Price for Precious Metal-Clad Jewelry of Base Metals in Estonia - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Estonia (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Estonia (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Estonia
- Exports of Precious Metal-Clad Jewelry of Base Metals in Estonia
Price for Precious Metal-Clad Jewelry of Base Metals in Estonia (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $232,419 per ton, reducing by -50.4% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 30%. As a result, import price attained the peak level of $832,708 per ton. From 2017 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 ($484,308 per ton), while the price for Poland ($21,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+80.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Precious Metal-Clad Jewelry of Base Metals in Estonia (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $846,771 per ton in 2022, shrinking by -64.5% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 749% against the previous year. The export price peaked at $2,385,565 per ton in 2021, and then dropped rapidly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,434,839 per ton), while the average price for exports to Tajikistan ($362,533 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 Sweden (+36.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Precious Metal-Clad Jewelry of Base Metals in Estonia
In 2022, the amount of base metal jewelry clad with precious metals imported into Estonia surged to 837 kg, jumping by 336% compared with the year before. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of base metal jewelry clad with precious metals surged to $195K in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 235%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Precious Metal-Clad Jewelry of Base Metals in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.4 | 18.8 | 59.1 | 125 | 67.9% |
| Finland | N/A | N/A | 0.1 | 17.0 | 16900.0% |
| Turkey | N/A | N/A | N/A | 6.3 | 0% |
| Latvia | N/A | 0.1 | N/A | 1.6 | 300.0% |
| Thailand | 11.2 | N/A | N/A | N/A | 0% |
| Poland | 2.7 | N/A | N/A | N/A | 0% |
| Others | 11.5 | 8.0 | 30.9 | 44.1 | 56.5% |
| Total | 51.9 | 26.9 | 90.0 | 195 | 55.5% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Estonia in 2022:
- China (436.0 kg)
- Finland (262.0 kg)
- Latvia (54.0 kg)
- Turkey (13.0 kg)
- Poland (1.0 kg)
- Thailand (1.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Estonia
For the fourth consecutive year, Estonia recorded growth in overseas shipments of base metal jewelry clad with precious metals, which increased by 337% to 201 kg in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 850%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of base metal jewelry clad with precious metals soared to $170K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 7,966% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Precious Metal-Clad Jewelry of Base Metals in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 84.9 | 89.0 | 4.8% |
| Sweden | N/A | N/A | N/A | 49.4 | 0% |
| Tajikistan | N/A | N/A | N/A | 16.3 | 0% |
| Russia | 0.1 | 14.5 | 19.2 | N/A | 1285.6% |
| Finland | N/A | 3.5 | N/A | N/A | 0% |
| Others | 0.1 | 0.8 | 5.6 | 15.5 | 437.2% |
| Total | 0.2 | 18.8 | 110 | 170 | 847.3% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Estonia in 2022:
- Sweden (86.0 kg)
- United Kingdom (62.0 kg)
- Tajikistan (45.0 kg)
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