Silver Jewelry Price in France - 2023
Contents:
- Silver Jewelry Price in France (CIF) - 2022
- Silver Jewelry Price in France (FOB) - 2023
- Silver Jewelry Imports in France
- Silver Jewelry Exports in France
Silver Jewelry Price in France (CIF) - 2022
The average silver jewelry import price stood at $1,022,866 per ton in 2022, growing by 14% against the previous year. Overall, the import price posted temperate growth. The pace of growth appeared the most rapid in 2016 an increase of 68% against the previous year. The import price peaked at $1,462,475 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,949,411 per ton), while the price for the UK ($129,494 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Silver Jewelry Price in France (FOB) - 2023
In June 2023, the average silver jewelry export price amounted to $669K per ton, jumping by 27% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 35% against the previous month. As a result, the export price reached the peak level of $714K per ton. From May 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was China ($4.0M per ton), while the average price for exports to Austria ($75,256 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Silver Jewelry Imports in France
In 2022, overseas purchases of silver jewelry decreased by -23.7% to 252 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of 330 tons, and then reduced sharply in the following year.
In value terms, silver jewelry imports contracted to $257M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of $297M, and then fell in the following year.
| Import of Silver Jewelry in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.1 | 92.7 | 110 | 94.5 | 137.0% |
| China | 41.8 | 28.8 | 36.9 | 33.1 | -7.5% |
| Italy | 27.9 | 25.5 | 35.4 | 29.3 | 1.6% |
| Thailand | 127 | 17.9 | 20.5 | 19.3 | -46.6% |
| Denmark | N/A | 28.1 | 29.4 | 16.5 | -23.4% |
| India | 7.4 | 6.2 | 9.4 | 9.8 | 9.8% |
| Spain | 4.0 | 4.5 | 5.0 | 4.2 | 1.6% |
| United Kingdom | 2.2 | 3.2 | 2.1 | 1.5 | -12.0% |
| Others | 41.9 | 56.6 | 48.0 | 49.2 | 5.5% |
| Total | 259 | 264 | 297 | 257 | -0.3% |
Top Suppliers of Silver Jewelry to France in 2022:
- Italy (56.8 tons)
- Germany (48.5 tons)
- Thailand (27.8 tons)
- China (22.1 tons)
- India (17.0 tons)
- Spain (13.6 tons)
- Denmark (12.3 tons)
- United Kingdom (11.6 tons)
Silver Jewelry Exports in France
For the fourth consecutive year, France recorded growth in overseas shipments of silver jewelry, which increased by 46% to 164 tons in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, silver jewelry exports declined slightly to $102M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when exports increased by 21% against the previous year.
| Export of Silver Jewelry in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.4 | 9.6 | 11.2 | 14.9 | 16.6% |
| Japan | 7.2 | 15.9 | 10.7 | 12.2 | 19.2% |
| United States | 5.3 | 4.9 | 11.4 | 10.0 | 23.6% |
| China | 2.4 | 4.9 | 11.8 | 9.9 | 60.4% |
| Germany | 8.3 | 8.3 | 8.0 | 8.8 | 2.0% |
| Switzerland | 6.2 | 6.8 | 8.6 | 6.5 | 1.6% |
| Spain | 3.4 | 4.0 | 4.2 | 5.5 | 17.4% |
| Belgium | 4.0 | 4.2 | 4.6 | 5.0 | 7.7% |
| United Kingdom | 10.8 | 14.1 | 3.8 | 3.4 | -32.0% |
| Netherlands | 0.6 | 0.7 | 1.1 | 1.2 | 26.0% |
| Austria | 0.8 | 1.6 | 0.6 | 0.9 | 4.0% |
| Bulgaria | 2.6 | 2.6 | N/A | 0.1 | -66.2% |
| Others | 20.8 | 21.1 | 26.2 | 23.4 | 4.0% |
| Total | 81.8 | 98.6 | 102 | 102 | 7.6% |
Top Export Markets for Silver Jewelry from France in 2022:
- Germany (36.1 tons)
- Belgium (34.0 tons)
- Italy (29.9 tons)
- Spain (21.3 tons)
- Netherlands (5.0 tons)
- Japan (4.0 tons)
- United Kingdom (3.7 tons)
- United States (3.6 tons)
- China (3.0 tons)
- Austria (2.7 tons)
- Switzerland (2.2 tons)
- Bulgaria (1.0 tons)
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