Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Philippines - 2023
Contents:
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Philippines (CIF) - 2022
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Philippines (FOB) - 2022
- Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Philippines
- Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Philippines
Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Philippines (CIF) - 2022
The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $33,731 per ton in 2022, with an increase of 10% against the previous year. Overall, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 291%. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hong Kong SAR ($34,647 per ton) and China ($34,312 per ton), while the price for Taiwan (Chinese) ($28,500 per ton) and Singapore ($29,071 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+119.3%), 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 the Philippines (FOB) - 2022
The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $84,875 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 419% against the previous year. As a result, the export price attained the peak level of $128,944 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Singapore ($86,053 per ton) and Japan ($84,167 per ton), while the average price for exports to Oman ($83,333 per ton) and Ghana ($83,333 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 (+9.6%), 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 the Philippines
In 2022, approx. 992 kg of statuettes and other ornaments; of base metal plated with precious metals were imported into the Philippines; increasing by 136% compared with the year before. In general, imports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 333% against the previous year.
In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals skyrocketed to $33K in 2022. Overall, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 336%.
| Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 29.6 | N/A | 0.2 | 14.2 | -21.7% |
| China | 1.2 | N/A | 2.1 | 10.3 | 104.7% |
| Japan | N/A | 1.5 | 2.5 | 4.3 | 69.3% |
| Italy | 6.6 | N/A | 3.8 | 2.2 | -30.7% |
| South Korea | N/A | N/A | N/A | 1.3 | 0% |
| Singapore | N/A | N/A | 1.8 | 0.4 | -77.8% |
| Germany | N/A | N/A | 2.0 | N/A | 0% |
| Malaysia | 1.9 | 1.4 | N/A | N/A | -26.3% |
| Others | 0.3 | 0.1 | 0.4 | 0.7 | 32.6% |
| Total | 39.5 | 2.9 | 12.8 | 33.5 | -5.3% |
Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to the Philippines in 2022:
- Hong Kong SAR (411.0 kg)
- China (301.0 kg)
- Japan (136.0 kg)
- Italy (67.0 kg)
- South Korea (39.0 kg)
- Singapore (14.0 kg)
Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Philippines
In 2022, the amount of statuettes and other ornaments; of base metal plated with precious metals exported from the Philippines skyrocketed to 40 kg, jumping by 208% compared with the previous year. Over the period under review, exports enjoyed significant growth. 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 $3.4K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached 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 the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 1,635 | 0% |
| Japan | N/A | N/A | 985 | 1,010 | 2.5% |
| Ghana | N/A | N/A | N/A | 500 | 0% |
| Oman | N/A | N/A | N/A | 250 | 0% |
| Hong Kong SAR | N/A | N/A | 50.0 | N/A | 0% |
| United States | 1.0 | N/A | 53.0 | N/A | 628.0% |
| United Arab Emirates | 76.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 77.0 | N/A | 1,088 | 3,395 | 253.3% |
Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from the Philippines in 2022:
- Singapore (19.0 kg)
- Japan (12.0 kg)
- Ghana (6.0 kg)
- Oman (3.0 kg)
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