Price for Articles of Precious Metal or of Metal Clad with Precious Metal in the Czech Republic - 2023

Contents:

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

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in the Czech Republic (CIF) - 2022

The average import price for articles of precious metal or of metal clad with precious metal stood at $158,603 per ton in 2022, picking up by 128% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2021 an increase of 207% against the previous year. The import price peaked at $473,278 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Austria ($258,943 per ton), while the price for France ($6,492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.0%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for articles of precious metal or of metal clad with precious metal amounted to $81,397 per ton, waning by -39.6% against the previous year. Over the period under review, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. The export price peaked at $498,335 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Poland ($232,096 per ton), while the average price for exports to Germany totaled $38,978 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-0.7%).

Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in the Czech Republic

In 2022, after three years of growth, there was significant decline in supplies from abroad of articles of precious metal or of metal clad with precious metal, when their volume decreased by -29.5% to 725 tons. Over the period under review, imports, however, saw a resilient increase. The growth pace was the most rapid in 2020 when imports increased by 58%.

In value terms, imports of articles of precious metal or of metal clad with precious metal soared to $115M in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 365% against the previous year. 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 the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria0.9N/A45.5108393.2%
Germany5.23.47.93.0-16.8%
France0.50.21.41.750.4%
Denmark0.40.70.1N/A-50.0%
South Africa2.7N/AN/AN/A0%
EstoniaN/A2.25.6N/A154.5%
Others6.79.011.12.4-29.0%
Total16.415.471.611591.4%

Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to the Czech Republic in 2022:

  1. Austria (416.1 tons)
  2. France (269.0 tons)
  3. Germany (17.9 tons)

Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in the Czech Republic

In 2022, approx. 605 tons of articles of precious metal or of metal clad with precious metal were exported from the Czech Republic; growing by 74% compared with 2021. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of articles of precious metal or of metal clad with precious metal rose slightly to $49M in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Articles of Precious Metal or of Metal Clad with Precious Metal in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.718.822.921.99.5%
Poland2.95.41.72.2-8.8%
Slovakia8.00.40.42.1-36.0%
Others16.214.422.023.012.4%
Total43.938.947.049.23.9%

Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from the Czech Republic in 2022:

  1. Germany (562.9 tons)
  2. Poland (9.4 tons)
  3. Slovakia (4.7 tons)

Source: IndexBox Market Intelligence Platform

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