Price for Non-Silver Precious Metal Jewelry in Croatia - 2023
Contents:
- Price for Non-Silver Precious Metal Jewelry in Croatia (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Croatia (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Croatia
- Exports of Non-Silver Precious Metal Jewelry in Croatia
Price for Non-Silver Precious Metal Jewelry in Croatia (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $34,014,924 per ton, dropping by -2.5% against the previous year. Overall, the import price recorded a pronounced slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 57%. Over the period under review, average import prices hit record highs at $46,641,263 per ton in 2012; however, from 2013 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 Slovenia ($75,360,750 per ton), while the price for the Czech Republic ($344,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+72.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Silver Precious Metal Jewelry in Croatia (FOB) - 2022
In 2022, the average non-silver precious metal jewelry export price amounted to $26,066,130 per ton, which is down by -4.4% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 export price decreased by -10.0% against 2019 indices. The growth pace was the most rapid in 2019 when the average export price increased by 80%. As a result, the export price reached the peak level of $28,959 per kg. From 2020 to 2022, the average export prices failed to regain momentum.
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 Serbia ($61,637,000 per ton), while the average price for exports to Montenegro ($7,039,182 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 France (+94.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Croatia
Non-silver precious metal jewelry imports into Croatia surged to 567 kg in 2022, picking up by 44% on the year before. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal jewelry imports soared to $19M in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 103%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Non-Silver Precious Metal Jewelry in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.0 | 2.5 | 7.5 | 8.9 | 64.5% |
| Turkey | 1.0 | 1.8 | 2.1 | 4.2 | 61.3% |
| Slovenia | 2.1 | 1.5 | 2.9 | 3.9 | 22.9% |
| Netherlands | 0.2 | 0.1 | N/A | 1.1 | 76.5% |
| France | N/A | N/A | 0.5 | 0.4 | -20.0% |
| Germany | N/A | N/A | 0.1 | 0.1 | 0.0% |
| United Kingdom | 0.1 | 0.1 | N/A | N/A | 0.0% |
| India | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Others | 0.2 | 0.6 | 0.6 | 0.6 | 44.2% |
| Total | 5.9 | 6.8 | 13.8 | 19.3 | 48.4% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Croatia in 2022:
- Italy (273.0 kg)
- Turkey (112.0 kg)
- Slovenia (52.0 kg)
- Netherlands (46.0 kg)
- Germany (39.0 kg)
- France (13.0 kg)
- India (1.0 kg)
- United Kingdom (1.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Croatia
Non-silver precious metal jewelry exports from Croatia surged to 131 kg in 2022, rising by 39% compared with the year before. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +104.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, non-silver precious metal jewelry exports surged to $3.4M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Non-Silver Precious Metal Jewelry in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 940 | 713 | 745 | 871 | -2.5% |
| Bosnia and Herzegovina | 93.2 | 12.5 | 84.4 | 360 | 56.9% |
| France | 48.9 | 159 | 243 | 332 | 89.4% |
| Latvia | 17.2 | 23.4 | 17.6 | 274 | 151.6% |
| Serbia | 73.5 | 108 | 335 | 247 | 49.8% |
| Slovakia | 35.8 | 125 | 247 | 243 | 89.3% |
| Austria | 113 | 195 | 217 | 221 | 25.1% |
| Netherlands | N/A | 6.3 | 9.9 | 128 | 350.7% |
| Czech Republic | 251 | 123 | 127 | 126 | -20.5% |
| Italy | 1.1 | 24.6 | 67.4 | 109 | 362.7% |
| Montenegro | 4.4 | N/A | 5.1 | 77.4 | 160.1% |
| Slovenia | 191 | 95.6 | 130 | 33.8 | -43.9% |
| Turkey | 885 | N/A | 7.3 | N/A | -90.9% |
| Others | 299 | 158 | 327 | 395 | 9.7% |
| Total | 2,954 | 1,743 | 2,562 | 3,415 | 5.0% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Croatia in 2022:
- Slovakia (20.0 kg)
- Poland (18.0 kg)
- Netherlands (14.0 kg)
- Montenegro (11.0 kg)
- Bosnia and Herzegovina (8.0 kg)
- Czech Republic (7.0 kg)
- Italy (6.0 kg)
- France (6.0 kg)
- Latvia (6.0 kg)
- Austria (5.0 kg)
- Serbia (4.0 kg)
- Slovenia (2.0 kg)
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