Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bulgaria - 2023

Contents:

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

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

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $58,950 per ton in 2022, with a decrease of -18.1% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 +61.4% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 54% against the previous year. As a result, import price attained the peak level of $71,938 per ton, and then declined markedly in the following year.

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 Portugal ($184,000 per ton), while the price for Romania ($12,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+79.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $43,118 per ton in 2022, with a decrease of -48.4% against the previous year. Over the period under review, the export price faced a deep setback. The growth pace was the most rapid in 2021 when the average export price increased by 133%. Over the period under review, the average export prices reached the peak figure at $175,429 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($797,500 per ton), while the average price for exports to Georgia ($11,977 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+371.7%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, purchases abroad of statuettes and other ornaments; of base metal plated with precious metals increased by 115% to 1.9 tons in 2022. Over the period under review, imports, however, showed a abrupt downturn.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals surged to $114K in 2022. Overall, imports saw resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy47.033.920.341.0-4.5%
Austria15.99.917.123.513.9%
China1.2N/A1.220.9159.2%
NetherlandsN/A8.29.79.68.2%
RomaniaN/AN/A1.08.0700.0%
Portugal10.8N/A10.06.3-16.4%
United Kingdom10.37.32.4N/A-51.7%
Others1.12.72.94.964.5%
Total86.362.064.71149.7%

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

  1. Romania (644.0 kg)
  2. China (540.0 kg)
  3. Italy (335.0 kg)
  4. Austria (185.0 kg)
  5. Netherlands (168.0 kg)
  6. Portugal (34.0 kg)

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

In 2022, shipments abroad of statuettes and other ornaments; of base metal plated with precious metals was finally on the rise to reach 400 kg after two years of decline. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals skyrocketed to $17K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Armenia9.4N/A2.39.81.4%
GeorgiaN/AN/AN/A3.60%
NorwayN/A4.4N/A1.6-39.7%
OthersN/AN/AN/A2.30%
Total9.44.42.317.222.3%

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

  1. Georgia (303.0 kg)
  2. Armenia (90.0 kg)
  3. Norway (2.0 kg)

Source: IndexBox Market Intelligence Platform

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