Silver Jewelry Price in Denmark - 2023
Contents:
- Silver Jewelry Price in Denmark (CIF) - 2022
- Silver Jewelry Price in Denmark (FOB) - 2022
- Silver Jewelry Imports in Denmark
- Silver Jewelry Exports in Denmark
Silver Jewelry Price in Denmark (CIF) - 2022
In 2022, the average silver jewelry import price amounted to $1,646,194 per ton, dropping by -14.3% against the previous year. Over the period under review, the import price showed a slight slump. The growth pace was the most rapid in 2021 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum at $2,163,700 per ton in 2018; however, from 2019 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 ($3,944,661 per ton), while the price for Luxembourg ($78,018 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Silver Jewelry Price in Denmark (FOB) - 2022
In 2022, the average silver jewelry export price amounted to $1,223,061 per ton, remaining constant against the previous year. Overall, the export price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs at $2,382,446 per ton in 2017; however, from 2018 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 Italy ($3,231,107 per ton), while the average price for exports to Finland ($323,041 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 (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Silver Jewelry Imports in Denmark
In 2022, approx. 38 tons of silver jewelry were imported into Denmark; increasing by 8.6% compared with 2021. The total import volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 47%. As a result, imports reached the peak of 42 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, silver jewelry imports fell to $63M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of $67M, and then dropped in the following year.
| Import of Silver Jewelry in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 24.4 | 25.0 | 25.3 | 24.9 | 0.7% |
| India | 6.7 | 11.3 | 9.4 | 9.7 | 13.1% |
| Germany | 6.6 | 5.0 | 9.6 | 5.5 | -5.9% |
| China | 3.1 | 3.2 | 5.1 | 5.3 | 19.6% |
| Italy | 1.6 | 1.7 | 1.5 | 3.6 | 31.0% |
| Lithuania | 2.3 | 2.8 | 6.7 | 2.9 | 8.0% |
| United Arab Emirates | N/A | N/A | N/A | 1.6 | 0% |
| France | 0.6 | 0.5 | 0.5 | 1.0 | 18.6% |
| Sweden | 1.7 | 0.7 | 1.8 | 1.0 | -16.2% |
| United Kingdom | 0.1 | 0.1 | 0.3 | 0.6 | 81.7% |
| United States | 1.9 | 0.8 | 0.4 | 0.5 | -35.9% |
| Netherlands | N/A | 0.1 | N/A | 0.4 | 100.0% |
| Luxembourg | N/A | N/A | N/A | 0.1 | 0% |
| Others | 4.2 | 4.9 | 6.6 | 5.6 | 10.1% |
| Total | 53.3 | 56.1 | 67.2 | 62.6 | 5.5% |
Top Suppliers of Silver Jewelry to Denmark in 2022:
- Thailand (8.5 tons)
- Italy (7.4 tons)
- Germany (3.3 tons)
- China (3.1 tons)
- India (2.9 tons)
- France (2.4 tons)
- United Arab Emirates (1.8 tons)
- Lithuania (1.6 tons)
- United Kingdom (1.0 tons)
- Netherlands (0.7 tons)
- United States (0.6 tons)
- Luxembourg (0.6 tons)
- Sweden (0.6 tons)
Silver Jewelry Exports in Denmark
In 2022, the amount of silver jewelry exported from Denmark surged to 48 tons, picking up by 19% against the year before. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, silver jewelry exports soared to $59M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +68.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Silver Jewelry in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 6.7 | 9.6 | 13.5 | 38.3% |
| Norway | 4.5 | 5.6 | 6.9 | 8.1 | 21.6% |
| Sweden | 3.7 | 4.7 | 5.0 | 5.9 | 16.8% |
| United Kingdom | 3.1 | 5.4 | 5.4 | 4.9 | 16.5% |
| Italy | 6.5 | 7.0 | 7.5 | 4.8 | -9.6% |
| Kuwait | 0.2 | 0.2 | 0.4 | 3.5 | 159.6% |
| Netherlands | 1.9 | 1.8 | 1.4 | 2.1 | 3.4% |
| United States | 1.2 | 0.9 | 1.6 | 1.1 | -2.9% |
| Luxembourg | 0.1 | 0.1 | 0.1 | 1.1 | 122.4% |
| Austria | 0.2 | 0.2 | 0.6 | 0.9 | 65.1% |
| Poland | 0.4 | 0.5 | 1.0 | 0.7 | 20.5% |
