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

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

The Italian market for non-silver precious metal non-jewelry articles expanded slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

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

In value terms, non-silver precious metal non-jewelry article production surged to $X in 2022 estimated in export price. In general, the total production indicated a noticeable expansion 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 increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Non-silver precious metal non-jewelry article production peaked in 2022 and is likely to see steady growth in the immediate term.

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Exports of Non-Silver Precious Metal Non-Jewelry Articles

Exports from Italy

In 2022, non-silver precious metal non-jewelry article exports from Italy surged to X tons, increasing by X% against 2021 figures. Overall, exports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 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. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X kg), France (X kg) and Poland (X kg) were the main destinations of non-silver precious metal non-jewelry article exports from Italy, with a combined X% share 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 Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-silver precious metal non-jewelry article exported from Italy were France ($X), Germany ($X) and Belgium ($X), together comprising X% of total exports. Poland, Spain, the Netherlands, Switzerland, the United States and the UK lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for non-silver precious metal non-jewelry articles stood at $X per kg in 2022, approximately mirroring the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price 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, non-silver precious metal non-jewelry article export price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per kg in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per kg), while the average price for exports to the United States ($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 Spain (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 Italy

In 2022, imports of non-silver precious metal non-jewelry articles into Italy skyrocketed to X kg, rising by X% on 2021 figures. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. 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 soared to $X in 2022. In general, imports, however, continue to indicate a perceptible reduction. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X kg), France (X kg) and Belgium (X kg) were the main suppliers of non-silver precious metal non-jewelry article imports to Italy, with a combined X% share of total imports. China, the United States, Switzerland, the Netherlands and the UK lagged somewhat behind, together accounting for a further X%.

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

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

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

Import Prices by Country

The average import price for non-silver precious metal non-jewelry articles stood at $X per kg in 2022, with an increase of X% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price 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, non-silver precious metal non-jewelry article import price increased by X% against 2019 indices. The import price peaked at $X per kg in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Germany ($X per kg), while the price for China ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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