Russian Federation - Articles of Goldsmiths’ Wares of Base Metal Clad With Precious Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRussian Federation: Market for Precious Metal-Clad Goldsmiths Articles of Base Metals 2024
Market Size for Precious Metal-Clad Goldsmiths Articles of Base Metals in the Russian Federation
The Russian market for precious metal-clad goldsmiths articles of base metals was finally on the rise to reach $X in 2022, after eight years of decline. Over the period under review, consumption, however, recorded significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of Precious Metal-Clad Goldsmiths Articles of Base Metals in the Russian Federation
In value terms, production of precious metal-clad goldsmiths articles of base metals expanded remarkably to $X in 2022 estimated in export price. Overall, production, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production of hit record highs in 2022 and is likely to see steady growth in the near future.
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Exports of Precious Metal-Clad Goldsmiths Articles of Base Metals
Exports from the Russian Federation
In 2022, shipments abroad of precious metal-clad goldsmiths articles of base metals decreased by X% to X tons, falling for the second year in a row after five years of growth. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of precious metal-clad goldsmiths articles of base metals dropped notably to $X in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2021, and then contracted markedly in the following year.
Exports by Country
Armenia (X tons), Canada (X tons) and Austria (X kg) were the main destinations of exports of precious metal-clad goldsmiths articles of base metals from Russia, together comprising X% of total exports.
From 2013 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Armenia ($X) emerged as the key foreign market for precious metal-clad goldsmiths articles of base metals exports from Russia, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by Austria, with a X% share.
From 2013 to 2022, the average annual growth rate of value to Armenia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X.8% per year) and Austria (X.1% per year).
Export Prices by Country
In 2022, the average export price for precious metal-clad goldsmiths articles of base metals amounted to $X per ton, rising by X% against the previous year. In general, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Precious Metal-Clad Goldsmiths Articles of Base Metals
Imports into the Russian Federation
Imports of precious metal-clad goldsmiths articles of base metals into Russia fell markedly to X kg in 2022, which is down by X% on 2021. Overall, imports showed a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of precious metal-clad goldsmiths articles of base metals shrank sharply to $X in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, France (X kg) was the main precious metal-clad goldsmiths article of base metals supplier to Russia, accounting for a approx. X% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from France amounted to X%.
In value terms, France ($X) constituted the largest supplier of precious metal-clad goldsmiths articles of base metals to Russia.
From 2012 to 2022, the average annual rate of growth in terms of value from France stood at X%.
Import Prices by Country
In 2022, the average import price for precious metal-clad goldsmiths articles of base metals amounted to $X per kg, jumping by X% against the previous year. Overall, the import price recorded significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to X% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for precious metal-clad goldsmiths article of base metals in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32121355 - Articles of goldsmiths
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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