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

Japan - 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 Japan - 2023

Contents:

  1. Price for Silver Goldsmiths Ware Articles in Japan (FOB) - 2022
  2. Price for Silver Goldsmiths Ware Articles in Japan (CIF) - 2023
  3. Exports of Silver Goldsmiths Ware Articles in Japan
  4. Imports of Silver Goldsmiths Ware Articles in Japan

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

In 2022, the average silver goldsmiths ware articles export price amounted to $446,336 per ton, waning by -11.1% against the previous year. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 74% against the previous year. As a result, the export price reached the peak level of $1,546 per kg. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($733,289 per ton), while the average price for exports to Taiwan (Chinese) ($386,093 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 Hong Kong SAR (-3.5%), while the prices for the other major destinations experienced a decline.

Price for Silver Goldsmiths Ware Articles in Japan (CIF) - 2023

The average silver goldsmiths ware articles import price stood at $510K per ton in September 2023, increasing by 27% against the previous month. In general, the import price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in March 2023 when the average import price increased by 841% against the previous month. Over the period under review, average import prices attained the peak figure at $1.7M per ton in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($1.9M per ton), while the price for Spain ($225K per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Silver Goldsmiths Ware Articles in Japan

In 2022, silver goldsmiths ware articles exports from Japan shrank slightly to 9.2 tons, which is down by -2.7% compared with the previous year. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 133% against the previous year. As a result, the exports reached the peak of 9.4 tons, and then declined in the following year.

In value terms, silver goldsmiths ware articles exports dropped to $4.1M in 2022. Overall, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. As a result, the exports attained the peak of $4.7M, and then reduced in the following year.

Export of Silver Goldsmiths Ware Articles in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1,3019131,4621,76310.7%
China9571,0812,0921,40913.8%
Hong Kong SAR1,353147177621-22.9%
United States28.543.442810052.0%
BelgiumN/AN/A227N/A0%
Others1,00982.4357209-40.8%
Total4,6482,2664,7434,103-4.1%

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

  1. Taiwan (Chinese) (4.6 tons)
  2. China (3.4 tons)
  3. Hong Kong SAR (0.8 tons)
  4. United States (0.2 tons)

Imports of Silver Goldsmiths Ware Articles in Japan

In 2022, imports of articles of goldsmiths or silversmiths wares of silver into Japan reached 5.6 tons, growing by 14% compared with 2021 figures. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 112%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, silver goldsmiths ware articles imports soared to $3.2M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +82.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Silver Goldsmiths Ware Articles in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45727542883022.0%
Italy41442493574021.4%
France22317941065943.5%
Denmark629486299238-27.7%
China10512630.090.4-4.9%
United Kingdom78.543.913161.8-7.7%
Others4802503496289.4%
Total2,3871,7852,5833,24810.8%

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

  1. Italy (1957.0 kg)
  2. France (1376.0 kg)
  3. China (1084.0 kg)
  4. United States (524.0 kg)
  5. United Kingdom (167.0 kg)
  6. Denmark (52.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for silver goldsmiths non-jewelry article in Japan. 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:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • 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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