Price for Precious Metal-Clad Jewelry of Base Metals in Finland - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Finland (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Finland (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Finland
- Exports of Precious Metal-Clad Jewelry of Base Metals in Finland
Price for Precious Metal-Clad Jewelry of Base Metals in Finland (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $64,807 per ton, reducing by -43.9% against the previous year. Overall, the import price, however, saw temperate growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 56%. Over the period under review, average import prices hit record highs at $115,478 per ton in 2021, and then dropped dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($466,380 per ton), while the price for Turkey ($3,530 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Precious Metal-Clad Jewelry of Base Metals in Finland (FOB) - 2022
In 2022, the average export price for base metal jewelry clad with precious metals amounted to $526,707 per ton, growing by 223% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue 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 Hong Kong SAR ($2,221,000 per ton), while the average price for exports to the Czech Republic ($32,000 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 (+794.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Precious Metal-Clad Jewelry of Base Metals in Finland
In 2022, the amount of base metal jewelry clad with precious metals imported into Finland soared to 2.6 tons, jumping by 105% against 2021 figures. Overall, imports, however, recorded a deep reduction.
In value terms, imports of base metal jewelry clad with precious metals soared to $170K in 2022. In general, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 26%.
| Import of Precious Metal-Clad Jewelry of Base Metals in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 4.4 | 33.3 | 43.3 | 90.6 | 174.1% |
| United Kingdom | 0.6 | 0.7 | 7.1 | 23.3 | 238.6% |
| Germany | 0.3 | 11.0 | 8.3 | 11.5 | 237.2% |
| Turkey | 0.5 | N/A | N/A | 3.2 | 85.7% |
| Taiwan (Chinese) | N/A | N/A | N/A | 3.2 | 0% |
| China | 36.5 | 7.0 | 17.0 | 1.0 | -69.9% |
| Norway | 182 | 0.2 | N/A | N/A | -99.9% |
| Others | 24.6 | 64.2 | 71.6 | 36.8 | 14.4% |
| Total | 249 | 116 | 147 | 170 | -11.9% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Finland in 2022:
- Sweden (1319.0 kg)
- Turkey (915.0 kg)
- Taiwan (Chinese) (125.0 kg)
- Germany (57.0 kg)
- United Kingdom (50.0 kg)
- China (18.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Finland
In 2022, overseas shipments of base metal jewelry clad with precious metals decreased by -61.1% to 58 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed pronounced growth. The most prominent rate of growth was recorded in 2020 with an increase of 92%.
In value terms, exports of base metal jewelry clad with precious metals surged to $31K in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 142%. As a result, the exports reached the peak of $34K. 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 Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.7 | 26.5 | 3.5 | 11.8 | 15.3% |
| Hong Kong SAR | N/A | 0.6 | 5.0 | 6.7 | 234.2% |
| United Kingdom | N/A | N/A | 3.9 | 4.7 | 20.5% |
| Estonia | 0.4 | 0.4 | 0.9 | 2.6 | 86.6% |
| Israel | N/A | N/A | 0.6 | 1.7 | 183.3% |
| Canada | N/A | 1.9 | 1.7 | 1.4 | -14.2% |
| Philippines | N/A | N/A | 0.1 | 0.3 | 200.0% |
| New Zealand | N/A | N/A | N/A | 0.3 | 0% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Poland | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Czech Republic | N/A | N/A | N/A | 0.1 | 0% |
| Russia | N/A | N/A | N/A | 0.1 | 0% |
| Switzerland | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Others | 5.6 | 4.4 | 8.4 | 0.3 | -62.3% |
| Total | 13.9 | 33.7 | 24.3 | 30.5 | 29.9% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Finland in 2022:
- Estonia (24.0 kg)
- United Kingdom (7.0 kg)
- United States (6.0 kg)
- Philippines (3.0 kg)
- Hong Kong SAR (3.0 kg)
- Canada (2.0 kg)
- Czech Republic (2.0 kg)
- Germany (2.0 kg)
- Switzerland (2.0 kg)
- New Zealand (2.0 kg)
- Poland (2.0 kg)
- Israel (1.0 kg)
- Russia (1.0 kg)
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