Price for Non-Silver Precious Metal Jewelry in Tanzania - 2022
Contents:
- Price for Non-Silver Precious Metal Jewelry in Tanzania (CIF) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Tanzania
Price for Non-Silver Precious Metal Jewelry in Tanzania (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $1,352,636 per ton, growing by 33% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 1,151% against the previous year. Over the period under review, average import prices attained the maximum at $28,017,876 per ton in 2019; however, from 2020 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 China ($11,223,000 per ton), while the price for Hong Kong SAR ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+56.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Tanzania
In 2022, overseas purchases of non-silver precious metal jewelry decreased by -45% to 11 kg, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 188% against the previous year. As a result, imports reached the peak of 949 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, non-silver precious metal jewelry imports fell markedly to $15K in 2022. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Non-Silver Precious Metal Jewelry in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 263 | 35.6 | N/A | 11.2 | -65.1% |
| Greece | N/A | N/A | N/A | 1.7 | 0% |
| Australia | 188 | 1.5 | N/A | 0.6 | -85.3% |
| South Africa | 136 | 1.0 | N/A | 0.6 | -83.6% |
| Italy | 323 | 4.4 | N/A | 0.2 | -91.5% |
| United Arab Emirates | 41.2 | 11,743 | 20.2 | 0.2 | -83.1% |
| United States | 12.5 | 0.2 | N/A | 0.1 | -80.0% |
| United Kingdom | 104 | N/A | N/A | 0.1 | -90.1% |
| Germany | 472 | 1.9 | N/A | 0.1 | -94.0% |
| Hong Kong SAR | 170 | 0.4 | N/A | N/A | -99.8% |
| Thailand | 3,360 | 55.9 | N/A | N/A | -98.3% |
| Sri Lanka | 3,963 | 41.9 | 0.1 | N/A | -99.5% |
| India | 122 | 0.7 | N/A | N/A | -99.4% |
| Others | 91.6 | 11.6 | N/A | N/A | -87.3% |
| Total | 9,246 | 11,898 | 20.4 | 14.9 | -88.3% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Tanzania in 2022:
- United States (1.0 kg)
- Australia (1.0 kg)
- Italy (1.0 kg)
- South Africa (1.0 kg)
- United Arab Emirates (1.0 kg)
- India (1.0 kg)
- United Kingdom (1.0 kg)
- Germany (1.0 kg)
- Greece (1.0 kg)
- China (1.0 kg)
- Hong Kong SAR (1.0 kg)
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