Report Update Nov 1, 2024

Czech Republic - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Czech Republic: Market for Precious Metal Ores And Concentrates 2024

Market Size for Precious Metal Ores And Concentrates in the Czech Republic

The Czech market for precious metal ores and concentrates expanded rapidly to $X in 2022, surging by 5.9% against the previous year. Over the period under review, consumption showed resilient growth. Precious metal ore and concentrate consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Precious Metal Ores And Concentrates in the Czech Republic

In value terms, precious metal ore and concentrate production rose remarkably to $X in 2022 estimated in export price. In general, production posted a buoyant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 159%. Precious metal ore and concentrate production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Precious Metal Ores And Concentrates

Exports from the Czech Republic

In 2019, the amount of precious metal ores and concentrates exported from the Czech Republic declined remarkably to X kg, waning by -82.8% against the year before. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 58,059%. As a result, the exports reached the peak of X tons. From 2017 to 2019, the growth of the exports remained at a lower figure.

In value terms, precious metal ore and concentrate exports declined markedly to $X in 2019. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 57,458% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

Slovakia (X kg) was the main destination for precious metal ore and concentrate exports from the Czech Republic, with a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Slovakia totaled +30.2%.

In value terms, Slovakia ($X) also remains the key foreign market for precious metal ores and concentrates exports from the Czech Republic.

From 2012 to 2019, the average annual rate of growth in terms of value to Slovakia stood at +28.7%.

Export Prices by Country

The average export price for precious metal ores and concentrates stood at $X per ton in 2019, standing approx. at the previous year. In general, the export price, however, continues to indicate a mild downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Slovakia.

From 2012 to 2019, the rate of growth in terms of prices for Slovakia amounted to -1.1% per year.

Imports of Precious Metal Ores And Concentrates

Imports into the Czech Republic

Precious metal ore and concentrate imports into the Czech Republic declined remarkably to X kg in 2022, which is down by -27.3% on 2021. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 151,183% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, precious metal ore and concentrate imports rose modestly to $X in 2022. Overall, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 153,396%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Spain (X kg), India (X kg) and the UK (X kg) were the main suppliers of precious metal ore and concentrate imports to the Czech Republic. Moreover, precious metal ore and concentrate imports in Spain exceeded the figures recorded by the second-largest supplier, India, twofold.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of 0.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X), India ($X) and the UK ($X) constituted the largest precious metal ore and concentrate suppliers to the Czech Republic.

Among the main suppliers, the UK, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for precious metal ores and concentrates amounted to $X per ton, jumping by 40% against the previous year. In general, the import price, however, continues to indicate a perceptible setback. The growth pace was the most rapid in 2014 when the average import price increased by 175% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for precious metal ores and concentrates in the world?

China remains the largest precious metal ore and concentrate consuming country worldwide, comprising approx. 39% of total volume. Moreover, precious metal ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Russia, sevenfold. The third position in this ranking was occupied by Peru, with a 5.4% share.

What are the largest producers of precious metal ores and concentrates in the world?

The countries with the highest volumes of in 2021 were Australia, Peru and Russia, together accounting for 37% of global production. Ecuador, Greece, Indonesia, Turkey, Mexico, Brazil, South Africa, Argentina, Chile and Tanzania lagged somewhat behind, together accounting for a further 34%.

What are the leading suppliers of precious metal ores and concentrates to the Czech Republic?

In value terms, the largest precious metal ore and concentrate suppliers to the Czech Republic were Australia and the United States.

What are the leading importers of precious metal ores and concentrates from the Czech Republic?

In value terms, Germany remains the key foreign market for precious metal ore and concentrate exports from the Czech Republic, comprising 73% of total exports. The second position in the ranking was occupied by Slovakia, with a 26% share of total exports.

What is the average export price for precious metal ores and concentrates in the Czech Republic?

The average export price for precious metal ores and concentrates stood at $16,726 per ton in 2019, standing approx. at the previous year.

What is the average import price for precious metal ores and concentrates in the Czech Republic?

The average import price for precious metal ores and concentrates stood at $77,426 per ton in 2021, reducing by -58.2% against the previous year.

This report provides an in-depth analysis of the market for precious metal ore and concentrate in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291400 - Precious metal ores and concentrates

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023