Australia - Articles Of Goldsmiths’ Or Silversmiths’ Wares Of Silver - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Australia - Articles Of Goldsmiths’ Or Silversmiths’ Wares Of Silver - Market Analysis, Forecast, Size, Trends And Insights

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Price for Silver Goldsmiths Ware Articles in Australia - 2023

Contents:

  1. Price for Silver Goldsmiths Ware Articles in Australia (CIF) - 2022
  2. Price for Silver Goldsmiths Ware Articles in Australia (FOB) - 2022
  3. Imports of Silver Goldsmiths Ware Articles in Australia
  4. Exports of Silver Goldsmiths Ware Articles in Australia

Price for Silver Goldsmiths Ware Articles in Australia (CIF) - 2022

In 2022, the average silver goldsmiths ware articles import price amounted to $672,401 per ton, with an increase of 5.7% against the previous year. Overall, the import price saw significant growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 223%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,915,876 per ton), while the price for Malaysia ($19,488 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 (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silver Goldsmiths Ware Articles in Australia (FOB) - 2022

The average silver goldsmiths ware articles export price stood at $1,059,492 per ton in 2022, which is down by -3.1% against the previous year. Over the period under review, the export price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 98% against the previous year. The export price peaked at $1,407,124 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Denmark ($1,107,125 per ton) and Singapore ($1,094,083 per ton), while the average price for exports to Thailand ($1,045,296 per ton) and Canada ($1,050,000 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silver Goldsmiths Ware Articles in Australia

In 2022, after two years of decline, there was significant growth in purchases abroad of articles of goldsmiths or silversmiths wares of silver, when their volume increased by 40% to 5.3 tons. Overall, imports, however, faced a precipitous contraction.

In value terms, silver goldsmiths ware articles imports soared to $3.5M in 2022. In general, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silver Goldsmiths Ware Articles in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France60.239.575.0923148.4%
Italy14816677661861.0%
United States13111011052658.9%
India14.838.3241337183.4%
United Kingdom273222189260-1.6%
China1,200265194196-45.3%
Malaysia1.9N/AN/A33.2159.5%
JapanN/AN/A66.211.8-82.2%
Brazil14.66.6N/A0.8-62.0%
Others46794974663010.5%
Total2,3101,7962,3983,53715.3%

Top Suppliers of Silver Goldsmiths Ware Articles to Australia in 2022:

  1. Malaysia (1704.0 kg)
  2. Italy (1122.0 kg)
  3. China (574.0 kg)
  4. France (482.0 kg)
  5. United States (425.0 kg)
  6. India (203.0 kg)
  7. United Kingdom (163.0 kg)
  8. Japan (66.0 kg)
  9. Brazil (12.0 kg)

Exports of Silver Goldsmiths Ware Articles in Australia

In 2022, after three years of growth, there was significant decline in shipments abroad of articles of goldsmiths or silversmiths wares of silver, when their volume decreased by -34.1% to 325 kg. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 636%. As a result, the exports attained the peak of 493 kg, and then contracted markedly in the following year.

In value terms, silver goldsmiths ware articles exports contracted markedly to $344K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 691% against the previous year. As a result, the exports attained the peak of $539K, and then dropped dramatically in the following year.

Export of Silver Goldsmiths Ware Articles in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand5.45.92.4148201.5%
Lao People's Democratic RepublicN/AN/AN/A35.30%
South AfricaN/AN/AN/A35.10%
United States11.029.418.433.745.2%
Thailand0.76.12.628.2242.8%
Canada4.4N/AN/A16.856.3%
United Kingdom3.54.832.314.861.7%
DenmarkN/AN/A7.68.917.1%
Others2.121.947623.1122.4%
Total27.068.2539344133.6%

Top Export Markets for Silver Goldsmiths Ware Articles from Australia in 2022:

  1. New Zealand (140.0 kg)
  2. Lao People's Democratic Republic (33.0 kg)
  3. South Africa (33.0 kg)
  4. United States (32.0 kg)
  5. Thailand (27.0 kg)
  6. Canada (16.0 kg)
  7. United Kingdom (14.0 kg)
  8. Denmark (8.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for silver goldsmiths non-jewelry article in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32121351 - Articles of goldsmiths

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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