Price for Non-Silver Precious Metal Jewelry in Qatar - 2023
Contents:
- Price for Non-Silver Precious Metal Jewelry in Qatar (CIF) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Qatar
Price for Non-Silver Precious Metal Jewelry in Qatar (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $23,028,853 per ton, waning by -11.3% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-silver precious metal jewelry import price increased by +19.0% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 46%. Over the period under review, average import prices hit record highs at $30,242,386 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($38,261,280 per ton), while the price for Thailand ($5,191,051 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+43.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Qatar
In 2022, approx. 14 tons of non-silver precious metal jewelry were imported into Qatar; reducing by -13.5% against the year before. In general, imports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of 16 tons, and then fell in the following year.
In value terms, non-silver precious metal jewelry imports contracted sharply to $318M in 2022. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 59%. As a result, imports attained the peak of $414M, and then shrank rapidly in the following year.
| Import of Non-Silver Precious Metal Jewelry in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 81.6 | 69.8 | 188 | 223 | 39.8% |
| United States | 2.1 | 2.4 | 3.4 | 17.4 | 102.4% |
| France | 49.9 | 51.7 | 43.9 | 12.6 | -36.8% |
| Malaysia | 40.5 | 15.8 | 19.9 | 10.9 | -35.4% |
| Turkey | 11.8 | 2.6 | 10.5 | 8.7 | -9.7% |
| Italy | 40.3 | 24.8 | 28.2 | 8.7 | -40.0% |
| India | 105 | 33.3 | 48.2 | 4.7 | -64.5% |
| China | 14.8 | 6.5 | 13.9 | 4.1 | -34.8% |
| Switzerland | 17.2 | 22.5 | 19.5 | 2.7 | -46.1% |
| Thailand | 8.1 | 3.2 | 5.8 | 1.8 | -39.4% |
| Others | 26.3 | 27.4 | 32.7 | 22.7 | -4.8% |
| Total | 398 | 260 | 414 | 318 | -7.2% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Qatar in 2022:
- Singapore (5.8 tons)
- United States (2.5 tons)
- Italy (1.1 tons)
- France (1.1 tons)
- Turkey (0.6 tons)
- Switzerland (0.5 tons)
- Thailand (0.4 tons)
- Malaysia (0.3 tons)
- India (0.2 tons)
- China (0.2 tons)
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