Price for Metals; Gold, Non-Monetary, Powder in Belgium - 2023

Contents:

  1. Price for Metals; Gold, Non-Monetary, Powder in Belgium (CIF) - 2022
  2. Price for Metals; Gold, Non-Monetary, Powder in Belgium (FOB) - 2022
  3. Imports of Metals; Gold, Non-Monetary, Powder in Belgium
  4. Exports of Metals; Gold, Non-Monetary, Powder in Belgium

Price for Metals; Gold, Non-Monetary, Powder in Belgium (CIF) - 2022

The average metals; gold, non-monetary, powder import price stood at $1,872,303 per ton in 2022, declining by -92.5% against the previous year. Overall, the import price recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 1,295% against the previous year. Over the period under review, average import prices attained the peak figure at $37,994,647 per ton in 2013; however, from 2014 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 Switzerland ($26,027,900 per ton), while the price for France ($501,633 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metals; Gold, Non-Monetary, Powder in Belgium (FOB) - 2022

In 2022, the average metals; gold, non-monetary, powder export price amounted to $10,756,351 per ton, picking up by 9.1% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 2,671%. The export price peaked at $97,447,756 per ton in 2015; however, from 2016 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 Luxembourg ($13,052,429 per ton), while the average price for exports to Hungary ($828,169 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 Poland (+366.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metals; Gold, Non-Monetary, Powder in Belgium

For the fourth consecutive year, Belgium recorded growth in supplies from abroad of metals; gold, non-monetary, powder, which increased by 143% to 34 kg in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 175%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, metals; gold, non-monetary, powder imports contracted rapidly to $64K in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,743%. As a result, imports attained the peak of $361K, and then reduced notably in the following year.

Import of Metals; Gold, Non-Monetary, Powder in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A17.60%
Netherlands0.50.76.010.4175.0%
Italy0.10.10.89.6357.9%
China0.6N/AN/A9.6152.0%
France2.69.82.18.548.4%
SwitzerlandN/A8.039.24.9-21.7%
Germany1.10.53133.039.7%
United KingdomN/A0.4N/A0.622.5%
Thailand0.4N/AN/AN/A0%
Others0.7N/AN/AN/A0%
Total5.819.636164.1122.7%

Top Suppliers of Metals; Gold, Non-Monetary, Powder to Belgium in 2022:

  1. France (17.0 kg)
  2. Netherlands (5.0 kg)
  3. Italy (5.0 kg)
  4. China (5.0 kg)
  5. United States (1.0 kg)
  6. United Kingdom (1.0 kg)

Exports of Metals; Gold, Non-Monetary, Powder in Belgium

Metals; gold, non-monetary, powder exports from Belgium skyrocketed to 75 kg in 2022, increasing by 582% against the year before. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,667% against the previous year. As a result, the exports attained the peak of 166 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metals; gold, non-monetary, powder exports surged to $804K in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,697%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Metals; Gold, Non-Monetary, Powder in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France22.574556.8429167.2%
Luxembourg3.82.53.7235295.5%
ItalyN/A4.540.558.9261.8%
CyprusN/AN/A1.032.83180.0%
MaltaN/AN/A2.718.2574.1%
PolandN/AN/A1.48.7521.4%
HungaryN/AN/AN/A7.80%
LebanonN/A0.9N/AN/A0%
Others0.70.73.012.9164.1%
Total27.0754109804210.0%

Top Export Markets for Metals; Gold, Non-Monetary, Powder from Belgium in 2022:

  1. France (35.0 kg)
  2. Luxembourg (18.0 kg)
  3. Hungary (9.0 kg)
  4. Italy (5.0 kg)
  5. Cyprus (3.0 kg)
  6. Poland (2.0 kg)
  7. Malta (2.0 kg)

Source: IndexBox Market Intelligence Platform

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