Benelux: Market for Non-Silver Precious Metal Non-Jewelry Articles 2024

Market Size for Non-Silver Precious Metal Non-Jewelry Articles in Benelux

In 2022, after two years of decline, there was significant growth in the Benelux market for non-silver precious metal non-jewelry articles, when its value increased by X% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Silver Precious Metal Non-Jewelry Articles in Benelux

In value terms, non-silver precious metal non-jewelry article production rose remarkably to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Non-Silver Precious Metal Non-Jewelry Articles

Exports in Benelux

In 2022, after two years of growth, there was significant decline in shipments abroad of non-silver precious metal non-jewelry articles, when their volume decreased by X% to X kg. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then reduced rapidly in the following year.

In value terms, non-silver precious metal non-jewelry article exports surged to $X in 2022. In general, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Belgium (X kg) represented the key exporter of non-silver precious metal non-jewelry articles, achieving X% of total exports. It was distantly followed by the Netherlands (X kg), creating a X% share of total exports. Luxembourg (X kg) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belgium (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Belgium ($X) remains the largest non-silver precious metal non-jewelry article supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

In Belgium, non-silver precious metal non-jewelry article exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The export price in Benelux stood at $X per kg in 2022, picking up by X% against the previous year. In general, the export price enjoyed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per kg), while Luxembourg ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Silver Precious Metal Non-Jewelry Articles

Imports in Benelux

In 2022, purchases abroad of non-silver precious metal non-jewelry articles decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, recorded a notable increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, non-silver precious metal non-jewelry article imports plummeted to $X in 2022. Overall, imports continue to indicate a mild downturn. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands represented the largest importer of non-silver precious metal non-jewelry articles in Benelux, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Belgium (X kg), mixing up a X% share of total imports. Luxembourg (X kg) took a little share of total imports.

Imports into the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. Luxembourg experienced a relatively flat trend pattern. Belgium (X p.p.) significantly strengthened its position in terms of the total imports, while Luxembourg and the Netherlands saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported non-silver precious metal non-jewelry articles in Benelux, comprising X% of total imports. The second position in the ranking was held by Luxembourg ($X), with a X% share of total imports.

In the Netherlands, non-silver precious metal non-jewelry article imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Luxembourg (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per kg, which is down by X% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per kg in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per kg), while Belgium ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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