Price for Precious Metal-Clad Jewelry of Base Metals in Bahrain - 2022
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Bahrain (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Bahrain (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Bahrain
- Exports of Precious Metal-Clad Jewelry of Base Metals in Bahrain
Price for Precious Metal-Clad Jewelry of Base Metals in Bahrain (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $369,173 per ton, surging by 36% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for base metal jewelry clad with precious metals decreased by -6.1% against 2018 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 87% against the previous year. As a result, import price reached the peak level of $435,614 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 Turkey ($488,100 per ton), while the price for China ($38,404 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Precious Metal-Clad Jewelry of Base Metals in Bahrain (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $376,429 per ton in 2022, shrinking by -44.8% against the previous year. Over the period under review, the export price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $687,530 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +9.4% per year.
Imports of Precious Metal-Clad Jewelry of Base Metals in Bahrain
In 2022, approx. 271 kg of base metal jewelry clad with precious metals were imported into Bahrain; jumping by 30% against the previous year. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of base metal jewelry clad with precious metals skyrocketed to $100K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Precious Metal-Clad Jewelry of Base Metals in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 10.6 | 12.0 | 12.1 | 75.9 | 92.7% |
Turkey | 5.9 | 5.9 | 2.3 | 9.8 | 18.4% |
China | 1.6 | 0.4 | 1.2 | 2.2 | 11.2% |
Saudi Arabia | N/A | 0.2 | N/A | 0.6 | 73.2% |
Switzerland | 0.8 | 8.0 | 18.5 | 0.2 | -37.0% |
India | 5.4 | 5.4 | 2.2 | N/A | -36.2% |
Indonesia | N/A | N/A | N/A | N/A | 0% |
Poland | 10.6 | 12.4 | 7.0 | N/A | -18.7% |
Netherlands | 1.2 | 1.6 | 1.0 | N/A | -8.7% |
Others | 19.0 | 12.9 | 12.6 | 11.5 | -15.4% |
Total | 54.9 | 58.9 | 56.9 | 100 | 22.1% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Bahrain in 2022:
- Italy (163.0 kg)
- China (57.0 kg)
- Turkey (20.0 kg)
- Saudi Arabia (12.0 kg)
- Switzerland (1.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Bahrain
Exports of base metal jewelry clad with precious metals from Bahrain shrank sharply to 14 kg in 2022, declining by -46.2% on 2021. Over the period under review, exports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year.
In value terms, exports of base metal jewelry clad with precious metals reduced sharply to $5.3K in 2022. In general, exports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 31%.
Export of Precious Metal-Clad Jewelry of Base Metals in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | N/A | 0.1 | 5.3 | 5200.0% |
Switzerland | 0.3 | 0.5 | 1.9 | N/A | 151.7% |
France | N/A | N/A | 0.2 | N/A | 0% |
Qatar | 6.3 | 6.4 | 6.0 | N/A | -2.4% |
Poland | 7.7 | N/A | N/A | N/A | 0% |
Kuwait | 1.0 | 1.9 | 7.2 | N/A | 168.3% |
Singapore | 3.7 | 0.8 | 0.4 | N/A | -67.1% |
Netherlands | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Saudi Arabia | 1.1 | 2.0 | 0.2 | N/A | -57.4% |
Others | 1.7 | 1.7 | 1.6 | N/A | -3.0% |
Total | 21.9 | 13.5 | 17.7 | 5.3 | -37.7% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Bahrain in 2022:
- Italy (14.0 kg)
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