Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Denmark - 2023

Contents:

1. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Denmark (CIF) - 2023
2. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Denmark (FOB) - 2022
3. Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Denmark
4. Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Denmark

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Denmark (CIF) - 2023

In October 2023, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $8,579 per ton, which is down by -69.1% against the previous month. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in March 2023 an increase of 230% m-o-m. As a result, import price reached the peak level of $104K per ton. From April 2023 to October 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($160K per ton), while the price for India amounted to $4,520 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+12.6%).

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Denmark (FOB) - 2022

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $66,219 per ton in 2022, rising by 21% against the previous year. In general, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 84% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($94,132 per ton), while the average price for exports to Faroe Islands ($20,469 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 Norway (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Denmark

In 2022, the amount of statuettes and other ornaments; of base metal plated with precious metals imported into Denmark soared to 681 tons, rising by 932% on the year before. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals soared to $5.3M in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Denmark in 2022:

1. Poland (581.6 tons)
2. China (82.8 tons)
3. India (0.6 tons)

Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Denmark

Exports of statuettes and other ornaments; of base metal plated with precious metals from Denmark fell to 55 tons in 2022, waning by -7% compared with 2021 figures. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals expanded markedly to $3.6M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Denmark in 2022:

1. Norway (13.3 tons)
2. Germany (12.8 tons)
3. Sweden (11.1 tons)
4. Finland (4.6 tons)
5. Faroe Islands (3.5 tons)
6. United Kingdom (3.0 tons)
7. United States (1.3 tons)
8. Australia (0.2 tons)

Source: IndexBox Market Intelligence Platform