Silver Jewelry Price in Bolivia - 2023
Contents:
- Silver Jewelry Price in Bolivia (CIF) - 2022
- Silver Jewelry Price in Bolivia (FOB) - 2022
- Silver Jewelry Imports in Bolivia
- Silver Jewelry Exports in Bolivia
Silver Jewelry Price in Bolivia (CIF) - 2022
The average silver jewelry import price stood at $315,677 per ton in 2022, jumping by 583% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. Over the period under review, average import prices hit record highs at $886,113 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($865,421 per ton), while the price for Hong Kong SAR ($132,272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced a decline.
Silver Jewelry Price in Bolivia (FOB) - 2022
The average silver jewelry export price stood at $2,247,107 per ton in 2022, waning by -8.5% against the previous year. In general, the export price recorded a noticeable descent. The pace of growth appeared the most rapid in 2020 an increase of 183%. The export price peaked at $3,637,262 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -5.2% per year.
Silver Jewelry Imports in Bolivia
In 2022, imports of silver jewelry into Bolivia fell dramatically to 5.5 tons, dropping by -79.1% against 2021 figures. Over the period under review, imports recorded a dramatic descent. The pace of growth appeared the most rapid in 2021 when imports increased by 808% against the previous year. As a result, imports reached the peak of 26 tons, and then reduced remarkably in the following year.
In value terms, silver jewelry imports soared to $1.7M in 2022. Overall, imports saw a abrupt decrease.
| Import of Silver Jewelry in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,961 | 603 | 498 | 644 | -31.0% |
| Italy | 325 | 129 | 243 | 339 | 1.4% |
| Mexico | 232 | 34.1 | 107 | 235 | 0.4% |
| China | 131 | 84.5 | 120 | 203 | 15.7% |
| Peru | 8.7 | 10.4 | 45.8 | 115 | 136.4% |
| Panama | 48.0 | 12.3 | 65.4 | 78.1 | 17.6% |
| Spain | 31.9 | 23.4 | 33.5 | 27.1 | -5.3% |
| United States | 42.6 | 39.8 | 35.7 | 13.3 | -32.2% |
| Hong Kong SAR | N/A | 6.8 | 8.2 | 12.2 | 33.9% |
| Others | 32.2 | 22.9 | 49.3 | 53.3 | 18.3% |
| Total | 2,812 | 966 | 1,205 | 1,721 | -15.1% |
Top Suppliers of Silver Jewelry to Bolivia in 2022:
- China (776.0 kg)
- Peru (746.0 kg)
- Mexico (744.0 kg)
- Thailand (744.0 kg)
- Italy (589.0 kg)
- Spain (107.0 kg)
- Panama (95.0 kg)
- Hong Kong SAR (92.0 kg)
- United States (66.0 kg)
Silver Jewelry Exports in Bolivia
In 2022, overseas shipments of silver jewelry decreased by -65.4% to 9 kg, falling for the second year in a row after two years of growth. Overall, exports showed a significant contraction. The growth pace was the most rapid in 2020 when exports increased by 116%. As a result, the exports reached the peak of 54 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, silver jewelry exports reduced dramatically to $21K in 2022. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 512%. As a result, the exports reached the peak of $180K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Silver Jewelry in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.0 | 160 | 51.6 | 21.0 | -9.1% |
| Spain | N/A | 15.5 | 12.2 | N/A | -21.3% |
| Italy | 1.5 | 4.7 | N/A | N/A | 213.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.5 | 180 | 63.9 | 21.0 | -10.7% |
Top Export Markets for Silver Jewelry from Bolivia in 2022:
- United States (9.0 kg)
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