Greece: Market for Silver Goldsmiths Non-Jewelry Articles 2024

Market Size for Silver Goldsmiths Non-Jewelry Articles in Greece

The Greek silver goldsmiths non-jewelry article market reduced slightly to $X in 2022, stabilizing at the previous year. In general, consumption, however, recorded a buoyant expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Silver Goldsmiths Non-Jewelry Articles in Greece

In value terms, silver goldsmiths non-jewelry article production expanded modestly to $X in 2022 estimated in export price. In general, production showed a slight downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Silver goldsmiths non-jewelry article production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Silver Goldsmiths Non-Jewelry Articles

Exports from Greece

In 2022, shipments abroad of silver goldsmiths non-jewelry articles increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a sharp setback. The pace of growth was the most pronounced in 2021 when exports increased by 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, silver goldsmiths non-jewelry article exports soared to $X in 2022. Overall, exports, however, showed a deep slump. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X kg), Romania (X kg) and Cyprus (X kg) were the main destinations of silver goldsmiths non-jewelry article exports from Greece, with a combined X% share of total exports. The United States, Italy, Denmark, the Netherlands, Russia and Israel lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X), Romania ($X) and Cyprus ($X) appeared to be the largest markets for silver goldsmiths non-jewelry article exported from Greece worldwide, with a combined X% share of total exports. Italy, Ukraine, Denmark, the Netherlands, Russia and Israel lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest growth rate of 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 silver goldsmiths non-jewelry article export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price showed resilient growth. The pace of growth appeared the most rapid in 2019 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

Imports of Silver Goldsmiths Non-Jewelry Articles

Imports into Greece

After five years of decline, purchases abroad of silver goldsmiths non-jewelry articles increased by X% to X tons in 2022. In general, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, silver goldsmiths non-jewelry article imports soared to $X in 2022. Overall, imports, however, saw a slight decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X kg), France (X kg) and Germany (X kg) were the main suppliers of silver goldsmiths non-jewelry article imports to Greece, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of silver goldsmiths non-jewelry articles to Greece, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

The average silver goldsmiths non-jewelry article import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then contracted modestly in the following year.

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 Italy ($X per ton), while the price for Denmark ($X per ton) 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

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