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

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

The Polish market for non-silver precious metal non-jewelry articles expanded rapidly to $X in 2022, growing by X% against the previous year. Overall, consumption showed a mild increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

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

In value terms, non-silver precious metal non-jewelry article production rose notably to $X in 2022 estimated in export price. Overall, production showed a abrupt contraction. Non-silver precious metal non-jewelry article production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Non-Silver Precious Metal Non-Jewelry Articles

Exports from Poland

In 2022, overseas shipments of non-silver precious metal non-jewelry articles decreased by X% to X kg, falling for the fourth consecutive year after three years of growth. Over the period under review, exports recorded a slight setback. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-silver precious metal non-jewelry article exports contracted to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg), Slovakia (X kg) and Estonia (X kg) were the main destinations of non-silver precious metal non-jewelry article exports from Poland, together accounting for X% of total exports. The Czech Republic, Latvia, Lithuania, Spain, Canada, Hong Kong SAR, Bulgaria, China, Malta and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for 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 Poland were Slovakia ($X), Estonia ($X) and Latvia ($X), together comprising X% of total exports. Lithuania, the Czech Republic, Italy, the United States, Spain, Hong Kong SAR, Canada, Bulgaria, Malta and China lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Bulgaria, 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

The average export 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. Overall, the export price showed a slight increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per kg in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per kg), while the average price for exports to China ($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 Malta (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 Poland

In 2022, supplies from abroad of non-silver precious metal non-jewelry articles increased by X% to X kg, rising for the second year in a row after two years of decline. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X kg in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, non-silver precious metal non-jewelry article imports skyrocketed to $X in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Germany (X kg), Italy (X kg) and Bulgaria (X kg) were the main suppliers of non-silver precious metal non-jewelry article imports to Poland, together comprising X% of total imports.

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

In value terms, Germany ($X), Italy ($X) and Austria ($X) constituted the largest non-silver precious metal non-jewelry article suppliers to Poland, together comprising X% of total imports.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-silver precious metal non-jewelry articles amounted to $X per kg, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, continues to indicate a notable expansion. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per kg in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per kg), while the price for Hong Kong SAR ($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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