Price for Non-Silver Precious Metal Jewelry in Belgium - 2023

Contents:

  1. Price for Non-Silver Precious Metal Jewelry in Belgium (CIF) - 2022
  2. Price for Non-Silver Precious Metal Jewelry in Belgium (FOB) - 2022
  3. Imports of Non-Silver Precious Metal Jewelry in Belgium
  4. Exports of Non-Silver Precious Metal Jewelry in Belgium

Price for Non-Silver Precious Metal Jewelry in Belgium (CIF) - 2022

The average non-silver precious metal jewelry import price stood at $4,889,424 per ton in 2022, falling by -12.6% against the previous year. In general, the import price showed a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 15% against the previous year. As a result, import price attained the peak level of $49,900 per kg. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($65,060,786 per ton), while the price for Germany ($953,457 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.7%), while the prices for the other major suppliers experienced a decline.

Price for Non-Silver Precious Metal Jewelry in Belgium (FOB) - 2022

In 2022, the average non-silver precious metal jewelry export price amounted to $9,470,222 per ton, shrinking by -24.1% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 26% against the previous year. The export price peaked at $49,908,126 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($31,799,772 per ton), while the average price for exports to Italy ($1,054,438 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 Germany (-5.5%), while the prices for the other major destinations experienced a decline.

Imports of Non-Silver Precious Metal Jewelry in Belgium

After three years of growth, purchases abroad of non-silver precious metal jewelry decreased by -9.9% to 39 tons in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 146% against the previous year. As a result, imports attained the peak of 43 tons, and then reduced in the following year.

In value terms, non-silver precious metal jewelry imports fell significantly to $191M in 2022. Over the period under review, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 62%. As a result, imports reached the peak of $242M, and then dropped dramatically in the following year.

Import of Non-Silver Precious Metal Jewelry in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India50.363.483.467.210.1%
France17.520.429.933.824.5%
China11.210.819.720.622.5%
Italy9.811.325.819.525.8%
Hong Kong SAR3.75.08.49.637.4%
Thailand3.84.46.76.922.0%
Germany2.94.36.66.329.5%
United States4.25.45.14.73.8%
Netherlands2.95.46.20.8-34.9%
Spain1.11.32.30.7-14.0%
Others12.618.048.120.818.2%
Total12015024219116.8%

Top Suppliers of Non-Silver Precious Metal Jewelry to Belgium in 2022:

  1. Italy (16.5 tons)
  2. Germany (6.6 tons)
  3. France (5.1 tons)
  4. China (4.8 tons)
  5. Thailand (1.1 tons)
  6. India (1.0 tons)
  7. United States (0.9 tons)
  8. Spain (0.5 tons)
  9. Hong Kong SAR (0.4 tons)
  10. Netherlands (0.2 tons)

Exports of Non-Silver Precious Metal Jewelry in Belgium

For the fourth consecutive year, Belgium recorded growth in shipments abroad of non-silver precious metal jewelry, which increased by 5.8% to 20 tons in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 85% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, non-silver precious metal jewelry exports declined markedly to $192M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 51%. As a result, the exports reached the peak of $239M, and then contracted significantly in the following year.

Export of Non-Silver Precious Metal Jewelry in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France19.727.336.636.923.3%
Netherlands12.713.728.536.141.7%
Germany40.448.553.821.8-18.6%
United Kingdom9.816.419.316.418.7%
United States11.16.514.214.08.0%
Switzerland7.46.926.112.117.8%
Italy1.41.42.64.143.1%
Austria1.02.53.94.058.7%
Luxembourg2.67.75.93.611.5%
United Arab Emirates14.40.910.83.3-38.8%
India2.72.42.83.25.8%
Hungary0.30.50.60.626.0%
Others23.323.933.635.615.2%
Total1471592391929.3%

Top Export Markets for Non-Silver Precious Metal Jewelry from Belgium in 2022:

  1. Netherlands (5.9 tons)
  2. Italy (3.9 tons)
  3. France (3.5 tons)
  4. United Kingdom (1.5 tons)
  5. United States (0.7 tons)
  6. Germany (0.7 tons)
  7. India (0.5 tons)
  8. Austria (0.5 tons)
  9. Hungary (0.5 tons)
  10. Switzerland (0.4 tons)
  11. United Arab Emirates (0.2 tons)
  12. Luxembourg (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Non-Silver Precious Metal Jewelry - Belgium