Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia - 2023
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia (CIF) - 2023
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia (FOB) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia (CIF) - 2023
The average import price for articles of precious metal or of metal clad with precious metal stood at $395K per ton in July 2023, reducing by -25.9% against the previous month. In general, the import price showed a perceptible setback. The growth pace was the most rapid in June 2023 an increase of 117% m-o-m. Over the period under review, average import prices attained the maximum at $566K per ton in October 2022; however, from November 2022 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From October 2022 to July 2023, the rate of growth in terms of prices for Slovakia amounted to +3.7% per month.
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia (FOB) - 2022
The average export price for articles of precious metal or of metal clad with precious metal stood at $466,111 per ton in 2022, increasing by 245% against the previous year. Overall, the export price enjoyed significant growth. The growth pace was the most rapid in 2015 an increase of 817% against the previous year. Over the period under review, the average export prices attained the maximum at $1,134,928 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 the United Arab Emirates ($699,000 per ton), while the average price for exports to Serbia ($244,857 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 Slovenia (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia
In 2022, purchases abroad of articles of precious metal or of metal clad with precious metal decreased by -54.5% to 1.4 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of 76% against the previous year.
In value terms, imports of articles of precious metal or of metal clad with precious metal dropped remarkably to $5.4M in 2022. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.3 | 8.5 | 11.5 | 5.1 | 5.9% |
| Slovakia | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 4.4 | 8.7 | 11.9 | 5.4 | 7.1% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Croatia in 2022:
- Germany (1217.0 kg)
- Slovakia (172.0 kg)
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia
In 2022, shipments abroad of articles of precious metal or of metal clad with precious metal decreased by -32.5% to 27 kg, falling for the second year in a row after two years of growth. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. As a result, the exports reached the peak of 92 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of articles of precious metal or of metal clad with precious metal skyrocketed to $13K in 2022. Overall, exports showed a abrupt shrinkage.
| Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 8.3 | 0% |
| Serbia | 18.3 | 10.1 | 1.0 | 1.7 | -54.7% |
| United Arab Emirates | N/A | N/A | N/A | 1.4 | 0% |
| Bosnia and Herzegovina | 1.2 | 0.9 | 0.1 | 1.1 | -2.9% |
| Germany | 0.8 | 6.1 | N/A | N/A | 662.5% |
| Poland | N/A | N/A | 2.2 | N/A | 0% |
| Albania | N/A | N/A | 1.4 | N/A | 0% |
| Others | 0.7 | N/A | 0.7 | N/A | 0.0% |
| Total | 21.0 | 17.1 | 5.4 | 12.6 | -15.7% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Croatia in 2022:
- United States (14.0 kg)
- Serbia (7.0 kg)
- Bosnia and Herzegovina (4.0 kg)
- United Arab Emirates (2.0 kg)
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