Price for Precious Metal-Clad Jewelry of Base Metals in Denmark - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Denmark (FOB) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Denmark (CIF) - 2022
- Exports of Precious Metal-Clad Jewelry of Base Metals in Denmark
- Imports of Precious Metal-Clad Jewelry of Base Metals in Denmark
Price for Precious Metal-Clad Jewelry of Base Metals in Denmark (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $250,530 per ton in 2022, rising by 28% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 181%. As a result, the export price reached the peak level of $650,945 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,084,780 per ton), while the average price for exports to Belgium ($73,546 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 the United States (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Precious Metal-Clad Jewelry of Base Metals in Denmark (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $293,190 per ton, declining by -29.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 92% against the previous year. As a result, import price attained the peak level of $439,017 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($683,000 per ton), while the price for Sweden ($37,781 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 (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Precious Metal-Clad Jewelry of Base Metals in Denmark
For the fourth year in a row, Denmark recorded growth in overseas shipments of base metal jewelry clad with precious metals, which increased by 53% to 15 tons in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 180% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of base metal jewelry clad with precious metals skyrocketed to $3.8M in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 152%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Precious Metal-Clad Jewelry of Base Metals in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 125 | 222 | 766 | 1,534 | 130.7% |
| Germany | 4.8 | 277 | 111 | 463 | 358.6% |
| Belgium | 0.2 | 203 | 438 | 339 | 1092.3% |
| Sweden | 0.4 | 4.4 | 46.2 | 251 | 756.1% |
| United Kingdom | 5.8 | 24.3 | 77.5 | 203 | 227.1% |
| France | 0.2 | N/A | 8.8 | 141 | 790.0% |
| Switzerland | 8.4 | 103 | 18.2 | 137 | 153.6% |
| Portugal | N/A | N/A | 0.4 | 107 | 26650.0% |
| Poland | 0.2 | 22.8 | 14.7 | 65.4 | 588.9% |
| Iceland | 21.4 | 41.6 | 1.3 | 44.5 | 27.6% |
| Greenland | 19.8 | 49.8 | 23.2 | 0.5 | -70.7% |
| Ghana | 165 | N/A | N/A | N/A | 0% |
| Others | 210 | 466 | 438 | 530 | 36.2% |
| Total | 561 | 1,414 | 1,942 | 3,816 | 89.5% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Denmark in 2022:
- Norway (5.3 tons)
- Belgium (4.6 tons)
- Portugal (1.1 tons)
- Sweden (0.7 tons)
- France (0.6 tons)
- Iceland (0.4 tons)
- Poland (0.3 tons)
- United Kingdom (0.3 tons)
- Switzerland (0.3 tons)
- Germany (0.3 tons)
Imports of Precious Metal-Clad Jewelry of Base Metals in Denmark
In 2022, purchases abroad of base metal jewelry clad with precious metals was finally on the rise to reach 4.2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt decrease.
In value terms, imports of base metal jewelry clad with precious metals surged to $1.2M in 2022. Over the period under review, imports, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 48%.
| Import of Precious Metal-Clad Jewelry of Base Metals in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 128 | 97.0 | 81.5 | 243 | 23.8% |
| Netherlands | 1.0 | 0.4 | 0.7 | 217 | 500.9% |
| Norway | 635 | 27.5 | 14.7 | 130 | -41.1% |
| United States | 181 | 52.8 | 57.8 | 121 | -12.6% |
| United Kingdom | 45.7 | 11.6 | 45.7 | 73.9 | 17.4% |
| United Arab Emirates | N/A | 237 | 440 | 72.9 | -44.5% |
| Germany | 170 | 57.9 | 67.0 | 36.1 | -40.3% |
| Sweden | 4.3 | 0.8 | 2.0 | 7.4 | 19.8% |
| Others | 561 | 115 | 177 | 336 | -15.7% |
| Total | 1,725 | 599 | 887 | 1,238 | -10.5% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Denmark in 2022:
- China (1097.0 kg)
- Netherlands (1050.0 kg)
- Norway (660.0 kg)
- United Kingdom (234.0 kg)
- United States (223.0 kg)
- Sweden (196.0 kg)
- United Arab Emirates (192.0 kg)
- Germany (87.0 kg)
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