Price for Precious Metal-Clad Jewelry of Base Metals in Sweden - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Sweden (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Sweden (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Sweden
- Exports of Precious Metal-Clad Jewelry of Base Metals in Sweden
Price for Precious Metal-Clad Jewelry of Base Metals in Sweden (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $49,846 per ton, with an increase of 36% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for base metal jewelry clad with precious metals increased by +43.7% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($98,869 per ton), while the price for Portugal ($11,477 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Precious Metal-Clad Jewelry of Base Metals in Sweden (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $252,289 per ton in 2022, reducing by -11.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 38%. As a result, the export price attained the peak level of $290,769 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,625,563 per ton), while the average price for exports to Belgium ($30,344 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+54.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Precious Metal-Clad Jewelry of Base Metals in Sweden
In 2022, the amount of base metal jewelry clad with precious metals imported into Sweden shrank remarkably to 36 tons, waning by -38% compared with the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year.
In value terms, imports of base metal jewelry clad with precious metals contracted significantly to $1.8M in 2022. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year.
Import of Precious Metal-Clad Jewelry of Base Metals in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 37.1 | 86.1 | 183 | 416 | 123.8% |
United States | 49.4 | 87.8 | 246 | 344 | 91.0% |
China | 124 | 123 | 207 | 215 | 20.1% |
United Kingdom | 70.0 | 78.6 | 315 | 128 | 22.3% |
Denmark | 1,642 | 419 | 232 | 115 | -58.8% |
Italy | 169 | 76.9 | 135 | 75.5 | -23.6% |
Thailand | 45.9 | 44.3 | 125 | 68.4 | 14.2% |
Germany | 106 | 102 | 98.7 | 58.1 | -18.2% |
Netherlands | 83.6 | 23.0 | 76.6 | 39.7 | -22.0% |
Portugal | 64.5 | 17.2 | 7.2 | 0.7 | -77.9% |
Others | 140 | 266 | 529 | 354 | 36.2% |
Total | 2,531 | 1,325 | 2,152 | 1,815 | -10.5% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Sweden in 2022:
- United Kingdom (9.5 tons)
- United States (7.8 tons)
- France (7.6 tons)
- China (2.2 tons)
- Germany (2.0 tons)
- Thailand (1.8 tons)
- Denmark (1.5 tons)
- Italy (1.2 tons)
- Netherlands (0.6 tons)
- Portugal (0.1 tons)
Exports of Precious Metal-Clad Jewelry of Base Metals in Sweden
In 2022, the amount of base metal jewelry clad with precious metals exported from Sweden stood at 5.5 tons, increasing by 2.4% compared with the previous year. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 141% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of base metal jewelry clad with precious metals contracted to $1.4M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 213% against the previous year. As a result, the exports attained the peak of $1.5M, and then reduced in the following year.
Export of Precious Metal-Clad Jewelry of Base Metals in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 45.5 | 50.4 | 132 | 326 | 92.8% |
Switzerland | 11.2 | 139 | 415 | 311 | 202.8% |
Norway | 143 | 123 | 361 | 310 | 29.4% |
Finland | 53.6 | 46.0 | 89.6 | 135 | 36.1% |
United Kingdom | 7.2 | 0.2 | 269 | 78.4 | 121.6% |
Belgium | N/A | N/A | N/A | 10.1 | 0% |
Denmark | 13.7 | 18.6 | 47.4 | 9.4 | -11.8% |
Others | 104 | 117 | 234 | 218 | 28.0% |
Total | 378 | 494 | 1,548 | 1,398 | 54.6% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Sweden in 2022:
- Norway (1540.0 kg)
- Finland (1301.0 kg)
- United States (708.0 kg)
- Switzerland (596.0 kg)
- Belgium (334.0 kg)
- Denmark (215.0 kg)
- United Kingdom (198.0 kg)
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