Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey - 2024
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey (CIF) - 2022
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey (FOB) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey (CIF) - 2022
In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $721,274 per ton, dropping by -26.9% against the previous year. Over the period under review, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 184%. Over the period under review, average import prices reached the maximum at $2,886,222 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,567,453 per ton), while the price for France ($136,700 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey (FOB) - 2022
In 2022, the average export price for articles of precious metal or of metal clad with precious metal amounted to $251,577 per ton, surging by 32% against the previous year. Overall, the export price continues to indicate slight growth. The growth pace was the most rapid in 2017 an increase of 69%. Over the period under review, the average export prices hit record highs at $802,135 per ton in 2020; however, from 2021 to 2022, the 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 Angola ($13,998,500 per ton), while the average price for exports to Chile ($27,319 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 Angola (+793.8%), 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 Turkey
In 2022, approx. 17 tons of articles of precious metal or of metal clad with precious metal were imported into Turkey; growing by 3.4% against the year before. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 111% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of articles of precious metal or of metal clad with precious metal reduced markedly to $12M in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 164%.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.7 | 4.5 | 13.8 | 9.7 | 53.2% |
| United States | 0.3 | 0.4 | 1.7 | 1.9 | 85.0% |
| Italy | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| United Kingdom | 0.3 | 5.1 | 0.1 | N/A | -42.3% |
| Others | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
| Total | 3.9 | 10.2 | 15.9 | 12.0 | 45.4% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Turkey in 2022:
- Germany (15.0 tons)
- United States (0.7 tons)
- Italy (0.1 tons)
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey
In 2022, exports of articles of precious metal or of metal clad with precious metal from Turkey contracted sharply to 2.4 tons, with a decrease of -91.4% against the previous year. Overall, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 199%.
In value terms, exports of articles of precious metal or of metal clad with precious metal declined rapidly to $614K in 2022. In general, exports saw a precipitous setback. The smallest decline of -28.9% was in 2021.
| Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.3 | 101 | 302 | 287 | 171.8% |
| Israel | 152 | 237 | 7.9 | 91.0 | -15.7% |
| Germany | 28.6 | 0.1 | 4,771 | 43.3 | 14.8% |
| United Kingdom | 16,311 | 7,056 | 18.1 | 22.7 | -88.8% |
| France | N/A | 89.3 | 18.3 | 19.2 | -53.6% |
| China | N/A | 2.6 | 1.2 | 17.5 | 159.4% |
| Greece | N/A | 0.2 | 1.2 | 6.1 | 452.3% |
| Netherlands | N/A | N/A | 29.5 | 5.5 | -81.4% |
| Italy | N/A | N/A | 0.4 | 4.8 | 1100.0% |
| Chile | N/A | N/A | N/A | 3.9 | 0% |
| Mexico | N/A | N/A | N/A | 3.0 | 0% |
| Others | 37.5 | 102 | 245 | 110 | 43.1% |
| Total | 16,543 | 7,588 | 5,395 | 614 | -66.6% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Turkey in 2022:
- United States (956.0 kg)
- Germany (409.0 kg)
- Israel (355.0 kg)
- Chile (141.0 kg)
- France (108.0 kg)
- Greece (80.0 kg)
- Netherlands (69.0 kg)
- China (45.0 kg)
- Italy (44.0 kg)
- Mexico (42.0 kg)
- United Kingdom (31.0 kg)
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