Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola - 2022

Contents:

  1. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola (CIF) - 2022
  2. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola (FOB) - 2022
  3. Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola
  4. Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola (CIF) - 2022

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $4,746 per ton in 2022, which is down by -68.8% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 108%. The import price peaked at $38,144 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($66,802 per ton), while the price for Vietnam ($102 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola (FOB) - 2022

In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $769 per ton, with a decrease of -32.1% against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 176%. Over the period under review, the average export prices reached the peak figure at $2,143 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($1,000 per ton), while the average price for exports to Germany amounted to $727 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+86.9%).

Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola

In 2022, purchases abroad of statuettes and other ornaments; of base metal plated with precious metals increased by 118% to 20 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a perceptible setback.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals dropped significantly to $97K in 2022. In general, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 69% against the previous year.

Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal70.855.246.341.0-16.6%
China33.08.67.724.6-9.3%
Spain8.72.54.16.5-9.3%
United States0.20.52.85.7205.5%
IndiaN/A0.10.32.6409.9%
Namibia0.10.10.32.3184.4%
VietnamN/AN/AN/AN/A0%
Others38.317.380.714.0-28.5%
Total15184.214296.7-13.8%

Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Angola in 2022:

  1. China (14.8 tons)
  2. Portugal (2.2 tons)
  3. India (1.1 tons)
  4. United States (0.5 tons)
  5. Namibia (0.5 tons)
  6. Vietnam (0.4 tons)
  7. Spain (0.3 tons)

Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola

For the third year in a row, Angola recorded decline in overseas shipments of statuettes and other ornaments; of base metal plated with precious metals, which decreased by -13.3% to 13 kg in 2022. In general, exports saw a precipitous shrinkage.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals dropped sharply to $10 in 2022. Over the period under review, exports faced a dramatic downturn.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A8.00%
Portugal1.014217.02.026.0%
Brazil327N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total32814217.010.0-68.8%

Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Angola in 2022:

  1. Germany (11.0 kg)
  2. Portugal (2.0 kg)

Source: IndexBox Market Intelligence Platform

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