Eastern Europe: Market for Non-Silver Precious Metal Non-Jewelry Articles 2024

Market Size for Non-Silver Precious Metal Non-Jewelry Articles in Eastern Europe

In 2022, the East European market for non-silver precious metal non-jewelry articles increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, continues to indicate a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Non-Silver Precious Metal Non-Jewelry Articles in Eastern Europe

In value terms, non-silver precious metal non-jewelry article production skyrocketed to $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Non-Silver Precious Metal Non-Jewelry Articles

Exports in Eastern Europe

In 2022, shipments abroad of non-silver precious metal non-jewelry articles decreased by X% to X kg, falling for the fourth year in a row after four years of growth. Over the period under review, exports saw a noticeable descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, non-silver precious metal non-jewelry article exports amounted to $X in 2022. In general, exports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the Czech Republic (X kg) and Slovakia (X kg) represented the major exporters of non-silver precious metal non-jewelry articles in Eastern Europe, together mixing up X% of total exports. It was distantly followed by Poland (X kg), constituting a X% share of total exports. The following exporters - Belarus (X kg) and Bulgaria (X kg) - each finished at a X% share of total exports.

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

In value terms, the Czech Republic ($X) remains the largest non-silver precious metal non-jewelry article supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per kg, rising by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per kg. From 2018 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bulgaria ($X per kg), while Belarus ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Silver Precious Metal Non-Jewelry Articles

Imports in Eastern Europe

In 2022, overseas purchases of non-silver precious metal non-jewelry articles increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, imports showed a slight increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, non-silver precious metal non-jewelry article imports soared to $X in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland was the major importer of non-silver precious metal non-jewelry articles in Eastern Europe, with the volume of imports recording X kg, which was near X% of total imports in 2022. The Czech Republic (X kg) ranks second in terms of the total imports with a X% share, followed by Slovakia (X%), Russia (X%) and Romania (X%). Hungary (X kg) and Moldova (X kg) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported non-silver precious metal non-jewelry articles in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Romania (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per kg in 2022, rising by X% against the previous year. Overall, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per kg), while Moldova ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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