Portugal: Market for Silver Goldsmiths Non-Jewelry Articles 2024

Market Size for Silver Goldsmiths Non-Jewelry Articles in Portugal

In 2022, the Portuguese silver goldsmiths non-jewelry article market increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, saw a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Silver Goldsmiths Non-Jewelry Articles in Portugal

In value terms, silver goldsmiths non-jewelry article production soared to $X in 2022 estimated in export price. In general, production saw a abrupt decline. Silver goldsmiths non-jewelry article production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Silver Goldsmiths Non-Jewelry Articles

Exports from Portugal

In 2022, overseas shipments of silver goldsmiths non-jewelry articles increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, silver goldsmiths non-jewelry article exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons), the United States (X kg) and the UK (X kg) were the main destinations of silver goldsmiths non-jewelry article exports from Portugal, 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 the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

In terms of the main countries of destination, Morocco, with a CAGR of X%, saw the highest rates of growth with regard to 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, increasing by X% against the previous year. In general, the export price, however, saw a perceptible decline. The growth pace was the most rapid in 2018 an increase of X%. The export price peaked at $X,894 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X,509 per ton), while the average price for exports to Morocco ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silver Goldsmiths Non-Jewelry Articles

Imports into Portugal

In 2022, approx. X tons of silver goldsmiths non-jewelry articles were imported into Portugal; rising by X% against 2021 figures. Over the period under review, imports, however, continue to indicate a pronounced downturn. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, silver goldsmiths non-jewelry article imports surged to $X in 2022. Overall, imports, however, recorded a pronounced curtailment. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of silver goldsmiths non-jewelry article to Portugal, accounting for a X% share of total imports. Moreover, silver goldsmiths non-jewelry article imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X kg), fivefold. The third position in this ranking was held by the UK (X kg), with a X% share.

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

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

From 2012 to 2022, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average silver goldsmiths non-jewelry article import price amounted to $X,481 per ton, shrinking by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X,495 per ton, and then fell dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X,600 per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :