Poland: Colloidal Precious Metals Market 2024

Colloidal Precious Metals Market Size in Poland

In 2022, the Polish colloidal precious metals market increased by X% to $X, rising for the third year in a row after five years of decline. Over the period under review, consumption, however, recorded a pronounced descent. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Colloidal Precious Metals Production in Poland

In value terms, colloidal precious metals production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Colloidal Precious Metals Exports

Exports from Poland

In 2022, exports of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) from Poland contracted markedly to X tons, falling by X% on the previous year. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, colloidal precious metals exports declined remarkably to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Ukraine (X tons) was the main destination for colloidal precious metals exports from Poland, accounting for a X% share of total exports. Moreover, colloidal precious metals exports to Ukraine exceeded the volume sent to the second major destination, Saudi Arabia (X kg), threefold. Russia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Russia (X% per year).

In value terms, Russia ($X) remains the key foreign market for colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) exports from Poland, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Vietnam (X% per year).

Export Prices by Country

The average colloidal precious metals export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then fell markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

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

Colloidal Precious Metals Imports

Imports into Poland

In 2022, approx. X tons of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) were imported into Poland; standing approx. at the previous year. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then fell slightly in the following year.

In value terms, colloidal precious metals imports contracted modestly to $X in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

The UK (X tons), Germany (X tons) and Ireland (X tons) were the main suppliers of colloidal precious metals imports to Poland, together accounting for X% of total imports.

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

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

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

Import Prices by Country

The average colloidal precious metals import price stood at $X per ton in 2022, remaining stable against the previous year. In general, the import price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton 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 supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) 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 prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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