Price for Precious Metal-Clad Jewelry of Base Metals in Japan - 2023

Contents:

  1. Price for Precious Metal-Clad Jewelry of Base Metals in Japan (CIF) - 2023
  2. Price for Precious Metal-Clad Jewelry of Base Metals in Japan (FOB) - 2022
  3. Imports of Precious Metal-Clad Jewelry of Base Metals in Japan
  4. Exports of Precious Metal-Clad Jewelry of Base Metals in Japan

Price for Precious Metal-Clad Jewelry of Base Metals in Japan (CIF) - 2023

The average import price for base metal jewelry clad with precious metals stood at $4.2M per ton in November 2023, growing by 206% against the previous month. In general, the import price saw resilient growth. The pace of growth was the most pronounced in September 2023 an increase of 288% month-to-month. As a result, import price attained the peak level of $5,675 per kg; afterwards, it flattened through to November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($7.1M per ton), while the price for France ($1.9M per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Precious Metal-Clad Jewelry of Base Metals in Japan (FOB) - 2022

In 2022, the average export price for base metal jewelry clad with precious metals amounted to $357,754 per ton, shrinking by -80% against the previous year. Over the period under review, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 422%. As a result, the export price reached the peak level of $4,162 per kg. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($1,874,829 per ton), while the average price for exports to France ($83,161 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 Macao SAR (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Precious Metal-Clad Jewelry of Base Metals in Japan

In 2022, imports of base metal jewelry clad with precious metals into Japan contracted significantly to 1.8 tons, which is down by -30.1% compared with the previous year. Over the period under review, imports faced a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year.

In value terms, imports of base metal jewelry clad with precious metals shrank sharply to $2M in 2022. Overall, imports saw a sharp curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year.

Import of Precious Metal-Clad Jewelry of Base Metals in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0531,1124521,68717.0%
France18249.258.6132-10.2%
China2.50.42.890.4230.7%
Italy31893.026254.5-44.5%
Greece3.80.844.233.8107.2%
Spain4711811249.2-73.1%
United Kingdom86.862.31168.5-53.9%
South Korea12417.818.7N/A-61.2%
Thailand70536848.6N/A-73.7%
Philippines157155910N/A140.8%
Taiwan (Chinese)586139128N/A-53.3%
Myanmar45.0N/AN/AN/A0%
Netherlands30.76.169.1N/A50.0%
Others24374.328917.4-58.5%
Total4,0082,2592,5222,032-20.3%

Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Japan in 2022:

  1. United States (1270.0 kg)
  2. China (268.0 kg)
  3. France (191.0 kg)
  4. Greece (42.0 kg)
  5. Italy (29.0 kg)
  6. Spain (21.0 kg)
  7. United Kingdom (6.0 kg)

Exports of Precious Metal-Clad Jewelry of Base Metals in Japan

In 2022, the amount of base metal jewelry clad with precious metals exported from Japan soared to 4.7 tons, increasing by 80% against the previous year's figure. Overall, exports, however, continue to indicate a deep slump.

In value terms, exports of base metal jewelry clad with precious metals shrank markedly to $1.7M in 2022. Over the period under review, exports, however, showed a dramatic decrease. The smallest decline of -3.5% was in 2020.

Export of Precious Metal-Clad Jewelry of Base Metals in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A0.10.6500.0%
Hong Kong SAR0.1N/AN/A0.458.7%
United States0.30.30.10.2-12.6%
Macao SARN/AN/AN/A0.20%
FranceN/AN/AN/A0.10%
PolandN/AN/AN/AN/A0%
Sri Lanka0.40.2N/AN/A-50.0%
Philippines4.82.51.0N/A-54.4%
Taiwan (Chinese)8.210.33.3N/A-36.6%
Others0.40.50.20.1-37.0%
Total14.313.84.71.7-50.8%

Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Japan in 2022:

  1. Hong Kong SAR (1366.0 kg)
  2. Italy (1353.0 kg)
  3. United States (904.0 kg)
  4. France (744.0 kg)
  5. Macao SAR (123.0 kg)
  6. Poland (79.0 kg)
  7. Philippines (3.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Base Metal Jewelry Clad with Precious Metals - Japan