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

Turkey - 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 Turkey - 2023

Contents:

  1. Price for Precious Metal-Clad Goldsmiths Article of Base Metals in Turkey (CIF) - 2023
  2. Price for Precious Metal-Clad Goldsmiths Article of Base Metals in Turkey (FOB) - 2022
  3. Imports of Precious Metal-Clad Goldsmiths Article of Base Metals in Turkey
  4. Exports of Precious Metal-Clad Goldsmiths Article of Base Metals in Turkey

Price for Precious Metal-Clad Goldsmiths Article of Base Metals in Turkey (CIF) - 2023

The average import price for precious metal-clad goldsmiths articles of base metals stood at $120K per ton in November 2023, reducing by -59.5% against the previous month. Overall, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in October 2023 an increase of 492% against the previous month. As a result, import price reached the peak level of $296K per ton, and then dropped remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($173K per ton), while the price for Brazil ($114K per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for precious metal-clad goldsmiths articles of base metals amounted to $78,461 per ton, increasing by 256% against the previous year. In general, the export price posted a significant increase. The growth pace was the most rapid in 2013 an increase of 318%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($75,233 per ton), while the average price for exports to the Netherlands ($1,232 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 Israel (+16.7%), 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 Turkey

Imports of precious metal-clad goldsmiths articles of base metals into Turkey soared to 5.1 tons in 2022, rising by 47% against the previous year. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 68%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of precious metal-clad goldsmiths articles of base metals skyrocketed to $746K in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 251%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Precious Metal-Clad Goldsmiths Article of Base Metals in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil11.97.998.0345207.2%
France28.529.4167322124.4%
Italy83.638.311473.6-4.2%
India8.021.60.1N/A-88.8%
Others24.113.28.85.1-40.4%
Total15611038874668.5%

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

  1. Brazil (12.5 tons)
  2. France (2.1 tons)
  3. Italy (1.0 tons)

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

In 2022, shipments abroad of precious metal-clad goldsmiths articles of base metals decreased by -71.7% to 6.9 tons, falling for the second year in a row after two years of growth. In general, exports showed a dramatic slump. The pace of growth was the most pronounced in 2020 when exports increased by 26%. As a result, the exports reached the peak of 29 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 stood at $544K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Precious Metal-Clad Goldsmiths Article of Base Metals in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel0.926.3125486714.3%
France12348.817925.1-41.1%
Canada1782581843.2-73.8%
Montenegro2.80.30.10.5-43.7%
NetherlandsN/A0.30.60.30.0%
Belgium14.6N/AN/A0.3-72.6%
Bosnia and Herzegovina2.31.76.40.2-55.7%
Others72.743.643.927.4-27.8%
Total39537953954411.3%

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

  1. Israel (6.5 tons)
  2. Netherlands (0.3 tons)
  3. Canada (0.1 tons)
  4. Montenegro (0.1 tons)
  5. France (0.1 tons)
  6. Bosnia and Herzegovina (0.1 tons)

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 Turkey. 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:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • 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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