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

Contents:

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

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

The average import price for articles of precious metal or of metal clad with precious metal stood at $1,517,513 per ton in 2022, shrinking by -25% against the previous year. In general, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 184% against the previous year. As a result, import price reached the peak level of $2,024 per kg, and then fell remarkably in the following year.

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 Germany ($6,566,500 per ton), while the price for the Netherlands ($91,180 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Sweden (FOB) - 2022

In 2022, the average export price for articles of precious metal or of metal clad with precious metal amounted to $723,666 per ton, with a decrease of -10.1% against the previous year. Overall, the export price, however, posted a notable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 127% against the previous year. The export price peaked at $1,010,664 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,553,620 per ton), while the average price for exports to the Czech Republic ($1,618 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 Germany (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of articles of precious metal or of metal clad with precious metal, when their volume increased by 17% to 5 tons. Over the period under review, imports, however, continue to indicate a deep contraction.

In value terms, imports of articles of precious metal or of metal clad with precious metal fell to $7.7M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 108% against the previous year. As a result, imports reached the peak of $8.8M, and then declined in the following year.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2,7832,8057,7266,22030.7%
Japan3.43.18.4320354.9%
United States347172236317-3.0%
France22.0561153187104.1%
Austria335423250151-23.3%
India8.50.19.2101128.2%
Germany39532.810491.9-38.5%
Israel0.51.03.421.1248.2%
Netherlands16.016.818.218.24.4%
Others10818925023529.6%
Total4,0184,2058,7587,66224.0%

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

  1. Norway (2264.0 kg)
  2. France (938.0 kg)
  3. Austria (696.0 kg)
  4. India (245.0 kg)
  5. Japan (245.0 kg)
  6. Netherlands (200.0 kg)
  7. Israel (136.0 kg)
  8. United States (29.0 kg)
  9. Germany (14.0 kg)

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

In 2022, the amount of articles of precious metal or of metal clad with precious metal exported from Sweden surged to 8.7 tons, increasing by 127% compared with the previous year. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of articles of precious metal or of metal clad with precious metal soared to $6.3M in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 125%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2,1785,0422,5694,25325.0%
Germany0.537.3N/A1,6911401.0%
BulgariaN/AN/A58.010682.8%
Poland9.74.01.990.0110.1%
Finland15.346.112021.612.2%
Denmark26036070.79.8-66.5%
Czech RepublicN/AN/AN/A2.90%
Japan48.228.916.40.5-78.2%
Others61.828125013228.8%
Total2,5735,7993,0876,30734.8%

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

  1. Norway (5068.0 kg)
  2. Czech Republic (1822.0 kg)
  3. Germany (1173.0 kg)
  4. Bulgaria (214.0 kg)
  5. Poland (183.0 kg)
  6. Finland (54.0 kg)
  7. Denmark (15.0 kg)
  8. Japan (2.0 kg)

Source: IndexBox Market Intelligence Platform

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