Price for Precious Metal-Clad Jewelry of Base Metals in Switzerland - 2024

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

The average export price for base metal jewelry clad with precious metals stood at $1,874,716 per ton in 2022, with an increase of 5.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 96%. Over the period under review, the average export prices reached the peak figure at $1,904,655 per ton in 2012; afterwards, it flattened through to 2022.

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 the United States ($5,943,541 per ton), while the average price for exports to Singapore ($1,020,105 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 the United States (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for base metal jewelry clad with precious metals stood at $784,181 per ton in 2022, falling by -9.7% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for base metal jewelry clad with precious metals decreased by -12.9% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 52%. Over the period under review, average import prices hit record highs at $900,377 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,449,009 per ton), while the price for China ($183,643 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Switzerland recorded growth in overseas shipments of base metal jewelry clad with precious metals, which increased by 267% to 11 tons in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of base metal jewelry clad with precious metals skyrocketed to $20M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Precious Metal-Clad Jewelry of Base Metals in Switzerland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	583	480	1,218	9,671	155.0%
United States	45.2	109	103	2,627	287.4%
Germany	292	30.3	85.2	1,770	82.3%
Italy	530	86.5	587	1,311	35.2%
United Kingdom	355	1,317	449	1,079	44.9%
China	30.7	0.9	171	1,016	221.1%
Hong Kong SAR	8.4	11.4	310	954	384.3%
Others	175	725	2,236	1,575	108.0%
Total	2,019	2,760	5,157	20,001	114.8%

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

France (6.6 tons)
China (0.8 tons)
Hong Kong SAR (0.7 tons)
Germany (0.5 tons)
United States (0.4 tons)
United Kingdom (0.4 tons)
Italy (0.3 tons)

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

For the fourth consecutive year, Switzerland recorded growth in purchases abroad of base metal jewelry clad with precious metals, which increased by 27% to 6.8 tons in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of base metal jewelry clad with precious metals rose significantly to $5.3M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.3% 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 +101.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Precious Metal-Clad Jewelry of Base Metals in Switzerland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	514	384	707	1,707	49.2%
Italy	1,023	2,002	1,986	1,701	18.5%
Spain	276	188	312	798	42.5%
Germany	88.3	83.2	190	212	33.9%
United Kingdom	189	147	240	170	-3.5%
China	74.6	90.9	193	146	25.1%
United States	135	103	184	142	1.7%
Thailand	48.0	32.6	65.0	59.9	7.7%
Israel	72.1	71.2	37.7	10.8	-46.9%
United Arab Emirates	54.5	405	512	2.9	-62.4%
Others	175	210	243	385	30.1%
Total	2,650	3,718	4,668	5,334	26.3%