United Kingdom - 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 the UK - 2023
Contents:
- Price for Non-Silver Precious Metal Non-Jewelry Article in the UK (FOB) - 2022
- Price for Non-Silver Precious Metal Non-Jewelry Article in the UK (CIF) - 2022
- Exports of Non-Silver Precious Metal Non-Jewelry Article in the UK
- Imports of Non-Silver Precious Metal Non-Jewelry Article in the UK
Price for Non-Silver Precious Metal Non-Jewelry Article in the UK (FOB) - 2022
In 2022, the average export price for non-silver precious metal non-jewelry articles amounted to $4,701,577 per ton, increasing by 233% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $9,853,545 per ton in 2013; however, from 2014 to 2022, the export prices stood 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 Hong Kong SAR ($14,712,519 per ton), while the average price for exports to Poland ($127,325 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 Hungary (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Silver Precious Metal Non-Jewelry Article in the UK (CIF) - 2022
The average import price for non-silver precious metal non-jewelry articles stood at $1,252,678 per ton in 2022, shrinking by -54.3% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2018 an increase of 93%. The import price peaked at $5,464,197 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 Germany ($4,991,556 per ton), while the price for Poland ($189,636 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Non-Silver Precious Metal Non-Jewelry Article in the UK
In 2022, approx. 1.1 tons of non-silver precious metal non-jewelry articles were exported from the UK; declining by -71.3% on 2021 figures. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of -13.1% was in 2021.
In value terms, non-silver precious metal non-jewelry article exports declined modestly to $5.4M in 2022. In general, exports saw a sharp reduction.
| Export of Non-Silver Precious Metal Non-Jewelry Article in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 2,896 | 750 | 466 | 1,162 | -26.2% |
| United States | 3,910 | 1,049 | 791 | 781 | -41.5% |
| Germany | 343 | 439 | 315 | 275 | -7.1% |
| United Arab Emirates | 117 | 460 | 342 | 209 | 21.3% |
| Italy | 81.2 | 62.7 | 80.0 | 178 | 29.9% |
| Hungary | 1.0 | 0.3 | 19.8 | 89.0 | 346.5% |
| France | 84.5 | 83.0 | 121 | 68.7 | -6.7% |
| Spain | 58.3 | 54.5 | 28.6 | 57.0 | -0.7% |
| Netherlands | 66.3 | 37.8 | 133 | 50.4 | -8.7% |
| Cyprus | 8.5 | 1.0 | 33.7 | 33.1 | 57.3% |
| Ireland | 1,134 | 117 | 22.6 | 31.1 | -69.8% |
| Poland | 137 | 100 | 15.4 | 25.5 | -42.9% |
| Belgium | 21.1 | 8.9 | 26.4 | 22.4 | 2.0% |
| Others | 4,600 | 4,102 | 3,213 | 2,377 | -19.8% |
| Total | 13,457 | 7,266 | 5,608 | 5,360 | -26.4% |
Top Export Markets for Non-Silver Precious Metal Non-Jewelry Article from the UK in 2022:
- Hungary (525.0 kg)
- Germany (451.0 kg)
- Italy (300.0 kg)
- United States (240.0 kg)
- Poland (200.0 kg)
- Netherlands (188.0 kg)
- Ireland (183.0 kg)
- United Arab Emirates (130.0 kg)
- Cyprus (117.0 kg)
- France (88.0 kg)
- Hong Kong SAR (79.0 kg)
- Spain (71.0 kg)
- Belgium (64.0 kg)
Imports of Non-Silver Precious Metal Non-Jewelry Article in the UK
In 2022, the amount of non-silver precious metal non-jewelry articles imported into the UK skyrocketed to 1.9 tons, increasing by 314% against 2021 figures. Overall, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal non-jewelry article imports soared to $2.4M in 2022. Over the period under review, imports, however, showed a significant decrease.
| Import of Non-Silver Precious Metal Non-Jewelry Article in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 646 | 714 | 473 | 764 | 5.8% |
| China | 97.2 | 97.6 | 25.6 | 731 | 95.9% |
| United States | 276 | 50.5 | 95.2 | 320 | 5.1% |
| Italy | 447 | 15.2 | 17.9 | 111 | -37.1% |
| France | 4,795 | 1,538 | 321 | 28.5 | -81.9% |
| India | 288 | 134 | 71.3 | 25.4 | -55.5% |
| Poland | 13.0 | N/A | 0.1 | 6.3 | -21.5% |
| Lebanon | 180 | 120 | 32.2 | 4.7 | -70.3% |
| Ireland | 437 | 0.5 | N/A | N/A | -99.9% |
| Others | 235 | 266 | 215 | 376 | 17.0% |
| Total | 7,415 | 2,936 | 1,251 | 2,366 | -31.7% |
Top Suppliers of Non-Silver Precious Metal Non-Jewelry Article to the UK in 2022:
- China (1105.0 kg)
- Italy (204.0 kg)
- Germany (153.0 kg)
- United States (146.0 kg)
- Poland (33.0 kg)
- India (7.0 kg)
- France (5.0 kg)
- Lebanon (2.0 kg)
This report provides an in-depth analysis of the market for non-silver precious metal non-jewelry article in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
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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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