Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Austria - 2023
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Austria (FOB) - 2022
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Austria (CIF) - 2022
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Austria
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Austria
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Austria (FOB) - 2022
The average export price for articles of precious metal or of metal clad with precious metal stood at $1,499,901 per ton in 2022, declining by -12.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs at $2,549,011 per ton in 2016; however, from 2017 to 2022, the export prices remained at a 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 Germany ($1,570,200 per ton), while the average price for exports to Bosnia and Herzegovina ($177,845 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 Turkey (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Austria (CIF) - 2022
In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $729,297 per ton, jumping by 517% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The import price peaked at $1,455,664 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,185,137 per ton), while the price for the UK ($49,562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.6%), while the prices for the other major suppliers experienced a decline.
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Austria
For the third year in a row, Austria recorded decline in shipments abroad of articles of precious metal or of metal clad with precious metal, which decreased by -3.5% to 9.6 tons in 2022. In general, exports recorded a abrupt descent.
In value terms, exports of articles of precious metal or of metal clad with precious metal declined significantly to $14M in 2022. Overall, exports showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year.
Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 10.9 | 7.7 | 9.2 | 7.7 | -10.9% |
Belgium | 0.4 | 1.4 | 0.4 | 0.5 | 7.7% |
Switzerland | 0.1 | 0.2 | 0.1 | 0.4 | 58.7% |
Bosnia and Herzegovina | 0.4 | 0.2 | 0.3 | 0.4 | 0.0% |
Slovenia | 0.1 | N/A | N/A | 0.3 | 44.2% |
Turkey | N/A | N/A | N/A | 0.1 | 0% |
Slovakia | N/A | N/A | N/A | 0.1 | 0% |
Others | 5.1 | 3.3 | 7.0 | 5.1 | 0.0% |
Total | 17.1 | 13.0 | 17.1 | 14.4 | -5.6% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Austria in 2022:
- Germany (4.9 tons)
- Bosnia and Herzegovina (2.1 tons)
- Slovenia (0.6 tons)
- Switzerland (0.5 tons)
- Belgium (0.5 tons)
- Turkey (0.2 tons)
- Slovakia (0.2 tons)
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Austria
In 2022, the amount of articles of precious metal or of metal clad with precious metal imported into Austria reduced remarkably to 9.6 tons, waning by -93.5% against 2021 figures. In general, imports showed a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 611% against the previous year. As a result, imports reached the peak of 148 tons, and then shrank rapidly in the following year.
In value terms, imports of articles of precious metal or of metal clad with precious metal contracted markedly to $7M in 2022. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, imports attained the peak of $17M, and then declined sharply in the following year.
Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.0 | 8.0 | 6.7 | 3.3 | -18.1% |
Netherlands | 1.5 | 0.2 | 1.3 | 2.2 | 13.6% |
United States | 0.1 | 0.1 | 0.1 | 0.7 | 91.3% |
Czech Republic | 0.2 | N/A | N/A | 0.2 | 0.0% |
Mexico | N/A | N/A | N/A | 0.1 | 0% |
Slovenia | N/A | 0.1 | N/A | 0.1 | 0.0% |
Spain | N/A | N/A | N/A | 0.1 | 0% |
China | 0.3 | N/A | N/A | N/A | 0% |
United Kingdom | 0.1 | N/A | 7.3 | N/A | 754.4% |
Italy | 0.3 | 0.2 | N/A | N/A | -33.3% |
Others | 1.8 | 1.7 | 1.9 | 0.2 | -51.9% |
Total | 10.5 | 10.3 | 17.4 | 7.0 | -12.6% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Austria in 2022:
- Germany (6056.0 kg)
- United States (817.0 kg)
- Mexico (649.0 kg)
- Netherlands (431.0 kg)
- Czech Republic (423.0 kg)
- Slovenia (410.0 kg)
- United Kingdom (217.0 kg)
- Spain (172.0 kg)
- Italy (125.0 kg)
- China (30.0 kg)
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