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

Contents:

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

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

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $21,940 per ton in 2022, shrinking by -45% against the previous year. Over the period under review, the export price, however, enjoyed a measured increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 91%. The export price peaked at $39,927 per ton in 2021, and then contracted significantly in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($26,731 per ton), while the average price for exports to Belgium stood at $21,021 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+116.0%), 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 Pakistan (CIF) - 2022

In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $1,711 per ton, dropping by -41.1% against the previous year. In general, the import price saw a noticeable descent. The growth pace was the most rapid in 2016 when the average import price increased by 132% against the previous year. As a result, import price attained the peak level of $6,419 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +53.9% per year.

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

In 2022, the amount of statuettes and other ornaments; of base metal plated with precious metals exported from Pakistan surged to 739 kg, rising by 287% compared with the year before. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals surged to $16K in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A0.10.213.01040.2%
United Kingdom0.60.60.43.274.7%
Spain1.00.30.1N/A-68.4%
Norway1.11.31.2N/A4.4%
Colombia0.60.80.7N/A8.0%
Oman0.10.1N/AN/A0.0%
Italy2.13.13.2N/A23.4%
United States0.80.80.5N/A-20.9%
Bahrain0.10.1N/AN/A0.0%
Others0.41.01.2N/A73.2%
Total6.88.27.616.233.6%

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

  1. Belgium (620.0 kg)
  2. United Kingdom (119.0 kg)

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

In 2022, the amount of statuettes and other ornaments; of base metal plated with precious metals imported into Pakistan dropped remarkably to 467 kg, with a decrease of -68% against 2021 figures. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 894%. As a result, imports reached the peak of 1.5 tons, and then declined notably in the following year.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals contracted rapidly to $799 in 2022. In general, imports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 351%. As a result, imports reached the peak of $4.2K, and then declined significantly in the following year.

Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.10.42.40.8-27.5%
Thailand0.90.51.7N/A37.4%
Others0.20.10.2N/A0.0%
Total3.20.94.20.8-37.0%

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

  1. China (467.0 kg)

Source: IndexBox Market Intelligence Platform

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