Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium - 2023
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium (CIF) - 2022
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium (FOB) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium (CIF) - 2022
The average import price for articles of precious metal or of metal clad with precious metal stood at $552,204 per ton in 2022, surging by 48% against the previous year. In general, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 210% against the previous year. The import price peaked at $580,315 per ton in 2018; however, from 2019 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 ($639,230 per ton), while the price for Germany ($78,010 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium (FOB) - 2022
The average export price for articles of precious metal or of metal clad with precious metal stood at $5,565,534 per ton in 2022, with an increase of 79% against the previous year. Overall, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 146% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($20,931,180 per ton), while the average price for exports to Mali ($255 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 the Netherlands (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium
In 2022, the amount of articles of precious metal or of metal clad with precious metal imported into Belgium skyrocketed to 182 tons, with an increase of 83% on 2021 figures. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 575%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of articles of precious metal or of metal clad with precious metal surged to $101M in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 363%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 17.3 | 27.2 | 88.5 | 126.2% |
| Norway | 4.7 | 8.4 | 4.1 | 8.1 | 19.9% |
| Germany | 0.8 | 0.2 | 1.0 | 1.4 | 20.5% |
| Czech Republic | 0.2 | 0.6 | 3.0 | 1.1 | 76.5% |
| Others | 0.6 | 3.3 | 1.9 | 1.5 | 35.7% |
| Total | 6.4 | 29.8 | 37.2 | 101 | 150.8% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Belgium in 2022:
- Netherlands (138.4 tons)
- Norway (18.9 tons)
- Germany (17.6 tons)
- Czech Republic (3.1 tons)
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium
In 2022, after three years of growth, there was significant decline in shipments abroad of articles of precious metal or of metal clad with precious metal, when their volume decreased by -23.1% to 10 tons. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 321%.
In value terms, exports of articles of precious metal or of metal clad with precious metal skyrocketed to $57M in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 212% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.1 | N/A | 27.1 | 47.5 | 680.2% |
| Norway | 3.8 | 5.5 | 3.3 | 4.8 | 8.1% |
| Germany | N/A | 1.8 | 7.1 | 3.0 | 29.1% |
| Italy | N/A | N/A | N/A | 0.9 | 0% |
| France | 0.2 | 0.8 | 1.2 | 0.9 | 65.1% |
| United Kingdom | 2.8 | 12.8 | 0.1 | 0.1 | -67.1% |
| Croatia | N/A | N/A | N/A | N/A | 0% |
| Mali | N/A | N/A | N/A | N/A | 0% |
| El Salvador | N/A | 1.5 | 2.3 | N/A | 53.3% |
| Czech Republic | 0.3 | 0.1 | 0.3 | N/A | 0.0% |
| Others | 0.1 | 0.5 | 0.3 | 0.2 | 26.0% |
| Total | 7.4 | 23.0 | 41.6 | 57.4 | 98.0% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Belgium in 2022:
- Germany (3.7 tons)
- Netherlands (2.3 tons)
- Italy (1.5 tons)
- Mali (1.4 tons)
- France (0.6 tons)
- Croatia (0.2 tons)
- Norway (0.2 tons)
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