Price for Precious Metal-Clad Jewelry of Base Metals in the Czech Republic - 2023

Contents:

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

Price for Precious Metal-Clad Jewelry of Base Metals in the Czech Republic (FOB) - 2023

The average export price for base metal jewelry clad with precious metals stood at $344K per ton in October 2023, shrinking by -47% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 121% against the previous month. As a result, the export price attained the peak level of $885K per ton. From July 2023 to October 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Italy ($793K per ton), while the average price for exports to France ($157K per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Precious Metal-Clad Jewelry of Base Metals in the Czech Republic (CIF) - 2022

In 2022, the average import price for base metal jewelry clad with precious metals amounted to $263,266 per ton, which is down by -21.8% against the previous year. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 329% against the previous year. Over the period under review, average import prices attained the maximum at $2,037,267 per ton in 2017; however, from 2018 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 Italy ($551,221 per ton), while the price for Ukraine ($20,464 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Precious Metal-Clad Jewelry of Base Metals in the Czech Republic

In 2022, approx. 9.7 tons of base metal jewelry clad with precious metals were exported from the Czech Republic; with a decrease of -17.3% on 2021 figures. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,543% against the previous year. As a result, the exports reached the peak of 12 tons, and then declined markedly in the following year.

In value terms, exports of base metal jewelry clad with precious metals shrank rapidly to $2.3M in 2022. In general, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,437%. As a result, the exports reached the peak of $4.6M, and then reduced rapidly in the following year.

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

1. Germany (8.1 tons)
2. Austria (0.4 tons)
3. France (0.3 tons)
4. Slovakia (0.3 tons)
5. Italy (0.2 tons)

Imports of Precious Metal-Clad Jewelry of Base Metals in the Czech Republic

In 2022, the amount of base metal jewelry clad with precious metals imported into the Czech Republic reduced notably to 7.1 tons, with a decrease of -20.2% compared with 2021 figures. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 8.9 tons, and then dropped significantly in the following year.

In value terms, imports of base metal jewelry clad with precious metals shrank rapidly to $1.9M in 2022. Over the period under review, imports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 25%.

Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to the Czech Republic in 2022:

1. Germany (3215.0 kg)
2. Poland (1714.0 kg)
3. Slovakia (701.0 kg)
4. China (313.0 kg)
5. Italy (294.0 kg)
6. United Kingdom (216.0 kg)
7. France (147.0 kg)
8. Ukraine (140.0 kg)
9. Thailand (30.0 kg)

Source: IndexBox Market Intelligence Platform