2012 to 2021, the average annual growth rate of value in Canada amounted to +3.8%.
Export Prices by Country
The export price in Northern America stood at $X per ton in 2021, rising by 16% against the previous year. In general, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 172% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -2.0% per year.
Silver Ore Imports
Imports in Northern America
In 2021, the amount of silver ores and concentrates imported in Northern America declined notably to X tons, waning by -91.3% against the previous year. In general, imports faced a sharp decline. The pace of growth appeared the most rapid in 2014 when imports increased by 376% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
In value terms, silver ore imports dropped remarkably to $X in 2021. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2016 when imports increased by 48%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Canada (X tons) represented roughly 99.9% of total imports in 2021.
Canada was also the fastest-growing in terms of the silver ores and concentrates imports, with a CAGR of -34.7% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.
In value terms, Canada ($X) constitutes the largest market for imported silver ores and concentrates in Northern America.
From 2012 to 2021, the average annual growth rate of value in Canada totaled -10.4%.
Import Prices by Country
The import price in Northern America stood at $X per ton in 2021, rising by 737% against the previous year. In general, the import price recorded a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 1,355%. The level of import peaked in 2021 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +37.2% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the silver ore 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 07291410 -
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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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
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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
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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
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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
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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
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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
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