Russian Federation - Articles Of Goldsmiths’ Wares Of Base Metal Clad With Precious Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Russian Federation - Articles Of Goldsmiths’ Wares Of Base Metal Clad With Precious Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Precious Metal-Clad Goldsmiths Article of Base Metals in Russia - 2022

Contents:

  1. Price for Precious Metal-Clad Goldsmiths Article of Base Metals in Russia (CIF) - 2022
  2. Price for Precious Metal-Clad Goldsmiths Article of Base Metals in Russia (FOB) - 2022
  3. Imports of Precious Metal-Clad Goldsmiths Article of Base Metals in Russia
  4. Exports of Precious Metal-Clad Goldsmiths Article of Base Metals in Russia

Price for Precious Metal-Clad Goldsmiths Article of Base Metals in Russia (CIF) - 2022

In 2022, the average import price for precious metal-clad goldsmiths articles of base metals amounted to $33,616,800 per ton, increasing by 71,459% against the previous year. In general, the import price recorded significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +773.8% per year.

Price for Precious Metal-Clad Goldsmiths Article of Base Metals in Russia (FOB) - 2022

The average export price for precious metal-clad goldsmiths articles of base metals stood at $43,083 per ton in 2022, surging by 40% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2018 when the average export price increased by 402%. Over the period under review, the average export prices hit record highs at $75,678 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($88,780 per ton), while the average price for exports to Germany ($7,958 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+112.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Precious Metal-Clad Goldsmiths Article of Base Metals in Russia

In 2022, the amount of precious metal-clad goldsmiths articles of base metals imported into Russia contracted significantly to 5 kg, which is down by -99.9% compared with the year before. In general, imports recorded a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of 4.3 tons, and then reduced sharply in the following year.

In value terms, imports of precious metal-clad goldsmiths articles of base metals dropped significantly to $168K in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of $203K, and then fell rapidly in the following year.

Import of Precious Metal-Clad Goldsmiths Article of Base Metals in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A10.122.9168307.8%
GreeceN/A67.21.4N/A-97.9%
Italy13969.3154N/A5.3%
OthersN/A11.624.8N/A113.8%
Total1391582031686.5%

Top Suppliers of Precious Metal-Clad Goldsmiths Article of Base Metals to Russia in 2022:

  1. France (5.0 kg)

Exports of Precious Metal-Clad Goldsmiths Article of Base Metals in Russia

In 2022, shipments abroad of precious metal-clad goldsmiths articles of base metals decreased by -46.3% to 5.6 tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 5,746%. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of precious metal-clad goldsmiths articles of base metals dropped notably to $241K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 978%.

Export of Precious Metal-Clad Goldsmiths Article of Base Metals in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArmeniaN/A34.2N/A153111.5%
CanadaN/AN/AN/A32.90%
AustriaN/AN/A1.823.01177.8%
ChinaN/AN/AN/A19.30%
FranceN/AN/A1.43.7164.3%
GermanyN/A72.29.83.6-77.7%
DenmarkN/AN/A2.6N/A0%
United Arab EmiratesN/AN/A262N/A0%
ItalyN/A49.130.5N/A-37.9%
Others15.16.811.45.7-27.7%
Total15.1162320241151.8%

Top Export Markets for Precious Metal-Clad Goldsmiths Article of Base Metals from Russia in 2022:

  1. Armenia (1722.0 kg)
  2. Canada (1623.0 kg)
  3. Austria (983.0 kg)
  4. China (484.0 kg)
  5. Germany (457.0 kg)
  6. France (327.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for precious metal-clad goldsmiths article of base metals in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32121355 - Articles of goldsmiths

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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