Report Update Nov 1, 2024

Russian Federation - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Silver Nitrate Market 2024

Silver Nitrate Market Size in the Russian Federation

In 2021, after two years of growth, there was significant decline in the Russian silver nitrate market, when its value decreased by -62.5% to $X. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020, and then fell dramatically in the following year.

Silver Nitrate Production in the Russian Federation

In value terms, silver nitrate production contracted to $X in 2021 estimated in export price. In general, production, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 21%. As a result, production attained the peak level of $X, and then fell in the following year.

Silver Nitrate Exports

Exports from the Russian Federation

In 2021, overseas shipments of silver nitrate increased by 191% to X tons, rising for the sixth consecutive year after two years of decline. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silver nitrate exports surged to $X in 2021. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 290%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Kyrgyzstan (X kg), Armenia (X kg) and Belarus (X kg) were the main destinations of silver nitrate exports from Russia, together accounting for 90% of total exports.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +77.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kyrgyzstan ($X) remains the key foreign market for silver nitrate exports from Russia, comprising 76% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 12% share of total exports. It was followed by Belarus, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan amounted to +71.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+10.4% per year) and Belarus (+18.8% per year).

Export Prices by Country

In 2021, the average silver nitrate export price amounted to $X per ton, with a decrease of -36.4% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 46%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Armenia ($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 Kyrgyzstan (-3.0%), while the prices for the other major destinations experienced a decline.

Silver Nitrate Imports

Imports into the Russian Federation

In 2021, supplies from abroad of silver nitrate was finally on the rise to reach X kg for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, showed a abrupt descent. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, silver nitrate imports surged to $X in 2021. In general, imports, however, continue to indicate a abrupt descent. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X kg), Poland (X kg) and Germany (X kg) were the main suppliers of silver nitrate imports to Russia, with a combined 53% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +17.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X), Germany ($X) and Spain ($X) appeared to be the largest silver nitrate suppliers to Russia, together comprising 39% of total imports. These countries were followed by the United States, Lithuania, the Czech Republic and Belgium, which together accounted for a further 14%.

Belgium, with a CAGR of +1.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average silver nitrate import price amounted to $X per ton, falling by -58.2% against the previous year. Overall, the import price, however, recorded resilient growth. The growth pace was the most rapid in 2018 when the average import price increased by 120%. The import price peaked at $X per ton in 2020, and then fell dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+14.5%), 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 nitrate in the world?

The countries with the highest volumes of silver nitrate consumption in 2021 were the Netherlands, Germany and South Africa, with a combined 41% share of global consumption. France, the Czech Republic, Poland, Italy, Spain, Canada, Turkey, Brazil, India and Saudi Arabia lagged somewhat behind, together accounting for a further 46%.

What are the largest producers of silver nitrate in the world?

The countries with the highest volumes of silver nitrate production in 2021 were the UK, Germany and Belgium, together comprising 64% of global production. South Africa, the United States, France, Italy and Brazil lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of silver nitrate to the Russian Federation?

In value terms, the largest silver nitrate suppliers to Russia were Poland, Spain and Germany, together comprising 74% of total imports. These countries were followed by North Macedonia, the UK and the United States, which together accounted for a further 26%.

What are the leading importers of silver nitrate from the Russian Federation?

In value terms, Kyrgyzstan remains the key foreign market for silver nitrate exports from Russia, comprising 76% of total exports. The second position in the ranking was occupied by Belarus, with a 10% share of total exports.

What is the average export price for silver nitrate in the Russian Federation?

In 2021, the average silver nitrate export price amounted to $319,342 per ton, which is down by -2.8% against the previous year.

What is the average import price for silver nitrate in the Russian Federation?

The average silver nitrate import price stood at $142,968 per ton in 2021, increasing by 13% against the previous year.

This report provides an in-depth analysis of the silver nitrate market in the Russian Federation. 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 20135183 - Silver nitrate

Country coverage:

Russia

Data coverage:

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