Price for Precious Metal-Clad Jewelry of Base Metals in Oman - 2022
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Oman (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Oman (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Oman
- Exports of Precious Metal-Clad Jewelry of Base Metals in Oman
Price for Precious Metal-Clad Jewelry of Base Metals in Oman (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $1,733,079 per ton, growing by 330% against the previous year. Over the period under review, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,947,407 per ton), while the price for the UK totaled $1,067,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Precious Metal-Clad Jewelry of Base Metals in Oman (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $342,450 per ton in 2022, rising by 10% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 65% against the previous year. As a result, the export price attained the peak level of $1,114,900 per ton. From 2015 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 Qatar ($573,977 per ton), while the average price for exports to the United States amounted to $287,695 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+11.5%).
Imports of Precious Metal-Clad Jewelry of Base Metals in Oman
In 2022, overseas purchases of base metal jewelry clad with precious metals decreased by -65.5% to 38 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 64%.
In value terms, imports of base metal jewelry clad with precious metals soared to $66K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Precious Metal-Clad Jewelry of Base Metals in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | 8.9 | 3.6 | 52.6 | 707.2% |
| United Kingdom | 4.3 | 1.2 | 3.2 | 11.7 | 39.6% |
| China | 13.8 | 10.7 | 16.9 | N/A | 10.7% |
| Switzerland | 1.1 | 1.0 | 1.7 | N/A | 24.3% |
| Germany | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
| France | 9.3 | 7.4 | 11.3 | N/A | 10.2% |
| Italy | 4.9 | 2.4 | 2.3 | N/A | -31.5% |
| Netherlands | 0.1 | 0.7 | 1.0 | N/A | 216.2% |
| United States | 3.0 | 18.0 | 3.1 | N/A | 1.7% |
| Turkey | 0.4 | 0.2 | 0.5 | N/A | 11.8% |
| Others | 0.6 | 0.3 | 0.6 | 1.5 | 35.7% |
| Total | 37.8 | 50.9 | 44.4 | 65.9 | 20.4% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Oman in 2022:
- United Arab Emirates (27.0 kg)
- United Kingdom (11.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Oman
In 2022, exports of base metal jewelry clad with precious metals from Oman shrank sharply to 220 kg, reducing by -35.5% compared with 2021. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 234%.
In value terms, exports of base metal jewelry clad with precious metals fell remarkably to $75K in 2022. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 137%.
| Export of Precious Metal-Clad Jewelry of Base Metals in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 141 | 33.9 | 74.7 | 50.1 | -29.2% |
| Qatar | 25.9 | 10.8 | 29.9 | 25.3 | -0.8% |
| Uganda | N/A | N/A | N/A | N/A | 0% |
| France | 0.1 | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | 1.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 167 | 44.7 | 106 | 75.3 | -23.3% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Oman in 2022:
- United States (174.0 kg)
- Qatar (44.0 kg)
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