Portugal - Articles Of Goldsmiths’ Or Silversmiths’ Wares Of Silver - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Silver Goldsmiths Ware Articles in Portugal - 2023
Contents:
- Price for Silver Goldsmiths Ware Articles in Portugal (FOB) - 2023
- Price for Silver Goldsmiths Ware Articles in Portugal (CIF) - 2023
- Exports of Silver Goldsmiths Ware Articles in Portugal
- Imports of Silver Goldsmiths Ware Articles in Portugal
Price for Silver Goldsmiths Ware Articles in Portugal (FOB) - 2023
In August 2023, the average silver goldsmiths ware articles export price amounted to $1.0M per ton, declining by -8.2% against the previous month. Overall, export price indicated a buoyant expansion from August 2022 to August 2023: its price increased at an average monthly rate of +8.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, silver goldsmiths ware articles export price decreased by -8.2% against July 2023 indices. The pace of growth was the most pronounced in September 2022 an increase of 97% against the previous month. Over the period under review, the average export prices hit record highs at $1.1M per ton in November 2022; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($1.3M per ton), while the average price for exports to the United States ($406K per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silver Goldsmiths Ware Articles in Portugal (CIF) - 2023
The average silver goldsmiths ware articles import price stood at $940K per ton in August 2023, reducing by -40.4% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 172% against the previous month. Over the period under review, average import prices hit record highs at $1.6M per ton in July 2023, and then dropped notably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($2.2M per ton), while the price for Spain ($355K per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Silver Goldsmiths Ware Articles in Portugal
For the fourth consecutive year, Portugal recorded growth in shipments abroad of articles of goldsmiths or silversmiths wares of silver, which increased by 21% to 3.5 tons in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 36% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, silver goldsmiths ware articles exports soared to $2.9M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Silver Goldsmiths Ware Articles in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,250 | 415 | 671 | 1,221 | -0.8% |
United States | 193 | 444 | 401 | 636 | 48.8% |
United Kingdom | 312 | 461 | 210 | 287 | -2.7% |
Germany | 102 | 41.1 | 92.6 | 248 | 34.5% |
Spain | 89.4 | 141 | 1.4 | 150 | 18.8% |
Norway | 120 | 125 | 218 | 149 | 7.5% |
Netherlands | 138 | 50.1 | 64.6 | 53.5 | -27.1% |
Morocco | N/A | N/A | 62.7 | 35.0 | -44.2% |
Others | 234 | 227 | 478 | 87.6 | -27.9% |
Total | 2,437 | 1,904 | 2,199 | 2,867 | 5.6% |
Top Export Markets for Silver Goldsmiths Ware Articles from Portugal in 2022:
- Italy (1169.0 kg)
- United States (901.0 kg)
- United Kingdom (534.0 kg)
- Germany (325.0 kg)
- Morocco (279.0 kg)
- Norway (161.0 kg)
- Spain (58.0 kg)
- Netherlands (46.0 kg)
Imports of Silver Goldsmiths Ware Articles in Portugal
In 2022, the amount of articles of goldsmiths or silversmiths wares of silver imported into Portugal soared to 2 tons, with an increase of 157% compared with 2021. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, silver goldsmiths ware articles imports skyrocketed to $2.7M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Silver Goldsmiths Ware Articles in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 468 | 847 | 924 | 2,182 | 67.1% |
Spain | 66.9 | 71.0 | 51.1 | 295 | 64.0% |
United Kingdom | 4.7 | 5.0 | 43.3 | 155 | 220.7% |
Others | 73.0 | 77.8 | 58.8 | 31.5 | -24.4% |
Total | 613 | 1,001 | 1,078 | 2,663 | 63.2% |
Top Suppliers of Silver Goldsmiths Ware Articles to Portugal in 2022:
- Italy (1365.0 kg)
- Spain (445.0 kg)
- United Kingdom (140.0 kg)
This report provides an in-depth analysis of the market for silver goldsmiths non-jewelry article in Portugal. 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 32121351 - Articles of goldsmiths
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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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