Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in China - 2023

Contents:

1. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in China (FOB) - 2022
2. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in China (CIF) - 2022
3. Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in China
4. Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in China

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in China (FOB) - 2022

In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $40,961 per ton, increasing by 9.7% against the previous year. Overall, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2014 an increase of 91% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($76,895 per ton), while the average price for exports to Nigeria ($3,848 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 Germany (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in China (CIF) - 2022

In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $127,769 per ton, waning by -19.5% against the previous year. In general, the import price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 241% against the previous year. As a result, import price reached the peak level of $239,946 per ton. From 2014 to 2022, the average import prices remained 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 Russia ($1,116,650 per ton), while the price for India ($8,804 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in China

In 2022, approx. 324 tons of statuettes and other ornaments; of base metal plated with precious metals were exported from China; growing by 5.1% against the previous year's figure. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 62%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals skyrocketed to $13M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 101%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from China in 2022:

1. United States (85.0 tons)
2. Germany (51.6 tons)
3. Indonesia (29.5 tons)
4. Hong Kong SAR (26.8 tons)
5. Russia (25.1 tons)
6. Japan (14.2 tons)
7. Canada (12.4 tons)
8. France (12.4 tons)
9. Nigeria (9.1 tons)
10. United Kingdom (7.8 tons)
11. Singapore (6.4 tons)
12. United Arab Emirates (0.1 tons)

Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in China

In 2022, after three years of growth, there was significant decline in purchases abroad of statuettes and other ornaments; of base metal plated with precious metals, when their volume decreased by -28.2% to 15 tons. Overall, imports showed a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports attained the peak of 21 tons, and then shrank markedly in the following year.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals fell dramatically to $2M in 2022. In general, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year.

Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to China in 2022:

1. India (6.4 tons)
2. Italy (1.2 tons)
3. United States (1.1 tons)
4. Germany (1.0 tons)
5. Malaysia (0.8 tons)
6. Russia (0.7 tons)
7. United Kingdom (0.6 tons)
8. Mexico (0.5 tons)
9. France (0.5 tons)
10. Serbia (0.4 tons)
11. Japan (0.4 tons)
12. Brazil (0.3 tons)
13. Portugal (0.3 tons)

Source: IndexBox Market Intelligence Platform