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

Contents:

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

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

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $31,595 per ton in 2022, surging by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 36% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Nepal ($32,184 per ton) and Mexico ($31,094 per ton), while the price for France ($31,031 per ton) and China ($31,037 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+3.8%), 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 Canada (FOB) - 2022

In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $69,090 per ton, leveling off at the previous year. Overall, export price indicated pronounced growth 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. The pace of growth was the most pronounced in 2019 an increase of 59% against the previous year. As a result, the export price reached the peak level of $87,960 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($69,199 per ton) and Hong Kong SAR ($69,161 per ton), while the average price for exports to Australia ($69,114 per ton) and Qatar ($69,119 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.4%), 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 Canada

Imports of statuettes and other ornaments; of base metal plated with precious metals into Canada surged to 35 tons in 2022, with an increase of 21% on 2021. Overall, imports, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 70%.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals skyrocketed to $1.1M in 2022. Over the period under review, imports saw strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 72% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. China (9.1 tons)
2. Nepal (7.2 tons)
3. Spain (7.1 tons)
4. United States (5.2 tons)
5. Italy (1.5 tons)
6. India (1.5 tons)
7. France (1.0 tons)

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

Exports of statuettes and other ornaments; of base metal plated with precious metals from Canada skyrocketed to 6.5 tons in 2022, picking up by 520% against the previous year. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached 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 soared to $446K in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Hong Kong SAR (3174.0 kg)
2. United States (657.0 kg)
3. Malaysia (541.0 kg)
4. Qatar (489.0 kg)
5. Singapore (480.0 kg)
6. Japan (403.0 kg)
7. Australia (394.0 kg)
8. Spain (186.0 kg)
9. United Arab Emirates (40.0 kg)

Source: IndexBox Market Intelligence Platform