Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Norway - 2024

Contents:

  1. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Norway (FOB) - 2022
  2. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Norway (CIF) - 2022
  3. Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Norway
  4. Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Norway

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Norway (FOB) - 2022

In 2022, the average export price for articles of precious metal or of metal clad with precious metal amounted to $7,926,652 per ton, dropping by -39.5% against the previous year. Over the period under review, the export price faced a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 69% against the previous year. Over the period under review, the average export prices attained the peak figure at $41,725,750 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($39,773,264 per ton), while the average price for exports to Indonesia ($708,529 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 (-0.0%), while the prices for the other major destinations experienced a decline.

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Norway (CIF) - 2022

In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $1,368,513 per ton, increasing by 10% against the previous year. Over the period under review, the import price showed a strong increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 214% against the previous year. The import price peaked in 2022 and is expected to retain 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 the Netherlands ($3,846,582 per ton), while the price for Belgium ($690,886 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 (+20.7%), 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 Norway

In 2022, approx. 14 tons of articles of precious metal or of metal clad with precious metal were exported from Norway; rising by 82% against 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 118% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of articles of precious metal or of metal clad with precious metal rose rapidly to $111M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 59%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands16.218.223.933.527.4%
Germany8.616.322.615.622.0%
France7.87.36.413.219.2%
Finland2.711.818.212.868.0%
Canada0.31.72.35.6165.3%
AustraliaN/A3.33.13.87.3%
UkraineN/A0.73.23.0107.0%
Denmark0.10.20.40.9108.0%
Turkey0.2N/A0.20.314.5%
ColombiaN/AN/AN/A0.20%
IndonesiaN/AN/A0.10.2100.0%
MalaysiaN/AN/A0.10.2100.0%
VietnamN/AN/A0.10.2100.0%
Others11.215.820.221.724.7%
Total47.275.210111133.0%

Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Norway in 2022:

  1. Ukraine (3.7 tons)
  2. Canada (2.8 tons)
  3. Denmark (1.2 tons)
  4. Australia (1.1 tons)
  5. Netherlands (0.9 tons)
  6. Germany (0.6 tons)
  7. Turkey (0.4 tons)
  8. Finland (0.4 tons)
  9. Colombia (0.3 tons)
  10. Indonesia (0.3 tons)
  11. France (0.3 tons)
  12. Malaysia (0.3 tons)
  13. Vietnam (0.2 tons)

Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Norway

In 2022, imports of articles of precious metal or of metal clad with precious metal into Norway rose markedly to 42 tons, growing by 6.4% compared with the year before. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 241% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of articles of precious metal or of metal clad with precious metal soared to $58M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 176%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.912.314.613.5146.6%
NetherlandsN/AN/AN/A9.80%
Finland1.34.511.09.594.1%
France2.77.06.88.747.7%
Belgium3.95.63.24.65.7%
Others4.78.013.811.735.5%
Total13.537.449.357.862.4%

Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Norway in 2022:

  1. Germany (18.2 tons)
  2. Finland (7.2 tons)
  3. Belgium (6.7 tons)
  4. France (6.1 tons)
  5. Netherlands (2.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Articles of precious metal or of metal clad with precious metal - Norway