Price for Precious Metal-Clad Jewelry of Base Metals in Bulgaria - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Bulgaria (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Bulgaria (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Bulgaria
- Exports of Precious Metal-Clad Jewelry of Base Metals in Bulgaria
Price for Precious Metal-Clad Jewelry of Base Metals in Bulgaria (CIF) - 2022
The average import price for base metal jewelry clad with precious metals stood at $481,529 per ton in 2022, growing by 21% against the previous year. In general, the import price enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2017 an increase of 48%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,465,000 per ton), while the price for Spain ($126,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+37.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Precious Metal-Clad Jewelry of Base Metals in Bulgaria (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $1,082 per ton in 2022, leveling off at the previous year. Over the period under review, the export price continues to indicate a dramatic shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 69%. Over the period under review, the average export prices reached the peak figure at $1,032,304 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to -40.4% per year.
Imports of Precious Metal-Clad Jewelry of Base Metals in Bulgaria
In 2022, the amount of base metal jewelry clad with precious metals imported into Bulgaria fell rapidly to 34 kg, declining by -20.9% against the previous year. In general, imports recorded a sharp setback.
In value terms, imports of base metal jewelry clad with precious metals declined to $16K in 2022. Overall, imports recorded a precipitous setback.
| Import of Precious Metal-Clad Jewelry of Base Metals in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.4 | 2.7 | 1.7 | 3.7 | 109.9% |
| Turkey | N/A | N/A | N/A | 3.5 | 0% |
| France | 0.3 | 1.7 | N/A | 3.5 | 126.8% |
| Germany | 1.5 | 9.5 | 6.1 | 1.3 | -4.7% |
| Italy | N/A | 1.6 | 0.7 | 1.0 | -20.9% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.4 | 0% |
| Romania | N/A | N/A | N/A | 0.2 | 0% |
| Spain | 107 | 45.2 | N/A | 0.1 | -90.2% |
| Norway | 20.3 | 10.4 | N/A | N/A | -48.8% |
| Others | 1.1 | 2.8 | 8.6 | 2.7 | 34.9% |
| Total | 131 | 73.9 | 17.1 | 16.4 | -50.0% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Bulgaria in 2022:
- Turkey (10.0 kg)
- United Kingdom (10.0 kg)
- Germany (7.0 kg)
- Taiwan (Chinese) (2.0 kg)
- Romania (1.0 kg)
- Italy (1.0 kg)
- France (1.0 kg)
- Spain (1.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Bulgaria
In 2022, overseas shipments of base metal jewelry clad with precious metals decreased by 0% to 1.8 tons, falling for the second year in a row after two years of growth. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,089%. As a result, the exports reached the peak of 2.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of base metal jewelry clad with precious metals contracted notably to $2K in 2022. Over the period under review, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 2,647% against the previous year. As a result, the exports reached the peak of $1.8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Precious Metal-Clad Jewelry of Base Metals in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 1,548 | N/A | N/A | 0% |
| Norway | 62.4 | 234 | N/A | N/A | 275.0% |
| Romania | N/A | N/A | N/A | N/A | 0% |
| Others | 2.7 | 7.4 | 927 | 2.0 | -9.5% |
| Total | 65.1 | 1,789 | 927 | 2.0 | -68.7% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Bulgaria in 2022:
- Romania (1.8 tons)
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