Denmark: Colloidal Precious Metals Market 2024

Colloidal Precious Metals Market Size in Denmark

In 2022, the Danish colloidal precious metals market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Colloidal Precious Metals Production in Denmark

In value terms, colloidal precious metals production rose modestly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Colloidal Precious Metals Exports

Exports from Denmark

For the third consecutive year, Denmark recorded decline in overseas shipments of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate), which decreased by X% to X kg in 2022. Over the period under review, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, colloidal precious metals exports skyrocketed to $X in 2022. Overall, exports saw a precipitous setback. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X kg) was the main destination for colloidal precious metals exports from Denmark, accounting for a X% share of total exports. Moreover, colloidal precious metals exports to Germany exceeded the volume sent to the second major destination, Norway (X kg), twofold. The third position in this ranking was taken by the UK (X kg), with a X% share.

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

In value terms, the largest markets for colloidal precious metals exported from Denmark were Germany ($X), Norway ($X) and the UK ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average colloidal precious metals export price stood at $X per kg in 2022, increasing by X% against the previous year. Over the period under review, the export price continues to indicate tangible growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per kg. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per kg), while the average price for exports to Germany ($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 Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Colloidal Precious Metals Imports

Imports into Denmark

In 2022, imports of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) into Denmark soared to X tons, growing by X% against 2021 figures. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, colloidal precious metals imports soared to $X in 2022. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of colloidal precious metals to Denmark, accounting for a X% share of total imports. Moreover, colloidal precious metals imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

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

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

Import Prices by Country

The average colloidal precious metals import price stood at $X per kg in 2022, shrinking by X% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per kg in 2012; however, from 2013 to 2022, import prices remained at a 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 the UK ($X per kg), while the price for France ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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