Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark - 2023
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark (FOB) - 2023
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark (CIF) - 2022
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark (FOB) - 2023
In August 2023, the average export price for articles of precious metal or of metal clad with precious metal amounted to $90,619 per ton, falling by -21.4% against the previous month. Overall, export price indicated a prominent increase from November 2022 to August 2023: its price increased at an average monthly rate of +6.6% over the last nine-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for articles of precious metal or of metal clad with precious metal decreased by -21.4% against July 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 106% against the previous month. The export price peaked at $115K per ton in July 2023, and then declined dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Faroe Islands ($307K per ton), while the average price for exports to Norway ($53,316 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands (+84.7%), 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 Denmark (CIF) - 2022
In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $144,822 per ton, rising by 51% against the previous year. In general, the import price showed a noticeable expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($153,174 per ton), while the price for Japan ($9,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark
For the third year in a row, Denmark recorded decline in overseas shipments of articles of precious metal or of metal clad with precious metal, which decreased by -15.7% to 92 tons in 2022. In general, exports recorded a abrupt slump. The smallest decline of -8.3% was in 2020.
In value terms, exports of articles of precious metal or of metal clad with precious metal dropped markedly to $11M in 2022. Over the period under review, exports showed a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports attained the peak of $17M, and then declined markedly in the following year.
| Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 8.3 | 0% |
| United States | N/A | N/A | N/A | 1.5 | 0% |
| Sweden | 0.1 | 0.1 | N/A | 0.4 | 58.7% |
| Lithuania | N/A | N/A | N/A | 0.2 | 0% |
| Germany | 12.2 | 14.2 | 16.3 | 0.2 | -74.6% |
| Others | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
| Total | 12.6 | 14.4 | 16.5 | 10.9 | -4.7% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Denmark in 2022:
- Spain (65.7 tons)
- Lithuania (10.2 tons)
- Sweden (6.7 tons)
- United States (3.4 tons)
- Germany (1.1 tons)
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark
In 2022, overseas purchases of articles of precious metal or of metal clad with precious metal decreased by -35.8% to 55 tons, falling for the second year in a row after two years of growth. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 77%. As a result, imports reached the peak of 131 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of articles of precious metal or of metal clad with precious metal reduced modestly to $8M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 133%. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.4 | 1.9 | 3.2 | 4.3 | 120.7% |
| Sweden | 3.2 | 6.3 | 2.9 | 1.7 | -19.0% |
| Finland | 0.3 | 0.8 | 0.3 | 0.6 | 26.0% |
| Germany | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Slovakia | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Spain | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.6 | 1.4 | 1.4 | 0.8 | 10.1% |
| Total | 4.5 | 10.6 | 8.2 | 8.0 | 21.1% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Denmark in 2022:
- United States (30.0 tons)
- Sweden (11.3 tons)
- Finland (4.3 tons)
- Germany (4.1 tons)
- Slovakia (1.8 tons)
- Spain (1.2 tons)
413
This report provides an in-depth analysis of the platinum catalysts market in Denmark.
572
This report provides an in-depth analysis of the platinum market in Denmark.
434
This report provides an in-depth analysis of the temporarily preserved vegetable market in Denmark.
253
This report provides an in-depth analysis of the motorcycle and scooter market in Denmark.
541
This report provides an in-depth analysis of the global platinum catalysts market.
1037
This report provides an in-depth analysis of the global platinum market.
560
Global Temporarily Preserved Vegetable Market Report 2019. This report provides an in-depth analysis of the global temporarily preserved vegetable market.
420
This report provides an in-depth analysis of the global motorcycle and scooter market.
413
This report provides an in-depth analysis of the platinum catalysts market in Denmark.
541
This report provides an in-depth analysis of the global platinum catalysts market.
168
Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.
2888
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
1570
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
2031
In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in
1816
China continues to lead the way in the global temporarily preserved vegetable trade. In 2014, China exported X thousand tons of temporarily preserved vegetables totaling X million USD, X% under the previous year. Its primary trading partner was J
318
In recent years, the global demand for motorcycles and scooters has been steadily increasing. These vehicles offer an affordable and convenient mode of transportation, making them popular in both developed and developing countries. In this article, we will explore the top import markets for motorcycles and scooters and provide key statistics.
