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Report World - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Global Silver Nitrate Market 2024

Silver Nitrate Market Size

In 2021, the global silver nitrate market increased by 3.6% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, showed a slight downturn. Over the period under review, the global market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Silver Nitrate Production

In value terms, silver nitrate production fell significantly to $X in 2021 estimated in export price. In general, production, however, saw a deep setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 22%. Over the period under review, global production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Silver Nitrate Exports

Exports

In 2021, global silver nitrate exports skyrocketed to X tons, with an increase of 57% compared with 2020. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +42.9% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silver nitrate exports soared to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) and the UK (X tons) represented roughly 56% of total exports in 2021. Belgium (X tons) held a 15% share (based on physical terms) of total exports, which put it in second place, followed by the United States (10%) and the Netherlands (7.8%). Germany (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +29.8%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the largest silver nitrate supplier worldwide, comprising 53% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 15% share of global exports. It was followed by Belgium, with a 7.9% share.

In the UK, silver nitrate exports expanded at an average annual rate of +2.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+43.4% per year) and Belgium (-6.6% per year).

Export Prices by Country

In 2021, the average silver nitrate export price amounted to $X per ton, rising by 8.3% against the previous year. Over the period under review, the export price, however, showed a noticeable setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 15%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.5%), while the other global leaders experienced more modest paces of growth.

Silver Nitrate Imports

Imports

After two years of decline, overseas purchases of silver nitrate increased by 65% to X tons in 2021. In general, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, silver nitrate imports soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Global imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons), distantly followed by France (X tons), Canada (X tons), the Czech Republic (X tons), Spain (X tons), Poland (X tons), Italy (X tons) and Belgium (X tons) represented the largest importers of silver nitrate, together constituting 71% of total imports. The following importers - Germany (X tons), the UK (X tons), India (X tons), Singapore (X tons) and Saudi Arabia (X tons) - together made up 15% of total imports.

From 2012 to 2021, average annual rates of growth with regard to silver nitrate imports into the Netherlands stood at +51.8%. At the same time, India (+52.8%), Spain (+28.4%), Singapore (+19.5%), Italy (+13.5%), Canada (+10.5%), the Czech Republic (+7.2%) and Poland (+2.4%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +52.8% from 2012-2021. Saudi Arabia experienced a relatively flat trend pattern. By contrast, Belgium (-4.3%), France (-5.1%), the UK (-9.8%) and Germany (-13.5%) illustrated a downward trend over the same period. The Netherlands (+21 p.p.), Spain (+6 p.p.), Canada (+4.8 p.p.), India (+3.6 p.p.), Italy (+3.4 p.p.) and the Czech Republic (+2.9 p.p.) significantly strengthened its position in terms of the global imports, while Belgium, the UK, France and Germany saw its share reduced by -3.4%, -7%, -7.8% and -12.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported silver nitrate worldwide, comprising 43% of global imports. The second position in the ranking was held by the Czech Republic ($X), with a 10% share of global imports. It was followed by France, with a 6.9% share.

In the Netherlands, silver nitrate imports expanded at an average annual rate of +122.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (+2.6% per year) and France (-15.3% per year).

Import Prices by Country

The average silver nitrate import price stood at $X per ton in 2021, picking up by 20% against the previous year. In general, the import price, however, continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2019 an increase of 25%. Global import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+46.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of silver nitrate consumption in 2021 were the Netherlands, Germany and South Africa, together accounting for 41% of global consumption. These countries were followed by France, the Czech Republic, Poland, Italy, Spain, Canada, Turkey, Brazil, India and Saudi Arabia, which together accounted for a further 46%.
The countries with the highest volumes of silver nitrate production in 2021 were the UK, Germany and Belgium, with a combined 64% share of global production. South Africa, the United States, France, Italy and Brazil lagged somewhat behind, together accounting for a further 27%.
In value terms, the UK remains the largest silver nitrate supplier worldwide, comprising 57% of global exports. The second position in the ranking was occupied by the Netherlands, with a 9.2% share of global exports. It was followed by Belgium, with an 8.6% share.
The average silver nitrate export price stood at $244,981 per ton in 2021, picking up by 24% against the previous year.
The average silver nitrate import price stood at $271,005 per ton in 2021, surging by 27% against the previous year.

This report provides an in-depth analysis of the global silver nitrate market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    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, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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