Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Brazil - 2024

Contents:

1. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Brazil (CIF) - 2022
2. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Brazil (FOB) - 2022
3. Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Brazil
4. Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Brazil

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Brazil (CIF) - 2022

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $9,587 per ton in 2022, increasing by 31% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for statuettes and other ornaments; of base metal plated with precious metals increased by +93.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 48% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 Italy ($33,463 per ton), while the price for China ($8,653 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced a decline.

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Brazil (FOB) - 2022

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $38,873 per ton in 2022, declining by -26% against the previous year. Over the period under review, the export price, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2020 an increase of 83% against the previous year. Over the period under review, the average export prices hit record highs at $52,543 per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($109,887 per ton), while the average price for exports to Uruguay ($4,546 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 China (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Brazil

For the third year in a row, Brazil recorded decline in purchases abroad of statuettes and other ornaments; of base metal plated with precious metals, which decreased by -37.8% to 61 tons in 2022. In general, imports faced a significant curtailment. The smallest decline of -26.5% was in 2021.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals fell sharply to $585K in 2022. Overall, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 8.7%.

Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Brazil in 2022:

1. China (39.4 tons)
2. India (19.9 tons)
3. Italy (1.0 tons)

Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Brazil

Exports of statuettes and other ornaments; of base metal plated with precious metals from Brazil soared to 7.1 tons in 2022, picking up by 50% on the previous year's figure. In general, exports, however, saw a drastic downturn.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals expanded remarkably to $277K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.7% 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 increased by +61.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Brazil in 2022:

1. United States (2302.0 kg)
2. Uruguay (1063.0 kg)
3. Bolivia (756.0 kg)
4. Paraguay (599.0 kg)
5. France (467.0 kg)
6. Portugal (432.0 kg)
7. Canada (309.0 kg)
8. Dominican Republic (221.0 kg)
9. United Kingdom (167.0 kg)
10. Guyana (157.0 kg)
11. Italy (120.0 kg)
12. Switzerland (109.0 kg)

Source: IndexBox Market Intelligence Platform