Report Update: May 1, 2024

Peru - 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 Peru - 2021

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

The average silver goldsmiths ware articles export price stood at $299,580 per ton in 2022, which is down by -6.2% against the previous year. Over the period under review, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 89%. As a result, the export price reached the peak level of $482,990 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($595,263 per ton), while the average price for exports to Ecuador ($126,947 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 Chile (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average silver goldsmiths ware articles import price stood at $535,894 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the import price posted a buoyant increase. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,273,250 per ton), while the price for Italy ($279,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Silver Goldsmiths Ware Articles in Peru

Silver goldsmiths ware articles exports from Peru stood at 343 kg in 2022, with an increase of 10% against the previous year. Over the period under review, total exports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 46%. As a result, the exports attained the peak of 443 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, silver goldsmiths ware articles exports expanded to $103K in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 8.9%. As a result, the exports attained the peak of $106K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Silver Goldsmiths Ware Articles in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	7.6	34.8	53.3	56.5	95.2%
Panama	53.1	21.8	21.4	31.7	-15.8%
Ecuador	14.7	18.1	11.1	14.5	-0.5%
Dominican Republic	13.3	N/A	10.2	N/A	-12.4%
Hong Kong SAR	N/A	20.6	N/A	N/A	0%
China	N/A	4.7	N/A	N/A	0%
Bolivia	N/A	2.3	N/A	N/A	0%
Others	8.9	4.0	3.3	N/A	-39.1%
Total	97.5	106	99.3	103	1.8%

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

Panama (134.0 kg)
Ecuador (114.0 kg)
United States (95.0 kg)

Imports of Silver Goldsmiths Ware Articles in Peru

In 2022, approx. 66 kg of articles of goldsmiths or silversmiths wares of silver were imported into Peru; waning by -39.4% against the previous year. Over the period under review, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 70%. As a result, imports reached the peak of 109 kg, and then contracted dramatically in the following year.

In value terms, silver goldsmiths ware articles imports contracted markedly to $35K in 2022. In general, imports, however, continue to indicate measured growth. The pace of growth appeared the most rapid in 2021 when imports increased by 154% against the previous year. As a result, imports reached the peak of $51K, and then shrank sharply in the following year.

Import of Silver Goldsmiths Ware Articles in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	0.6	10.4	12.7	15.3	194.3%
France	23.0	2.2	8.6	11.7	-20.2%
Italy	5.4	7.3	6.9	8.4	15.9%
Spain	3.0	N/A	N/A	N/A	0%
China	0.3	N/A	19.8	N/A	712.4%
Others	0.4	N/A	2.8	N/A	164.6%
Total	32.6	20.0	50.8	35.4	2.8%

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

Italy (30.0 kg)
France (24.0 kg)
United States (12.0 kg)

Source: IndexBox Market Intelligence Platform

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

Peru

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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