Denmark: Market for Precious Metal-Clad Goldsmiths Articles of Base Metals 2024

Market Size for Precious Metal-Clad Goldsmiths Articles of Base Metals in Denmark

The Danish market for precious metal-clad goldsmiths articles of base metals skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption posted a modest increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Precious Metal-Clad Goldsmiths Articles of Base Metals in Denmark

In value terms, production of precious metal-clad goldsmiths articles of base metals amounted to less than $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern.

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Exports of Precious Metal-Clad Goldsmiths Articles of Base Metals

Exports from Denmark

After two years of growth, shipments abroad of precious metal-clad goldsmiths articles of base metals decreased by X% to X tons in 2022. Overall, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of precious metal-clad goldsmiths articles of base metals dropped rapidly to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X kg), Finland (X kg) and Japan (X kg) were the main destinations of exports of precious metal-clad goldsmiths articles of base metals from Denmark, with a combined X% share of total exports. The Netherlands, Switzerland, Taiwan (Chinese), Sweden, Germany, France, Faroe Islands, Iceland and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for precious metal-clad goldsmiths articles of base metals exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the average export price for precious metal-clad goldsmiths articles of base metals amounted to $X per ton, growing by X% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X,000 per ton), while the average price for exports to the Netherlands ($X 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 Iceland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Precious Metal-Clad Goldsmiths Articles of Base Metals

Imports into Denmark

In 2022, approx. X tons of precious metal-clad goldsmiths articles of base metals were imported into Denmark; rising by X% compared with the previous year's figure. Overall, imports saw a slight expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of precious metal-clad goldsmiths articles of base metals soared to $X in 2022. In general, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Finland (X tons) were the main suppliers of imports of precious metal-clad goldsmiths articles of base metals to Denmark, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of precious metal-clad goldsmiths articles of base metals to Denmark, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

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

Import Prices by Country

In 2022, the average import price for precious metal-clad goldsmiths articles of base metals amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price posted a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Estonia ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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