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

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

The Danish market for non-silver precious metal non-jewelry articles declined modestly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped modestly in the following year.

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

In value terms, non-silver precious metal non-jewelry article production rose slightly to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Non-Silver Precious Metal Non-Jewelry Articles

Exports from Denmark

In 2022, the amount of non-silver precious metal non-jewelry articles exported from Denmark soared to X tons, rising by X% against 2021. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, non-silver precious metal non-jewelry article exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X kg), Sweden (X kg) and Hong Kong SAR (X kg) were the main destinations of non-silver precious metal non-jewelry article exports from Denmark, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for non-silver precious metal non-jewelry article exported from Denmark were the United Arab Emirates ($X), Sweden ($X) and Norway ($X), together accounting for X% of total exports.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for non-silver precious metal non-jewelry articles amounted to $X per kg, picking up by X% against the previous year. Over the period under review, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per kg), while the average price for exports to Hong Kong SAR ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Silver Precious Metal Non-Jewelry Articles

Imports into Denmark

In 2022, supplies from abroad of non-silver precious metal non-jewelry articles decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-silver precious metal non-jewelry article imports declined sharply to $X in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced notably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of non-silver precious metal non-jewelry article to Denmark, with a X% share of total imports. Moreover, non-silver precious metal non-jewelry article imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Turkey (X kg), more than tenfold. Italy (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of non-silver precious metal non-jewelry articles to Denmark, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average import price for non-silver precious metal non-jewelry articles amounted to $X per kg, waning by X% against the previous year. In general, the import price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per kg. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Turkey ($X per kg), while the price for Italy ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :