Report Italy - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 3, 2023

Italy - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Italy: Market for Precious Metal Ores And Concentrates 2023

Market Size for Precious Metal Ores And Concentrates in Italy

In 2021, after three years of growth, there was significant decline in the Italian market for precious metal ores and concentrates, when its value decreased by -7.4% to $X. Over the period under review, consumption posted significant growth. Over the period under review, the market attained the maximum level at $X in 2020, and then declined in the following year.

Production of Precious Metal Ores And Concentrates in Italy

In value terms, precious metal ore and concentrate production reduced to $X in 2021 estimated in export price. Overall, production saw significant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 90%. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Exports of Precious Metal Ores And Concentrates

Exports from Italy

In 2021, exports of precious metal ores and concentrates from Italy reduced notably to X kg, with a decrease of -71.1% compared with 2020 figures. Overall, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 2,842% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, precious metal ore and concentrate exports dropped significantly to $X in 2021. Over the period under review, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2015 with an increase of 1,457%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X kg) was the main destination for precious metal ore and concentrate exports from Italy, with a 71% share of total exports. Moreover, precious metal ore and concentrate exports to Romania exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), fivefold. Croatia (X kg) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Romania totaled -49.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-23.7% per year) and Croatia (+10.8% per year).

In value terms, Romania ($X) emerged as the key foreign market for precious metal ore and concentrate exports from Italy, comprising 60% of total exports. The second position in the ranking was taken by South Korea ($X), with a 16% share of total exports. It was followed by Croatia, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Romania amounted to -45.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-19.9% per year) and Croatia (+99.0% per year).

Export Prices by Country

The average export price for precious metal ores and concentrates stood at $X per ton in 2021, with a decrease of -50.7% against the previous year. Overall, the export price, however, recorded a significant increase. The growth pace was the most rapid in 2014 when the average export price increased by 715% against the previous year. The export price peaked at $X per ton in 2020, and then declined remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Precious Metal Ores And Concentrates

Imports into Italy

For the third consecutive year, Italy recorded growth in purchases abroad of precious metal ores and concentrates, which increased by 419% to X tons in 2021. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2019 when imports increased by 855% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, precious metal ore and concentrate imports surged to $X in 2021. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 1,812% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Spain (X tons) was the main supplier of precious metal ore and concentrate to Italy, with a 97% share of total imports. It was followed by Germany (X tons), with a 1.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +495.4%.

In value terms, Spain ($X) constituted the largest supplier of precious metal ore and concentrate to Italy, comprising 98% of total imports. The second position in the ranking was held by Germany ($X), with a 1.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +417.5%.

Import Prices by Country

In 2021, the average import price for precious metal ores and concentrates amounted to $X per ton, waning by -26.4% against the previous year. Overall, the import price, however, posted notable growth. The pace of growth appeared the most rapid in 2016 an increase of 140%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malta (+49.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for precious metal ores and concentrates in the world?
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China remains the largest precious metal ore and concentrate consuming country worldwide, comprising approx. 30% of total volume. Moreover, precious metal ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sevenfold. Kyrgyzstan ranked third in terms of total consumption with a 4.3% share.
What are the largest producers of precious metal ores and concentrates in the world?
+
The countries with the highest volumes of production in 2021 were Kyrgyzstan, Peru and Australia, together comprising 20% of global production. These countries were followed by Russia, the United States, Brazil, India, Indonesia, Pakistan, Mexico, Bangladesh, Ecuador and Turkey, which together accounted for a further 37%.
What are the leading suppliers of precious metal ores and concentrates to Italy?
+
In value terms, Spain constituted the largest supplier of precious metal ore and concentrate to Italy, comprising 98% of total imports. The second position in the ranking was held by Germany, with a 1.7% share of total imports.
What are the leading importers of precious metal ores and concentrates from Italy?
+
In value terms, Romania emerged as the key foreign market for precious metal ore and concentrate exports from Italy, comprising 60% of total exports. The second position in the ranking was taken by South Korea, with a 16% share of total exports. It was followed by Croatia, with a 12% share.
What is the average export price for precious metal ores and concentrates in Italy?
+
In 2021, the average export price for precious metal ores and concentrates amounted to $35,037 per ton, shrinking by -50.7% against the previous year.
What is the average import price for precious metal ores and concentrates in Italy?
+
The average import price for precious metal ores and concentrates stood at $26,170 per ton in 2021, reducing by -26.4% against the previous year.

This report provides an in-depth analysis of the market for precious metal ore and concentrate in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 07291400 - Precious metal ores and concentrates
Country coverage:
• Italy

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Italy
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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