France: Market for Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver 2024

Market Size for Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver in France

After two years of growth, the French market for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver decreased by -34% to $X in 2022. In general, consumption showed a abrupt contraction. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver in France

In value terms, production of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 44% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver

Exports from France

In 2022, exports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver from France stood at X tons, increasing by 3.9% compared with the year before. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 213% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver contracted dramatically to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 703%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Spain (X kg) was the main destination for exports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver from France, accounting for a 41% share of total exports. Moreover, exports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver to Spain exceeded the volume sent to the second major destination, Italy (X kg), twofold. The third position in this ranking was held by Germany (X kg), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled +143.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+72.9% per year) and Germany (+64.8% per year).

In value terms, the largest markets for non-silver precious metal goldsmiths ware articles exported from France were Italy ($X), Luxembourg ($X) and Switzerland ($X), together accounting for 54% of total exports.

Among the main countries of destination, Luxembourg, with a CAGR of +508.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver stood at $X per kg in 2022, dropping by -18.5% against the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 156%. As a result, the export price attained the peak level of $X per kg. From 2019 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 Switzerland ($X per kg), while the average price for exports to Singapore ($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 Luxembourg (+185.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver

Imports into France

In 2022, the amount of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver imported into France shrank sharply to X tons, falling by -36% compared with 2021. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by 163% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver reduced markedly to $X in 2022. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 143%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the United States (X tons) and the UK (X kg) were the main suppliers of imports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver to France, with a combined 71% share of total imports. Mexico, China, Switzerland, India, Italy and Vietnam lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +85.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and the UK ($X) appeared to be the largest non-silver precious metal goldsmiths ware articles suppliers to France, with a combined 83% share of total imports. The United States, India, Mexico, Italy, China and Vietnam lagged somewhat behind, together comprising a further 12%.

In terms of the main suppliers, China, with a CAGR of +46.9%, recorded the highest growth rate of 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

In 2022, the average import price for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver amounted to $X per ton, waning by -24% against the previous year. Over the period under review, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 86%. 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 remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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