Silver Jewelry Price in Argentina - 2023
Contents:
- Silver Jewelry Price in Argentina (CIF) - 2022
- Silver Jewelry Price in Argentina (FOB) - 2022
- Silver Jewelry Imports in Argentina
- Silver Jewelry Exports in Argentina
Silver Jewelry Price in Argentina (CIF) - 2022
In 2022, the average silver jewelry import price amounted to $998,559 per ton, increasing by 10% against the previous year. Overall, the import price recorded a prominent increase. The growth pace was the most rapid in 2020 an increase of 105% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2,370,117 per ton), while the price for Italy ($357,434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Silver Jewelry Price in Argentina (FOB) - 2022
In 2022, the average silver jewelry export price amounted to $692,960 per ton, falling by -27.5% against the previous year. Over the period under review, the export price recorded a deep slump. The growth pace was the most rapid in 2016 an increase of 72% against the previous year. The export price peaked at $1,656,971 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,334,200 per ton), while the average price for exports to Thailand ($162,333 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 Peru (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Silver Jewelry Imports in Argentina
In 2022, supplies from abroad of silver jewelry was finally on the rise to reach 1.2 tons after two years of decline. In general, imports, however, showed a dramatic curtailment.
In value terms, silver jewelry imports surged to $1.2M in 2022. Over the period under review, imports, however, saw a deep setback.
Import of Silver Jewelry in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 244 | 281 | 143 | 789 | 47.9% |
Colombia | 12.7 | 27.1 | 13.9 | 196 | 149.0% |
Italy | 9.0 | 48.4 | 31.4 | 147 | 153.7% |
China | 10.5 | 91.2 | 31.3 | 103 | 114.1% |
Vietnam | 17.4 | 41.8 | 12.4 | N/A | -15.6% |
United States | 951 | 0.4 | N/A | N/A | -100.0% |
Panama | 454 | 289 | 582 | N/A | 13.2% |
Others | 38.5 | 64.0 | 42.8 | 2.5 | -59.8% |
Total | 1,737 | 842 | 857 | 1,237 | -10.7% |
Top Suppliers of Silver Jewelry to Argentina in 2022:
- Italy (412.0 kg)
- Colombia (360.0 kg)
- Thailand (333.0 kg)
- China (113.0 kg)
Silver Jewelry Exports in Argentina
In 2022, approx. 151 kg of silver jewelry were exported from Argentina; declining by -10.7% compared with 2021 figures. Overall, exports recorded a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 191%.
In value terms, silver jewelry exports shrank sharply to $105K in 2022. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 239%.
Export of Silver Jewelry in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 33.3 | 8.0 | 70.1 | 50.0 | 14.5% |
Uruguay | 138 | 23.6 | 58.6 | 12.7 | -54.9% |
Peru | 7.1 | 5.9 | 12.2 | 12.5 | 20.7% |
France | 3.8 | 1.9 | 2.0 | 12.1 | 47.1% |
Spain | 0.7 | 0.8 | 6.7 | 4.5 | 85.9% |
Chile | 1.4 | 0.6 | 1.9 | 2.3 | 18.0% |
Japan | 3.9 | 2.4 | 3.5 | 2.3 | -16.1% |
Australia | 1.3 | 0.9 | 1.4 | 1.1 | -5.4% |
India | 0.4 | 0.3 | 0.8 | 1.1 | 40.1% |
Norway | 1.6 | 0.6 | 0.3 | 0.9 | -17.5% |
Bolivia | 0.7 | 0.5 | 0.9 | 0.8 | 4.6% |
Thailand | 1.4 | N/A | N/A | 0.5 | -29.1% |
Others | 3.8 | 2.1 | 3.2 | 3.9 | 0.9% |
Total | 198 | 47.7 | 162 | 105 | -19.1% |
Top Export Markets for Silver Jewelry from Argentina in 2022:
- Peru (53.0 kg)
- Uruguay (16.0 kg)
- France (15.0 kg)
- United States (15.0 kg)
- Chile (8.0 kg)
- Spain (8.0 kg)
- Australia (5.0 kg)
- India (4.0 kg)
- Norway (4.0 kg)
- Japan (3.0 kg)
- Thailand (3.0 kg)
- Bolivia (3.0 kg)
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