Gold Compounds Price in Belgium - 2023
Contents:
- Gold Compounds Price in Belgium (CIF) - 2023
- Gold Compounds Price in Belgium (FOB) - 2022
- Gold Compounds Imports in Belgium
- Gold Compounds Exports in Belgium
Gold Compounds Price in Belgium (CIF) - 2023
In August 2023, the average gold compounds import price amounted to $65,447 per ton, with a decrease of -6.1% against the previous month. Overall, the import price recorded a pronounced slump. The growth pace was the most rapid in December 2022 an increase of 3,621% against the previous month. As a result, import price reached the peak level of $1,947 per kg. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From August 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to -2.1% per month.
Gold Compounds Price in Belgium (FOB) - 2022
The average gold compounds export price stood at $6,521,344 per ton in 2022, dropping by -44% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2019 when the average export price increased by 165%. The export price peaked at $11,997,776 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($36,292,000 per ton), while the average price for exports to Rwanda ($17,316 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 Norway (+41.6%), while the prices for the other major destinations experienced more modest paces of growth.
Gold Compounds Imports in Belgium
Gold compounds imports into Belgium skyrocketed to 1.6 tons in 2022, with an increase of 179% against the previous year. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, gold compounds imports surged to $6.9M in 2022. In general, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Gold Compounds in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | N/A | N/A | 4.5 | 0% |
Germany | 1.9 | 1.8 | 1.5 | 2.0 | 1.7% |
Japan | N/A | N/A | N/A | 0.2 | 0% |
United Kingdom | 2.3 | 2.9 | N/A | N/A | 26.1% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 4.2 | 4.7 | 1.5 | 6.9 | 18.0% |
Top Suppliers of Gold Compounds to Belgium in 2022:
- Germany (840.0 kg)
- France (663.0 kg)
- Japan (31.0 kg)
- United Kingdom (8.0 kg)
Gold Compounds Exports in Belgium
In 2022, the amount of gold compoundses exported from Belgium soared to 163 kg, jumping by 72% against the previous year. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, gold compounds exports fell to $1.1M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 87%.
Export of Gold Compounds in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 79.9 | 513 | 867 | 789 | 114.5% |
Norway | 40.0 | 20.7 | 31.9 | 72.6 | 22.0% |
South Korea | 4.6 | 5.7 | 27.6 | 65.7 | 142.6% |
United States | 29.0 | 23.2 | 29.3 | 31.5 | 2.8% |
Netherlands | 12.6 | 2.1 | 1.5 | 8.5 | -12.3% |
Germany | 96.1 | 14.4 | 6.2 | 6.5 | -59.3% |
Rwanda | N/A | N/A | N/A | 0.7 | 0% |
Others | 109 | 117 | 143 | 88.8 | -6.6% |
Total | 372 | 696 | 1,107 | 1,063 | 41.9% |
Top Export Markets for Gold Compounds from Belgium in 2022:
- India (78.0 kg)
- Rwanda (38.0 kg)
- South Korea (6.0 kg)
- Netherlands (3.0 kg)
- United States (3.0 kg)
- Norway (2.0 kg)
- Germany (1.0 kg)
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