Saudi Arabia - Articles of Goldsmiths’ Wares of Base Metal Clad With Precious Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Market for Precious Metal-Clad Goldsmiths Articles of Base Metals 2024
Market Size for Precious Metal-Clad Goldsmiths Articles of Base Metals in Saudi Arabia
The Saudi market for precious metal-clad goldsmiths articles of base metals soared to $X in 2022, surging by X% against the previous year. Overall, consumption showed a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.
Production of Precious Metal-Clad Goldsmiths Articles of Base Metals in Saudi Arabia
In value terms, production of precious metal-clad goldsmiths articles of base metals contracted rapidly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X,394%. Production of peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.
Exports of Precious Metal-Clad Goldsmiths Articles of Base Metals
Exports from Saudi Arabia
In 2022, overseas shipments of precious metal-clad goldsmiths articles of base metals increased by X% to X kg, rising for the third year in a row after three years of decline. Overall, exports, however, continue to indicate a pronounced slump. Over the period under review, the exports of reached the peak figure at X kg in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, exports of precious metal-clad goldsmiths articles of base metals skyrocketed to $X in 2022. In general, exports, however, saw a noticeable reduction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
The UK (X kg) was the main destination for exports of precious metal-clad goldsmiths articles of base metals from Saudi Arabia, accounting for a X% share of total exports. Moreover, exports of precious metal-clad goldsmiths articles of base metals to the UK exceeded the volume sent to the second major destination, France (X kg), tenfold.
From 2021 to 2022, the average annual growth rate of volume to the UK stood at X%.
In value terms, the largest markets for precious metal-clad goldsmiths article of base metals exported from Saudi Arabia were France ($X) and the UK ($X).
France, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.
Export Prices by Country
The average export price for precious metal-clad goldsmiths articles of base metals stood at $X per ton in 2022, remaining stable against the previous year. Overall, the export price recorded a mild shrinkage. The export price peaked at $X per ton in 2021, and then shrank slightly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the UK stood at $X per ton.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%).
Imports of Precious Metal-Clad Goldsmiths Articles of Base Metals
Imports into Saudi Arabia
Imports of precious metal-clad goldsmiths articles of base metals into Saudi Arabia totaled X tons in 2022, approximately mirroring the previous year. Over the period under review, imports recorded a buoyant increase. The smallest decline of X% was in 2015. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of precious metal-clad goldsmiths articles of base metals stood at $X in 2022. In general, imports showed resilient growth. The smallest decline of X% was in 2015. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, the UK (X tons) constituted the largest supplier of precious metal-clad goldsmiths article of base metals to Saudi Arabia, with a X% share of total imports. Moreover, imports of precious metal-clad goldsmiths articles of base metals from the UK exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The third position in this ranking was held by Italy (X kg), with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Italy (X% per year).
In value terms, the UK ($X), the United Arab Emirates ($X) and Italy ($X) appeared to be the largest precious metal-clad goldsmiths article of base metals suppliers to Saudi Arabia, with a combined X% share of total imports.
The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for precious metal-clad goldsmiths articles of base metals stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price posted a perceptible increase. The pace of growth was the most pronounced in 2015 a decrease of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%).
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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 Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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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