Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Slovakia - 2023

Contents:

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

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

The average import price for articles of precious metal or of metal clad with precious metal stood at $183,296 per ton in 2022, growing by 186% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The import price peaked at $420,863 per ton in 2013; however, from 2014 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 Czech Republic ($190,570 per ton), while the price for Poland ($40,603 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for articles of precious metal or of metal clad with precious metal amounted to $121,002 per ton, which is down by -43.8% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by 48% against the previous year. The export price peaked at $365,271 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($256,674 per ton), while the average price for exports to Italy ($2,505 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 Slovenia (+27.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of articles of precious metal or of metal clad with precious metal imported into Slovakia surged to 177 tons, with an increase of 198% compared with the previous year. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 213%. 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 $32M in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic3.52.60.231.9108.9%
PolandN/AN/A0.50.3-40.0%
Germany0.40.43.10.1-37.0%
OthersN/A0.1N/A0.10.0%
Total3.93.23.832.4102.5%

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

  1. Czech Republic (167.3 tons)
  2. Poland (7.9 tons)
  3. Germany (1.2 tons)

Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Slovakia

After three years of growth, overseas shipments of articles of precious metal or of metal clad with precious metal decreased by -97.6% to 4.7 tons in 2022. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,070%. As a result, the exports attained the peak of 195 tons, and then dropped dramatically in the following year.

In value terms, exports of articles of precious metal or of metal clad with precious metal declined markedly to $565K in 2022. Over the period under review, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,415%. As a result, the exports reached the peak of $42M, and then reduced sharply in the following year.

Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.10.339.70.344.2%
Hungary0.10.10.20.226.0%
SloveniaN/AN/AN/A0.10%
Macao SARN/AN/AN/AN/A0%
Croatia0.10.10.1N/A0.0%
Austria0.20.4N/AN/A100.0%
ItalyN/AN/AN/AN/A0%
Others0.11.81.9N/A335.9%
Total0.62.842.00.60.0%

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

  1. Italy (1812.0 kg)
  2. Czech Republic (1448.0 kg)
  3. Hungary (916.0 kg)
  4. Slovenia (242.0 kg)
  5. Macao SAR (117.0 kg)
  6. Croatia (102.0 kg)

Source: IndexBox Market Intelligence Platform

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