Price for Precious Metal-Clad Jewelry of Base Metals in Egypt - 2022
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Egypt (FOB) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Egypt (CIF) - 2022
- Exports of Precious Metal-Clad Jewelry of Base Metals in Egypt
- Imports of Precious Metal-Clad Jewelry of Base Metals in Egypt
Price for Precious Metal-Clad Jewelry of Base Metals in Egypt (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $191,654 per ton in 2022, declining by -41.6% against the previous year. In general, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 315%. The export price peaked at $333,091 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($476,750 per ton), while the average price for exports to the United Arab Emirates stood at $191,379 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+32.0%).
Price for Precious Metal-Clad Jewelry of Base Metals in Egypt (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $67,366 per ton, with a decrease of -48.7% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 490% against the previous year. The import price peaked at $268,485 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($288,000 per ton), while the price for the UK ($26,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Precious Metal-Clad Jewelry of Base Metals in Egypt
In 2022, the amount of base metal jewelry clad with precious metals exported from Egypt skyrocketed to 3.5 tons, jumping by 25,250% compared with the previous year's figure. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of base metal jewelry clad with precious metals soared to $680K in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Precious Metal-Clad Jewelry of Base Metals in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 0.2 | 678 | 338900.0% |
| United Kingdom | N/A | 3.7 | 0.3 | N/A | -91.9% |
| Others | 7.5 | 0.4 | 4.1 | 1.9 | -36.7% |
| Total | 7.5 | 4.1 | 4.6 | 680 | 349.2% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Egypt in 2022:
- United Arab Emirates (3.5 tons)
Imports of Precious Metal-Clad Jewelry of Base Metals in Egypt
In 2022, approx. 41 kg of base metal jewelry clad with precious metals were imported into Egypt; with a decrease of -89.9% on the previous year's figure. In general, imports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports reached the peak of 404 kg, and then shrank remarkably in the following year.
In value terms, imports of base metal jewelry clad with precious metals contracted significantly to $2.8K in 2022. Over the period under review, imports saw a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 13%. As a result, imports attained the peak of $53K, and then declined remarkably in the following year.
| Import of Precious Metal-Clad Jewelry of Base Metals in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 1.4 | 0% |
| China | 0.1 | N/A | N/A | 1.3 | 135.1% |
| Spain | 2.3 | 1.0 | 30.5 | N/A | 264.2% |
| United Kingdom | 35.1 | 42.1 | N/A | N/A | 19.9% |
| France | N/A | N/A | 21.5 | N/A | 0% |
| Turkey | 4.4 | N/A | 0.2 | N/A | -78.7% |
| Others | 2.1 | 3.8 | 0.9 | N/A | -34.5% |
| Total | 43.9 | 46.8 | 53.1 | 2.8 | -60.0% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Egypt in 2022:
- China (35.0 kg)
- United States (5.0 kg)
- United Kingdom (1.0 kg)
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