Price for Non-Silver Precious Metal Jewelry in New Zealand - 2023
Contents:
- Price for Non-Silver Precious Metal Jewelry in New Zealand (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in New Zealand (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in New Zealand
- Exports of Non-Silver Precious Metal Jewelry in New Zealand
Price for Non-Silver Precious Metal Jewelry in New Zealand (CIF) - 2022
The average non-silver precious metal jewelry import price stood at $44,589,485 per ton in 2022, surging by 20% against the previous year. Overall, the import price showed significant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 57% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($45,242,389 per ton) and Hong Kong SAR ($45,066,894 per ton), while the price for Vietnam ($44,764,458 per ton) and Thailand ($44,883,758 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Silver Precious Metal Jewelry in New Zealand (FOB) - 2022
The average non-silver precious metal jewelry export price stood at $45,425,822 per ton in 2022, growing by 18% against the previous year. In general, the export price showed a significant increase. The growth pace was the most rapid in 2019 an increase of 76%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($46,678,913 per ton) and Fiji ($46,273,348 per ton), while the average price for exports to Malaysia ($45,976,321 per ton) and Thailand ($46,126,504 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in New Zealand
In 2022, the amount of non-silver precious metal jewelry imported into New Zealand skyrocketed to 3.3 tons, rising by 24% compared with the year before. Overall, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 46%.
In value terms, non-silver precious metal jewelry imports skyrocketed to $145M in 2022. In general, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Silver Precious Metal Jewelry in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.5 | 17.5 | 26.3 | 28.7 | 4.0% |
| France | 2.7 | 1.0 | 1.2 | 28.5 | 119.4% |
| United States | 15.2 | 8.8 | 10.7 | 20.7 | 10.8% |
| Italy | 14.3 | 11.5 | 13.2 | 16.6 | 5.1% |
| Australia | 15.4 | 9.1 | 10.7 | 13.2 | -5.0% |
| China | 8.7 | 5.6 | 7.8 | 8.5 | -0.8% |
| United Arab Emirates | 0.8 | 2.9 | 8.8 | 6.3 | 99.0% |
| Hong Kong SAR | 3.7 | 2.3 | 3.6 | 3.8 | 0.9% |
| United Kingdom | 1.0 | 1.2 | 2.8 | 3.5 | 51.8% |
| Thailand | 2.7 | 1.4 | 2.8 | 3.0 | 3.6% |
| Vietnam | 1.6 | 1.0 | 1.3 | 2.6 | 17.6% |
| Turkey | 1.5 | 1.3 | 2.0 | 2.4 | 17.0% |
| Malaysia | 0.9 | 1.3 | 2.0 | 2.3 | 36.7% |
| Others | 3.0 | 5.7 | 4.3 | 4.8 | 17.0% |
| Total | 97.0 | 70.5 | 97.4 | 145 | 14.3% |
Top Suppliers of Non-Silver Precious Metal Jewelry to New Zealand in 2022:
- India (638.0 kg)
- France (635.0 kg)
- United States (461.0 kg)
- Italy (369.0 kg)
- Australia (293.0 kg)
- China (188.0 kg)
- United Arab Emirates (140.0 kg)
- Hong Kong SAR (85.0 kg)
- United Kingdom (78.0 kg)
- Thailand (66.0 kg)
- Vietnam (59.0 kg)
- Turkey (54.0 kg)
- Malaysia (52.0 kg)
Exports of Non-Silver Precious Metal Jewelry in New Zealand
In 2022, exports of non-silver precious metal jewelry from New Zealand skyrocketed to 2.4 tons, picking up by 167% on 2021 figures. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal jewelry exports skyrocketed to $111M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Silver Precious Metal Jewelry in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 23.2 | 23.1 | 23.0 | 62.5 | 39.1% |
| Singapore | 7.2 | 1.1 | 3.8 | 26.7 | 54.8% |
| Thailand | 1.3 | 1.5 | 1.6 | 5.6 | 62.7% |
| United States | 1.3 | 1.4 | 2.2 | 4.1 | 46.6% |
| Malaysia | N/A | 0.1 | 0.3 | 3.7 | 508.3% |
| United Kingdom | 0.1 | 0.3 | 1.0 | 2.1 | 175.9% |
| Others | 4.1 | 2.6 | 3.1 | 5.9 | 12.9% |
| Total | 37.2 | 29.9 | 35.1 | 111 | 44.0% |
Top Export Markets for Non-Silver Precious Metal Jewelry from New Zealand in 2022:
- Australia (1350.0 kg)
- Singapore (578.0 kg)
- Thailand (121.0 kg)
- United States (89.0 kg)
- Malaysia (81.0 kg)
- United Kingdom (46.0 kg)
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