Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Italy - 2023

Contents:

  1. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Italy (CIF) - 2022
  2. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Italy (FOB) - 2023
  3. Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Italy
  4. Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Italy

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Italy (CIF) - 2022

In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $237,703 per ton, increasing by 41% against the previous year. Overall, the import price, however, showed a abrupt slump. The import price peaked at $594,091 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Norway ($504,104 per ton), while the price for Hungary ($40,329 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Italy (FOB) - 2023

In August 2023, the average export price for articles of precious metal or of metal clad with precious metal amounted to $19,717 per ton, reducing by -95.5% against the previous month. In general, the export price saw a dramatic curtailment. The pace of growth appeared the most rapid in May 2023 an increase of 31% month-to-month. As a result, the export price attained the peak level of $458K per ton. From June 2023 to August 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was the United States ($134K per ton), while the average price for exports to Brazil stood at $1,879 per ton.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Italy

In 2022, after three years of growth, there was significant decline in supplies from abroad of articles of precious metal or of metal clad with precious metal, when their volume decreased by -18.5% to 183 tons. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year.

In value terms, imports of articles of precious metal or of metal clad with precious metal surged to $44M in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 73%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.911.117.919.558.5%
Germany2.810.86.08.041.9%
Norway3.34.55.24.813.3%
Spain3.93.34.63.4-4.5%
Czech Republic0.10.30.62.8203.7%
Malaysia0.10.31.02.0171.4%
Switzerland2.01.80.91.6-7.2%
Hungary0.10.20.20.226.0%
Bulgaria0.10.1N/A0.10.0%
India0.40.2N/AN/A-50.0%
Poland0.10.1N/AN/A0.0%
Others1.91.31.31.3-11.9%
Total19.734.137.843.530.2%

Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Italy in 2022:

  1. France (105.6 tons)
  2. Germany (16.6 tons)
  3. Czech Republic (13.2 tons)
  4. Spain (13.1 tons)
  5. Norway (9.5 tons)
  6. Malaysia (8.8 tons)
  7. Hungary (4.4 tons)
  8. Switzerland (3.2 tons)
  9. Bulgaria (2.8 tons)
  10. Poland (1.1 tons)

Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Italy

In 2022, approx. 73 tons of articles of precious metal or of metal clad with precious metal were exported from Italy; surging by 9.3% against the year before. Over the period under review, exports, however, saw a abrupt downturn.

In value terms, exports of articles of precious metal or of metal clad with precious metal skyrocketed to $22M in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,0026028534,16660.8%
Germany2,4523,8394,3483,39011.4%
NorwayN/A3.326.12,5422675.4%
United States2776861,0471,71283.5%
France6905906858165.7%
Czech Republic45.958.0177767155.7%
Poland16571.749053047.5%
Israel21.92.484.913884.7%
Australia3.732.384.1137233.3%
Canada21.518.341.212479.3%
Bulgaria29395.012040.2-48.4%
South AfricaN/A2.33.818.3182.1%
Mexico264N/A2.511.3-65.0%
Others4,9333,8478,8827,43614.7%
Total10,1699,84716,84521,82829.0%

Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Italy in 2022:

  1. United States (20.4 tons)
  2. Germany (12.0 tons)
  3. Norway (7.5 tons)
  4. Spain (6.4 tons)
  5. Israel (3.0 tons)
  6. Canada (2.8 tons)
  7. South Africa (1.5 tons)
  8. France (1.5 tons)
  9. Australia (1.4 tons)
  10. Poland (1.4 tons)
  11. Czech Republic (1.2 tons)
  12. Bulgaria (1.1 tons)
  13. Mexico (0.2 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Italy - Platinum Catalysts - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 303

This report provides an in-depth analysis of the platinum catalysts market in Italy.

Italy - Platinum - Market Analysis, Forecast, Size, Trends And Insights
$599
May 14, 2024
Eye 648

This report provides an in-depth analysis of the platinum market in Italy.

Italy - Vegetables (Temporarily Preserved) - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 405

This report provides an in-depth analysis of the temporarily preserved vegetable market in Italy.

Italy - Motorcycles and Scooters - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 399

This report provides an in-depth analysis of the motorcycle and scooter market in Italy.

World - Platinum Catalysts - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 543

This report provides an in-depth analysis of the global platinum catalysts market.

World - Platinum - Market Analysis, Forecast, Size, Trends And Insights
$599
May 14, 2024
Eye 1041

This report provides an in-depth analysis of the global platinum market.

World - Vegetables (Temporarily Preserved) - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 562

Global Temporarily Preserved Vegetable Market Report 2019. This report provides an in-depth analysis of the global temporarily preserved vegetable market.

World - Motorcycles and Scooters - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 423

This report provides an in-depth analysis of the global motorcycle and scooter market.

Italy - Platinum Catalysts - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 303

This report provides an in-depth analysis of the platinum catalysts market in Italy.

World - Platinum Catalysts - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 543

This report provides an in-depth analysis of the global platinum catalysts market.

The U.S. Climbed Past Switzerland in Platinum Exports to Italy
Aug 2, 2015
Eye 1155

In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in

Best Import Markets for Platinum
Jan 31, 2024
Eye 171

Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.

Which Country Imports the Most Platinum in the World?
May 28, 2018
Eye 2891

In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...

Which Country Exports the Most Platinum in the World?
May 28, 2018
Eye 1574

In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...

Platinum Market - Austria's Platinum Imports into Italy Soar
Oct 6, 2015
Eye 2031

In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in

China Remains the Global Leader in Exports of Temporarily Preserved Vegetable
Sep 16, 2015
Eye 1818

China continues to lead the way in the global temporarily preserved vegetable trade. In 2014, China exported X thousand tons of temporarily preserved vegetables totaling X million USD, X% under the previous year. Its primary trading partner was J

Largest Markets for Motorcycles and Scooters
Nov 6, 2023
Eye 322

In recent years, the global demand for motorcycles and scooters has been steadily increasing. These vehicles offer an affordable and convenient mode of transportation, making them popular in both developed and developing countries. In this article, we will explore the top import markets for motorcycles and scooters and provide key statistics.

Free Data: Articles of precious metal or of metal clad with precious metal - Italy