Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Oman - 2022

Contents:

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

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

In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $12,993 per ton, dropping by -87.2% against the previous year. Overall, the import price recorded a precipitous decline. The most prominent rate of growth was recorded in 2017 an increase of 127% against the previous year. The import price peaked at $429,687 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($19,859 per ton), while the price for India ($8,576 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $231,226 per ton, increasing by 4,167% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. Over the period under review, the average export prices hit record highs at $458,000 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($236,333 per ton), while the average price for exports to the Czech Republic stood at $78,000 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-17.4%).

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

In 2022, after three years of growth, there was significant decline in purchases abroad of statuettes and other ornaments; of base metal plated with precious metals, when their volume decreased by -72% to 36 tons. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 3,123%. As a result, imports reached the peak of 130 tons, and then contracted dramatically in the following year.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals contracted significantly to $474K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 3,082% against the previous year. As a result, imports attained the peak of $13M, and then reduced notably in the following year.

Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.71.848.3428748.8%
Qatar0.426.110017.5252.4%
IndiaN/A1.819.916.1199.1%
China0.10.722.510.7374.7%
United Kingdom12737712,846N/A905.7%
Singapore1.53.251.1N/A483.7%
Others7.65.21482.1-34.9%
Total13841613,23647450.9%

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

  1. United Arab Emirates (33.0 tons)
  2. India (1.9 tons)
  3. Qatar (0.9 tons)
  4. China (0.7 tons)

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

In 2022, exports of statuettes and other ornaments; of base metal plated with precious metals from Oman plummeted to 31 kg, reducing by -96.1% on 2021. Overall, exports faced a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 187% against the previous year.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals soared to $7.2K in 2022. In general, exports showed a dramatic shrinkage.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.41.10.27.171.8%
Czech RepublicN/AN/AN/A0.10%
Netherlands1.81.31.3N/A-15.0%
Qatar11.41.32.7N/A-51.3%
Bahrain1.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.43.84.37.2-24.0%

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

  1. United Arab Emirates (30.0 kg)
  2. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform

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