EU: Colloidal Precious Metals Market 2024

Colloidal Precious Metals Market Size in the EU

The EU colloidal precious metals market rose notably to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Colloidal Precious Metals Production in the EU

In value terms, colloidal precious metals production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Colloidal Precious Metals Exports

Exports in the EU

In 2022, the amount of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) exported in the European Union soared to X tons, surging by X% compared with 2021. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, colloidal precious metals exports dropped slightly to $X in 2022. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Ireland (X tons) and Belgium (X tons) represented roughly X% of total exports in 2022. Germany (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%). Italy (X tons), France (X tons) and Spain (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest colloidal precious metals supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Ireland ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled X%. In the other countries, the average annual rates were as follows: Ireland (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per kg, which is down by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per kg in 2021, and then fell notably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per kg), while Belgium ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced mixed trends in the export price figures.

Colloidal Precious Metals Imports

Imports in the EU

In 2022, purchases abroad of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) increased by X% to X tons, rising for the fourth year in a row after two years of decline. Overall, imports posted buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, colloidal precious metals imports rose rapidly to $X in 2022. Over the period under review, imports, however, recorded a mild downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) and the Netherlands (X tons) represented the main importers of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) in the European Union, together resulting at approx. X% of total imports. Belgium (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%), Poland (X%), Germany (X%) and Spain (X%).

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

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Poland, Italy, Spain and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per kg in 2022, with a decrease of X% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per kg in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per kg), while Belgium ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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