Price for Precious Metal-Clad Jewelry of Base Metals in Tanzania - 2022
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Tanzania (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Tanzania (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Tanzania
- Exports of Precious Metal-Clad Jewelry of Base Metals in Tanzania
Price for Precious Metal-Clad Jewelry of Base Metals in Tanzania (CIF) - 2022
The average import price for base metal jewelry clad with precious metals stood at $76,873 per ton in 2022, rising by 4.4% against the previous year. Overall, the import price recorded a temperate increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 96%. As a result, import price attained the peak level of $129,354 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($323,667 per ton), while the price for South Africa ($19,560 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+55.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Precious Metal-Clad Jewelry of Base Metals in Tanzania (FOB) - 2022
In 2022, the average export price for base metal jewelry clad with precious metals amounted to $135,952 per ton, falling by -32.9% against the previous year. Over the period under review, the export price, however, showed mild growth. The most prominent rate of growth was recorded in 2015 an increase of 12,433% against the previous year. As a result, the export price attained the peak level of $14,698 per kg. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($208,000 per ton), while the average price for exports to France ($13,000 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 the United States (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Precious Metal-Clad Jewelry of Base Metals in Tanzania
In 2022, approx. 314 kg of base metal jewelry clad with precious metals were imported into Tanzania; picking up by 80% compared with 2021. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 200% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of base metal jewelry clad with precious metals soared to $24K in 2022. Overall, imports recorded a significant increase. 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 Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | 0.1 | N/A | 10.0 | 900.0% |
Hong Kong SAR | N/A | N/A | 0.9 | 4.9 | 444.4% |
Indonesia | 0.2 | 0.6 | 0.6 | 4.3 | 178.1% |
United Arab Emirates | N/A | 0.1 | 0.4 | 2.1 | 358.3% |
China | 0.2 | 0.4 | 3.0 | 1.6 | 100.0% |
South Africa | 1.3 | 1.3 | 1.5 | 0.5 | -27.3% |
India | N/A | N/A | N/A | 0.2 | 0% |
Thailand | 2.7 | 1.2 | 3.9 | N/A | 20.2% |
Others | 0.5 | 3.1 | 2.5 | 0.6 | 6.3% |
Total | 5.0 | 6.8 | 12.8 | 24.1 | 68.9% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Tanzania in 2022:
- United States (134.0 kg)
- United Arab Emirates (54.0 kg)
- China (45.0 kg)
- Indonesia (28.0 kg)
- South Africa (25.0 kg)
- Hong Kong SAR (15.0 kg)
- India (7.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Tanzania
In 2022, exports of base metal jewelry clad with precious metals from Tanzania surged to 62 kg, jumping by 51% compared with the previous year. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of base metal jewelry clad with precious metals reached $8.4K in 2022. In general, exports, however, showed a mild decline.
Export of Precious Metal-Clad Jewelry of Base Metals in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.5 | 4.6 | 3.3 | 6.8 | -3.2% |
Malawi | 1.3 | 4.0 | 0.6 | 1.4 | 2.5% |
Zimbabwe | N/A | N/A | N/A | 0.2 | 0% |
France | N/A | N/A | 1.1 | N/A | 0% |
Singapore | N/A | N/A | 2.3 | N/A | 0% |
Canada | N/A | N/A | 0.9 | N/A | 0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 8.8 | 8.6 | 8.3 | 8.4 | -1.5% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Tanzania in 2022:
- United States (44.0 kg)
- Malawi (16.0 kg)
- Zimbabwe (1.0 kg)
- France (1.0 kg)
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