Denmark - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJewelry Price in Denmark - 2023
Contents:
- Jewelry Price in Denmark (CIF) - 2022
- Jewelry Price in Denmark (FOB) - 2022
- Jewelry Imports in Denmark
- Jewelry Exports in Denmark
Jewelry Price in Denmark (CIF) - 2022
The average jewelry import price stood at $2,257,598 per ton in 2022, with a decrease of -17.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 45%. The import price peaked at $2,726,264 per ton in 2021, and then dropped dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($5,745,082 per ton), while the price for Finland ($194,991 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Jewelry Price in Denmark (FOB) - 2022
The average jewelry export price stood at $1,653,502 per ton in 2022, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2014 an increase of 27%. The export price peaked at $2,000,943 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($3,341,359 per ton), while the average price for exports to Finland ($327,101 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Jewelry Imports in Denmark
In 2022, approx. 74 tons of jewelry were imported into Denmark; rising by 20% against 2021. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, jewelry imports shrank slightly to $168M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports reached the peak of $169M, leveling off in the following year.
Import of Jewelry in Denmark (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 40.8 | 41.8 | 47.9 | 52.1 | 8.5% |
United Arab Emirates | 10.0 | 9.4 | 17.3 | 15.1 | 14.7% |
India | 8.6 | 13.2 | 12.5 | 12.8 | 14.2% |
China | 7.4 | 7.9 | 10.9 | 12.0 | 17.5% |
Germany | 11.6 | 14.6 | 10.9 | 10.2 | -4.2% |
Italy | 3.2 | 3.5 | 3.7 | 9.8 | 45.2% |
France | 4.7 | 5.4 | 10.0 | 9.2 | 25.1% |
United States | 3.0 | 2.5 | 3.7 | 5.5 | 22.4% |
Sweden | 2.6 | 2.3 | 4.9 | 2.9 | 3.7% |
Norway | 1.5 | 1.5 | 1.4 | 2.2 | 13.6% |
Netherlands | 0.2 | 1.0 | 1.4 | 2.1 | 119.0% |
United Kingdom | 0.2 | 0.4 | 2.3 | 2.0 | 115.4% |
Finland | N/A | N/A | N/A | 0.5 | 0% |
Others | 22.3 | 25.8 | 42.1 | 31.5 | 12.2% |
Total | 116 | 129 | 169 | 168 | 13.1% |
Top Suppliers of Jewelry to Denmark in 2022:
- Thailand (13.7 tons)
- China (10.6 tons)
- Italy (8.9 tons)
- Germany (3.9 tons)
- India (3.5 tons)
- France (3.3 tons)
- United Kingdom (3.2 tons)
- United States (2.9 tons)
- United Arab Emirates (2.6 tons)
- Finland (2.3 tons)
- Norway (2.3 tons)
- Netherlands (2.1 tons)
- Sweden (1.7 tons)
Jewelry Exports in Denmark
For the fourth consecutive year, Denmark recorded growth in shipments abroad of jewelry, which increased by 7% to 84 tons in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 29%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, jewelry exports soared to $139M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Jewelry in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.8 | 14.7 | 19.5 | 27.3 | 32.3% |
Norway | 14.7 | 18.8 | 18.7 | 18.8 | 8.5% |
Sweden | 9.5 | 10.8 | 13.0 | 15.2 | 17.0% |
United Kingdom | 5.3 | 8.5 | 10.3 | 9.7 | 22.3% |
United States | 5.5 | 3.6 | 6.4 | 7.3 | 9.9% |
Italy | 7.4 | 7.4 | 8.5 | 6.0 | -6.8% |
Netherlands | 3.0 | 4.2 | 3.3 | 5.6 | 23.1% |
France | 2.6 | 1.7 | 2.7 | 4.3 | 18.3% |
Belgium | 1.4 | 2.4 | 4.8 | 4.3 | 45.4% |
Kuwait | 0.2 | 0.3 | 0.5 | 3.5 | 159.6% |
Luxembourg | 0.1 | 0.3 | 1.3 | 1.2 | 128.9% |
Poland | 0.9 | 0.7 | 1.3 | 1.1 | 6.9% |
Finland | 0.7 | 0.7 | 0.5 | 0.5 | -10.6% |
Others | 23.9 | 21.7 | 25.1 | 34.3 | 12.8% |
Total | 87.0 | 95.9 | 116 | 139 | 16.9% |
Top Export Markets for Jewelry from Denmark in 2022:
- Germany (17.7 tons)
- Norway (13.4 tons)
- Sweden (6.7 tons)
- United Kingdom (4.7 tons)
- Belgium (4.6 tons)
- Netherlands (3.0 tons)
- United States (2.5 tons)
- Luxembourg (2.0 tons)
- France (1.9 tons)
- Italy (1.8 tons)
- Kuwait (1.8 tons)
- Poland (1.7 tons)
- Finland (1.6 tons)
This report provides an in-depth analysis of the jewelry market in Denmark. 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 32121330 - Articles of jewellery and parts thereof of precious metal (including plated, clad)
- Prodcom 32121351 - Articles of goldsmiths
- Prodcom 32121353 - Articles of goldsmiths
- Prodcom 32121355 - Articles of goldsmiths
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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