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

Contents:

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

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

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $36,241 per ton in 2022, with an increase of 19% against the previous year. In general, the import price showed a buoyant increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 83% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($36,167 per ton) and China ($34,526 per ton), while the price for Tunisia ($26,600 per ton) and Belgium ($30,010 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+45.9%), 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 Egypt (FOB) - 2022

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $11,333 per ton in 2022, growing by 1.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 107% against the previous year. The export price peaked at $20,097 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($17,818 per ton), while the average price for exports to Spain ($3,557 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 Spain (+0.9%), 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 Egypt

In 2022, supplies from abroad of statuettes and other ornaments; of base metal plated with precious metals decreased by -97.8% to 352 kg, falling for the second consecutive year after two years of growth. Overall, imports showed a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 1,886%. As a result, imports attained the peak of 39 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals reduced rapidly to $13K in 2022. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 1,763%. As a result, imports reached the peak of $654K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. China (228.0 kg)
2. Belgium (103.0 kg)
3. Tunisia (10.0 kg)
4. France (6.0 kg)

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

Exports of statuettes and other ornaments; of base metal plated with precious metals from Egypt dropped markedly to 1.1 tons in 2022, declining by -96% against the previous year. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 6,918%. As a result, the exports attained the peak of 28 tons, and then shrank remarkably in the following year.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals contracted notably to $12K in 2022. Overall, exports saw a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 10,417% against the previous year. As a result, the exports reached the peak of $308K, and then contracted significantly in the following year.

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

1. United Arab Emirates (636.0 kg)
2. Spain (167.0 kg)
3. Tunisia (147.0 kg)
4. Colombia (61.0 kg)
5. Germany (33.0 kg)

Source: IndexBox Market Intelligence Platform