Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea - 2022
Contents:
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea (CIF) - 2022
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea (FOB) - 2022
- Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea
- Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea
Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea (CIF) - 2022
The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $31,261 per ton in 2022, with an increase of 33% against the previous year. Over the period under review, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 282%. The import price peaked at $118,891 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 the United States ($97,382 per ton), while the price for India ($7,152 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+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 South Korea (FOB) - 2022
The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $70,046 per ton in 2022, reducing by -82.1% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 187%. As a result, the export price attained the peak level of $391,205 per ton, and then reduced rapidly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($128,000 per ton), while the average price for exports to France ($11,333 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 the United Arab Emirates (+30.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea
In 2022, overseas purchases of statuettes and other ornaments; of base metal plated with precious metals decreased by -62.3% to 3.7 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a significant contraction. The growth pace was the most rapid in 2020 with an increase of 140%. As a result, imports attained the peak of 18 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals shrank dramatically to $117K in 2022. Overall, imports saw a sharp slump. The smallest decline of -16.3% was in 2021.
| Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.2 | 170 | 64.5 | 28.1 | 11.6% |
| Italy | 15.2 | 9.6 | 5.2 | 22.3 | 13.6% |
| India | 32.5 | 0.2 | N/A | 7.8 | -37.9% |
| United States | 440 | 63.3 | 91.0 | 3.3 | -80.4% |
| Others | 83.5 | 34.4 | 71.7 | 55.0 | -13.0% |
| Total | 591 | 278 | 232 | 117 | -41.7% |
Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to South Korea in 2022:
- China (2005.0 kg)
- India (1095.0 kg)
- Italy (406.0 kg)
- United States (34.0 kg)
Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea
In 2022, exports of statuettes and other ornaments; of base metal plated with precious metals from South Korea soared to 65 kg, picking up by 67% against the previous year. In general, exports, however, recorded a significant decrease.
In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals reduced sharply to $4.6K in 2022. Over the period under review, exports, however, faced a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 163% against the previous year. As a result, the exports attained the peak of $95K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 3.1 | 0% |
| United States | 9.0 | 93.4 | N/A | 0.9 | -53.6% |
| Taiwan (Chinese) | 0.2 | N/A | N/A | 0.3 | 14.5% |
| Poland | N/A | N/A | N/A | 0.2 | 0% |
| China | 3.1 | 0.7 | N/A | N/A | -77.4% |
| Austria | 24.0 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | N/A | 15.0 | N/A | 0% |
| France | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | 0.6 | 0.2 | N/A | -66.7% |
| Total | 36.3 | 95.3 | 15.3 | 4.6 | -49.8% |
Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from South Korea in 2022:
- Italy (46.0 kg)
- United States (12.0 kg)
- France (3.0 kg)
- Poland (2.0 kg)
- Taiwan (Chinese) (2.0 kg)
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