Czech Republic: Colloidal Precious Metals Market 2024

Colloidal Precious Metals Market Size in the Czech Republic

The Czech colloidal precious metals market skyrocketed to $X in 2022, surging by X% against the previous year. Over the period under review, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Colloidal Precious Metals Production in the Czech Republic

In value terms, colloidal precious metals production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Colloidal precious metals production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Colloidal Precious Metals Exports

Exports from the Czech Republic

In 2022, colloidal precious metals exports from the Czech Republic surged to X tons, increasing by X% on 2021. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, colloidal precious metals exports dropped dramatically to $X in 2022. Over the period under review, exports showed a tangible expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted dramatically in the following year.

Exports by Country

Germany (X tons) was the main destination for colloidal precious metals exports from the Czech Republic, with a X% share of total exports. Moreover, colloidal precious metals exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), fourfold. Iran (X kg) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Iran (X% per year).

In value terms, Iran ($X) remains the key foreign market for colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Iran amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Spain (X% per year).

Export Prices by Country

The average colloidal precious metals export price stood at $X per kg in 2022, declining by X% against the previous year. Over the period under review, the export price saw a deep setback. The pace of growth was the most pronounced in 2017 an increase of X%. The export price peaked at $X per kg in 2012; however, from 2013 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 Ukraine ($X per kg), while the average price for exports to Germany ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Colloidal Precious Metals Imports

Imports into the Czech Republic

In 2022, imports of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) into the Czech Republic shrank sharply to X tons, falling by X% against the previous year's figure. Overall, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, colloidal precious metals imports skyrocketed to $X in 2022. Over the period under review, imports, however, enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Ireland (X tons) and Italy (X tons) were the main suppliers of colloidal precious metals imports to the Czech Republic, together accounting for X% of total imports. Slovakia and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) constituted the largest supplier of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Ireland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average colloidal precious metals import price amounted to $X per kg, growing by X% against the previous year. In general, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Ireland ($X per kg), while the price for Slovakia ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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