Price for Precious Metal-Clad Jewelry of Base Metals in Kazakhstan - 2022

Contents:

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

Price for Precious Metal-Clad Jewelry of Base Metals in Kazakhstan (CIF) - 2022

In 2022, the average import price for base metal jewelry clad with precious metals amounted to $791,687 per ton, rising by 29% against the previous year. In general, the import price showed a strong increase. The growth pace was the most rapid in 2017 an increase of 527% against the previous year. The import price peaked at $937,419 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,575,667 per ton), while the price for Russia totaled $658,056 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for base metal jewelry clad with precious metals amounted to $41,000 per ton, waning by -94% against the previous year. Over the period under review, the export price showed a dramatic decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 2,740% against the previous year. As a result, the export price attained the peak level of $1,240,000 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2018 to 2022, the rate of growth in terms of prices for Russia amounted to +272.3% per year.

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

Imports of base metal jewelry clad with precious metals into Kazakhstan fell sharply to 131 kg in 2022, waning by -55.3% on 2021 figures. Over the period under review, imports saw a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 58%. As a result, imports reached the peak of 293 kg, and then declined rapidly in the following year.

In value terms, imports of base metal jewelry clad with precious metals fell sharply to $104K in 2022. In general, imports faced a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 3% against the previous year.

Import of Precious Metal-Clad Jewelry of Base Metals in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia16315299.882.3-20.4%
United States7.82.810.421.540.2%
Spain0.90.85.4N/A144.9%
Switzerland8.65.714.0N/A27.6%
China0.20.83.6N/A324.3%
Turkey0.30.30.3N/A0.0%
Others3.712.146.1N/A253.0%
Total185174180104-17.5%

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

  1. Russia (125.0 kg)
  2. United States (6.0 kg)

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

In 2022, shipments abroad of base metal jewelry clad with precious metals decreased by 0% to 1 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a sharp contraction. The smallest decline of -66.7% was in 2020.

In value terms, exports of base metal jewelry clad with precious metals contracted sharply to $41 in 2022. Overall, exports continue to indicate a significant decrease. The growth pace was the most rapid in 2020 with an increase of 847% against the previous year. As a result, the exports attained the peak of $1.2K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Precious Metal-Clad Jewelry of Base Metals in Kazakhstan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A41.00%
Russia99.01,240686N/A163.2%
Malaysia32.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1311,24068641.0-32.1%

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

  1. Austria (1.0 kg)

Source: IndexBox Market Intelligence Platform

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