| Iceland | 0.2 | 0.1 | 0.8 | 0.6 | 44.2% |
| Finland | 0.4 | 0.5 | 0.3 | 0.4 | 0.0% |
| Others | 7.6 | 6.3 | 8.7 | 11.3 | 14.1% |
| Total | 35.0 | 39.8 | 49.5 | 59.0 | 19.0% |
Top Export Markets for Silver Jewelry from Denmark in 2022:
- Germany (13.4 tons)
- Norway (6.8 tons)
- Sweden (3.3 tons)
- United Kingdom (2.2 tons)
- Netherlands (2.0 tons)
- Luxembourg (1.9 tons)
- Kuwait (1.8 tons)
- Italy (1.5 tons)
- United States (1.3 tons)
- Poland (1.3 tons)
- Finland (1.2 tons)
- Austria (1.0 tons)
- Iceland (0.9 tons)
222
This report provides an in-depth analysis of the articles of jewellery market in Denmark.
1596
This report provides an in-depth analysis of the jewelry market in Denmark.
255
This report provides an in-depth analysis of the motorcycle and scooter market in Denmark.
1356
This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in Denmark.
486
Global Articles Of Jewellery Market Report 2018. This report provides an in-depth analysis of the global articles of jewellery market.
4256
This report provides an in-depth analysis of the global jewelry market.
421
This report provides an in-depth analysis of the global motorcycle and scooter market.
3193
This report provides an in-depth analysis of the global market for motorcycle, scooter and side-car.
222
This report provides an in-depth analysis of the articles of jewellery market in Denmark.
1596
This report provides an in-depth analysis of the jewelry market in Denmark.
302
Explore the top import markets for jewelry worldwide, including Hong Kong SAR, United Arab Emirates, United States, Switzerland, and more. Discover key statistics and insights from the IndexBox market intelligence platform.
1598
Global jewelry imports stood at X tons in 2016, rising by X% against the previous year figure. Overall, jewelry imports continue to indicate a relatively flat trend pattern. The pace of growth was...
320
In recent years, the global demand for motorcycles and scooters has been steadily increasing. These vehicles offer an affordable and convenient mode of transportation, making them popular in both developed and developing countries. In this article, we will explore the top import markets for motorcycles and scooters and provide key statistics.
353
Explore the world's best import markets for motorcycles, scooters, and side-cars. Discover the top countries with high import values, including the United States, Germany, France, and more.
5533
In 2016, approx. X tons of motorcycle and scooter were imported worldwide- coming up by X% against the previous year level. In general, motorcycle and scooter imports continue to indicate a relat...
1365
In 2016, approx. X tons of motorcycle and scooter were imported worldwide- coming up by X% against the previous year level. In general, motorcycle and scooter imports continue to indicate a relat...
1166
From 2007 to 2014, the global motorcycle and scooter market showed mixed dynamics. A slight decrease in 2009 (-X% Y-o-Y) was followed by a X% increase in 2010. Over the next three years, the market gradually increased to X million units. In value te
1373
A lower costs policy coupled with the launching of new products is expected to double the Japanese Yamaha Motor Co.'s motorcycle profit margin by 2018. According to the Japan Times, Yamaha aims to increase their overall margin to X% by 2018. Hiroyuki
302
Explore the top import markets for jewelry worldwide, including Hong Kong SAR, United Arab Emirates, United States, Switzerland, and more. Discover key statistics and insights from the IndexBox market intelligence platform.
1598
Global jewelry imports stood at X tons in 2016, rising by X% against the previous year figure. Overall, jewelry imports continue to indicate a relatively flat trend pattern. The pace of growth was...
