Price for Ivory and Articles Thereof; Worked in the United States - 2023

Contents:

1. Price for Ivory and Articles Thereof; Worked in the United States (CIF) - 2022
2. Price for Ivory and Articles Thereof; Worked in the United States (FOB) - 2022
3. Imports of Ivory and Articles Thereof; Worked in the United States
4. Exports of Ivory and Articles Thereof; Worked in the United States

Price for Ivory and Articles Thereof; Worked in the United States (CIF) - 2022

The average import price for ivory and articles thereof; worked stood at $17,772 per ton in 2022, picking up by 29% against the previous year. In general, the import price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 81%. Over the period under review, average import prices hit record highs at $23,523 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Germany ($126,967 per ton), while the price for China ($14,360 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%), while the prices for the other major suppliers experienced a decline.

Price for Ivory and Articles Thereof; Worked in the United States (FOB) - 2022

In 2022, the average export price for ivory and articles thereof; worked amounted to $31,041 per ton, with a decrease of -30.1% against the previous year. Over the period under review, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 45%. Over the period under review, the average export prices reached the peak figure at $52,978 per ton in 2015; however, from 2016 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 Mexico ($585,601 per ton), while the average price for exports to Austria ($929 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 Mexico (+36.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ivory and Articles Thereof; Worked in the United States

In 2022, after three years of growth, there was significant decline in overseas purchases of ivory and articles thereof; worked, when their volume decreased by -68% to 10 tons. Overall, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 194% against the previous year. As a result, imports reached the peak of 32 tons, and then dropped remarkably in the following year.

In value terms, ivory and articles thereof; worked imports fell markedly to $180K in 2022. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 432% against the previous year. As a result, imports reached the peak of $434K, and then declined rapidly in the following year.

Top Suppliers of Ivory and Articles Thereof; Worked to the United States in 2022:

1. India (5.2 tons)
2. Philippines (2.9 tons)
3. United Kingdom (1.2 tons)
4. China (0.4 tons)
5. Italy (0.2 tons)
6. Germany (0.2 tons)

Exports of Ivory and Articles Thereof; Worked in the United States

Ivory and articles thereof; worked exports from the United States skyrocketed to 21 tons in 2022, jumping by 117% against 2021 figures. In general, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ivory and articles thereof; worked exports surged to $642K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year.

Top Export Markets for Ivory and Articles Thereof; Worked from the United States in 2022:

1. Austria (11.7 tons)
2. United Kingdom (5.4 tons)
3. Japan (2.0 tons)
4. Curacao (0.5 tons)
5. Mexico (0.4 tons)
6. Switzerland (0.1 tons)

Source: IndexBox Market Intelligence Platform