Norway - Non-Silver Precious Metal Articles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Silver Precious Metal Non-Jewelry Article in Norway - 2024
Contents:
- Price for Non-Silver Precious Metal Non-Jewelry Article in Norway (CIF) - 2022
- Price for Non-Silver Precious Metal Non-Jewelry Article in Norway (FOB) - 2022
- Imports of Non-Silver Precious Metal Non-Jewelry Article in Norway
- Exports of Non-Silver Precious Metal Non-Jewelry Article in Norway
Price for Non-Silver Precious Metal Non-Jewelry Article in Norway (CIF) - 2022
The average import price for non-silver precious metal non-jewelry articles stood at $706,311 per ton in 2022, dropping by -70.8% against the previous year. In general, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 103% against the previous year. The import price peaked at $3,016,598 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($5,342,429 per ton), while the price for China ($140,455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Silver Precious Metal Non-Jewelry Article in Norway (FOB) - 2022
In 2022, the average export price for non-silver precious metal non-jewelry articles amounted to $4,229,859 per ton, waning by -46.9% against the previous year. In general, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2014 when the average export price increased by 37%. As a result, the export price reached the peak level of $27,546 per kg. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($22,883,000 per ton), while the average price for exports to the Netherlands ($385,042 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 (+10.0%), while the prices for the other major destinations experienced a decline.
Imports of Non-Silver Precious Metal Non-Jewelry Article in Norway
In 2022, the amount of non-silver precious metal non-jewelry articles imported into Norway skyrocketed to 1.5 tons, rising by 250% against 2021. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal non-jewelry article imports expanded slightly to $1M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 3.1%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Non-Silver Precious Metal Non-Jewelry Article in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 789 | 632 | 403 | 505 | -13.8% |
| India | 36.9 | 26.6 | 225 | 111 | 44.4% |
| United Kingdom | 7.1 | 9.6 | 40.0 | 40.3 | 78.4% |
| United Arab Emirates | 14.4 | 13.4 | 7.7 | 27.8 | 24.5% |
| China | 2.9 | 6.6 | 113 | 15.7 | 75.6% |
| Others | 153 | 347 | 231 | 343 | 30.9% |
| Total | 1,004 | 1,035 | 1,019 | 1,043 | 1.3% |
Top Suppliers of Non-Silver Precious Metal Non-Jewelry Article to Norway in 2022:
- Denmark (1012.0 kg)
- China (112.0 kg)
- United Kingdom (32.0 kg)
- United Arab Emirates (27.0 kg)
- India (24.0 kg)
Exports of Non-Silver Precious Metal Non-Jewelry Article in Norway
In 2022, approx. 555 kg of non-silver precious metal non-jewelry articles were exported from Norway; growing by 62% compared with the previous year's figure. Over the period under review, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal non-jewelry article exports contracted to $2.3M in 2022. Overall, exports, however, faced a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 38%.
| Export of Non-Silver Precious Metal Non-Jewelry Article in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 22.9 | 0% |
| Germany | N/A | 222 | 473 | 20.3 | -69.8% |
| Netherlands | 161 | 0.2 | 0.2 | 9.2 | -61.5% |
| United Arab Emirates | N/A | N/A | N/A | 5.7 | 0% |
| Turkey | N/A | N/A | N/A | 4.7 | 0% |
| Denmark | 15.2 | 1.0 | 18.8 | 0.8 | -62.5% |
| Poland | 1,379 | 537 | 548 | 0.5 | -92.9% |
| United Kingdom | N/A | 36.7 | N/A | N/A | 0% |
| Finland | N/A | 169 | 295 | N/A | 74.6% |
| South Africa | 226 | 73.2 | N/A | N/A | -67.6% |
| Italy | 17.5 | N/A | N/A | N/A | 0% |
| Others | 1,684 | 931 | 1,390 | 2,284 | 10.7% |
| Total | 3,482 | 1,969 | 2,726 | 2,348 | -12.3% |
Top Export Markets for Non-Silver Precious Metal Non-Jewelry Article from Norway in 2022:
- Netherlands (24.0 kg)
- Turkey (2.0 kg)
- Germany (2.0 kg)
- United Arab Emirates (1.0 kg)
- Denmark (1.0 kg)
- Poland (1.0 kg)
- Iraq (1.0 kg)
This report provides an in-depth analysis of the market for non-silver precious metal non-jewelry article in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32121353 - Articles of goldsmiths
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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