Hong Kong SAR, China - Articles Of Goldsmiths’ Or Silversmiths’ Wares Of Silver - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Silver Goldsmiths Ware Articles in Hong Kong SAR - 2023
Contents:
- Price for Silver Goldsmiths Ware Articles in Hong Kong SAR (CIF) - 2023
- Price for Silver Goldsmiths Ware Articles in Hong Kong SAR (FOB) - 2023
- Imports of Silver Goldsmiths Ware Articles in Hong Kong SAR
- Exports of Silver Goldsmiths Ware Articles in Hong Kong SAR
Price for Silver Goldsmiths Ware Articles in Hong Kong SAR (CIF) - 2023
In June 2023, the average silver goldsmiths ware articles import price amounted to $828K per ton, with a decrease of -2.4% against the previous month. In general, the import price showed a abrupt slump. The pace of growth was the most pronounced in August 2022 when the average import price increased by 311% month-to-month. As a result, import price attained the peak level of $3,011 per kg. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2.0M per ton), while the price for China amounted to $772K per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.2%).
Price for Silver Goldsmiths Ware Articles in Hong Kong SAR (FOB) - 2023
The average silver goldsmiths ware articles export price stood at $1.1M per ton in June 2023, dropping by -9.7% against the previous month. Overall, the export price, however, enjoyed a modest expansion. The pace of growth was the most pronounced in January 2023 when the average export price increased by 134% against the previous month. As a result, the export price reached the peak level of $3,511 per kg; afterwards, it flattened through to June 2023.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was France ($5.2M per ton), while the average price for exports to Germany ($589K per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+13.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Silver Goldsmiths Ware Articles in Hong Kong SAR
In 2022, purchases abroad of articles of goldsmiths or silversmiths wares of silver increased by 516% to 19 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, silver goldsmiths ware articles imports soared to $13M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silver Goldsmiths Ware Articles in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 899 | 1,490 | 906 | 7,897 | 106.3% |
| Malaysia | N/A | N/A | N/A | 2,676 | 0% |
| Italy | 926 | 570 | 702 | 1,099 | 5.9% |
| Japan | 256 | 32.0 | 664 | 494 | 24.5% |
| United States | 531 | 292 | 399 | 312 | -16.2% |
| Indonesia | N/A | N/A | N/A | 248 | 0% |
| United Kingdom | 290 | 107 | 95.4 | 70.6 | -37.6% |
| Others | 812 | 541 | 1,830 | 483 | -15.9% |
| Total | 3,715 | 3,031 | 4,596 | 13,280 | 52.9% |
Top Suppliers of Silver Goldsmiths Ware Articles to Hong Kong SAR in 2022:
- China (12.6 tons)
- Malaysia (3.5 tons)
- Italy (1.0 tons)
- Indonesia (0.5 tons)
- Japan (0.4 tons)
- United States (0.2 tons)
- United Kingdom (0.1 tons)
Exports of Silver Goldsmiths Ware Articles in Hong Kong SAR
In 2022, approx. 1.4 tons of articles of goldsmiths or silversmiths wares of silver were exported from Hong Kong SAR; declining by -39.5% compared with the previous year. In general, exports saw a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year.
In value terms, silver goldsmiths ware articles exports shrank significantly to $1.7M in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of $3.6M, and then contracted rapidly in the following year.
| Export of Silver Goldsmiths Ware Articles in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,523 | 1,203 | 1,289 | 740 | -21.4% |
| India | 1.4 | 0.1 | 0.1 | 301 | 499.1% |
| Germany | 66.0 | 132 | 187 | 241 | 54.0% |
| United States | 907 | 764 | 819 | 142 | -46.1% |
| France | 75.3 | 29.9 | 27.8 | 122 | 17.5% |
| Belgium | 47.8 | 40.8 | 38.7 | 4.7 | -53.8% |
| South Korea | 73.0 | 21.1 | 19.4 | 0.9 | -76.9% |
| Others | 318 | 621 | 1,213 | 146 | -22.9% |
| Total | 3,011 | 2,812 | 3,594 | 1,699 | -17.4% |
Top Export Markets for Silver Goldsmiths Ware Articles from Hong Kong SAR in 2022:
- China (575.0 kg)
- India (365.0 kg)
- Germany (278.0 kg)
- France (74.0 kg)
- United States (73.0 kg)
- Belgium (7.0 kg)
- South Korea (1.0 kg)
This report provides an in-depth analysis of the market for silver goldsmiths non-jewelry article in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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