Silver Jewelry Price in the Czech Republic - 2023
Contents:
- Silver Jewelry Price in the Czech Republic (CIF) - 2023
- Silver Jewelry Price in the Czech Republic (FOB) - 2023
- Silver Jewelry Imports in the Czech Republic
- Silver Jewelry Exports in the Czech Republic
Silver Jewelry Price in the Czech Republic (CIF) - 2023
In June 2023, the average silver jewelry import price amounted to $330K per ton, with a decrease of -86.5% against the previous month. Overall, the import price showed a deep downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 57% m-o-m. The import price peaked at $3.1M per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1.9M per ton), while the price for Romania ($3,555 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Silver Jewelry Price in the Czech Republic (FOB) - 2023
In June 2023, the average silver jewelry export price amounted to $3.0M per ton, approximately reflecting the previous month. Overall, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 45% month-to-month. The export price peaked at $3.2M per ton in January 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Slovakia ($4.1M per ton), while the average price for exports to Austria ($1.1M 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 Hungary (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Silver Jewelry Imports in the Czech Republic
In 2022, the amount of silver jewelry imported into the Czech Republic contracted to 15 tons, waning by -14.8% against the previous year. Over the period under review, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 7.7% against the previous year. As a result, imports reached the peak of 17 tons, and then fell in the following year.
In value terms, silver jewelry imports amounted to $37M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silver Jewelry in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 13.3 | 15.4 | 11.6 | 16.9 | 8.3% |
| China | 7.1 | 7.3 | 9.0 | 8.4 | 5.8% |
| India | 0.3 | 0.3 | 4.9 | 4.1 | 139.1% |
| Italy | 2.0 | 2.6 | 2.2 | 2.9 | 13.2% |
| Turkey | 0.4 | 0.5 | 0.8 | 0.9 | 31.0% |
| Indonesia | 0.2 | 0.4 | 0.5 | 0.5 | 35.7% |
| Germany | 1.9 | 1.9 | 1.4 | 0.5 | -35.9% |
| Others | 3.9 | 3.4 | 3.2 | 2.6 | -12.6% |
| Total | 29.1 | 31.8 | 33.7 | 36.9 | 8.2% |
Top Suppliers of Silver Jewelry to the Czech Republic in 2022:
- China (5.3 tons)
- Thailand (4.3 tons)
- India (1.8 tons)
- Italy (1.1 tons)
- Germany (0.7 tons)
- Turkey (0.5 tons)
- Indonesia (0.3 tons)
Silver Jewelry Exports in the Czech Republic
After three years of growth, overseas shipments of silver jewelry decreased by -11.7% to 37 tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. As a result, the exports reached the peak of 42 tons, and then dropped in the following year.
In value terms, silver jewelry exports reduced to $12M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of $13M, and then dropped in the following year.
| Export of Silver Jewelry in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.2 | 6.4 | 6.8 | 5.0 | -11.4% |
| Slovakia | 1.8 | 2.1 | 1.9 | 2.8 | 15.9% |
| Hungary | N/A | N/A | N/A | 2.7 | 0% |
| Austria | 0.4 | 0.6 | 0.5 | 0.2 | -20.6% |
| Others | 2.9 | 2.4 | 4.3 | 1.8 | -14.7% |
| Total | 12.2 | 11.5 | 13.5 | 12.5 | 0.8% |
Top Export Markets for Silver Jewelry from the Czech Republic in 2022:
- Slovakia (20.1 tons)
- Germany (12.9 tons)
- Hungary (1.6 tons)
- Austria (0.6 tons)
284
This report provides an in-depth analysis of the articles of jewellery market in the Czech Republic.
926
This report provides an in-depth analysis of the jewelry market in the Czech Republic.
165
This report provides an in-depth analysis of the motorcycle and scooter market in the Czech Republic.
1040
This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in the Czech Republic.
501
Global Articles Of Jewellery Market Report 2018. This report provides an in-depth analysis of the global articles of jewellery market.
4291
This report provides an in-depth analysis of the global jewelry market.
442
This report provides an in-depth analysis of the global motorcycle and scooter market.
3222
This report provides an in-depth analysis of the global market for motorcycle, scooter and side-car.
284
This report provides an in-depth analysis of the articles of jewellery market in the Czech Republic.
926
This report provides an in-depth analysis of the jewelry market in the Czech Republic.
405
Explore the top import markets for jewelry worldwide, including Hong Kong SAR, United Arab Emirates, United States, Switzerland, and more. Discover key statistics and insights from the IndexBox market intelligence platform.
1639
Global jewelry imports stood at X tons in 2016, rising by X% against the previous year figure. Overall, jewelry imports continue to indicate a relatively flat trend pattern. The pace of growth was...
423
In recent years, the global demand for motorcycles and scooters has been steadily increasing. These vehicles offer an affordable and convenient mode of transportation, making them popular in both developed and developing countries. In this article, we will explore the top import markets for motorcycles and scooters and provide key statistics.
441
Explore the world's best import markets for motorcycles, scooters, and side-cars. Discover the top countries with high import values, including the United States, Germany, France, and more.
5627
In 2016, approx. X tons of motorcycle and scooter were imported worldwide- coming up by X% against the previous year level. In general, motorcycle and scooter imports continue to indicate a relat...
1388
In 2016, approx. X tons of motorcycle and scooter were imported worldwide- coming up by X% against the previous year level. In general, motorcycle and scooter imports continue to indicate a relat...
1189
From 2007 to 2014, the global motorcycle and scooter market showed mixed dynamics. A slight decrease in 2009 (-X% Y-o-Y) was followed by a X% increase in 2010. Over the next three years, the market gradually increased to X million units. In value te
1388
A lower costs policy coupled with the launching of new products is expected to double the Japanese Yamaha Motor Co.'s motorcycle profit margin by 2018. According to the Japan Times, Yamaha aims to increase their overall margin to X% by 2018. Hiroyuki
405
Explore the top import markets for jewelry worldwide, including Hong Kong SAR, United Arab Emirates, United States, Switzerland, and more. Discover key statistics and insights from the IndexBox market intelligence platform.
1639
Global jewelry imports stood at X tons in 2016, rising by X% against the previous year figure. Overall, jewelry imports continue to indicate a relatively flat trend pattern. The pace of growth was...
