Price for Non-Silver Precious Metal Jewelry in Angola - 2022
Contents:
- Price for Non-Silver Precious Metal Jewelry in Angola (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Angola (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Angola
- Exports of Non-Silver Precious Metal Jewelry in Angola
Price for Non-Silver Precious Metal Jewelry in Angola (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $8,225,082 per ton, which is down by -30.7% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 65%. The import price peaked at $28,887,603 per ton in 2014; however, from 2015 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 Portugal ($48,310,741 per ton), while the price for Bulgaria ($1,070,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+36.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Silver Precious Metal Jewelry in Angola (FOB) - 2022
In 2022, the average non-silver precious metal jewelry export price amounted to $27,172,875 per ton, with an increase of 99% against the previous year. Over the period under review, the export price showed a tangible increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 752%. Over the period under review, the average export prices reached the peak figure at $32,820,250 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($210,355,000 per ton), while the average price for exports to the Netherlands ($256,000 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 the United States (+534.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Angola
In 2022, approx. 243 kg of non-silver precious metal jewelry were imported into Angola; with an increase of 19% compared with 2021 figures. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.2% 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 +73.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, non-silver precious metal jewelry imports plummeted to $2M in 2022. In general, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 53%.
Import of Non-Silver Precious Metal Jewelry in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 1,718 | 381 | 856 | 1,304 | -8.8% |
India | 77.3 | 55.8 | 427 | 377 | 69.6% |
China | 40.0 | 790 | 35.2 | 127 | 47.0% |
Spain | 367 | 131 | 493 | 88.3 | -37.8% |
United States | 192 | 67.9 | 179 | 23.8 | -50.1% |
Israel | 141 | 36.8 | 99.5 | 14.9 | -52.7% |
Others | 355 | 116 | 329 | 62.6 | -43.9% |
Total | 2,891 | 1,578 | 2,420 | 1,999 | -11.6% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Angola in 2022:
- India (144.0 kg)
- China (45.0 kg)
- Portugal (27.0 kg)
- United States (4.0 kg)
- Spain (4.0 kg)
- Israel (1.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Angola
In 2022, approx. 8 kg of non-silver precious metal jewelry were exported from Angola; waning by -52.9% on the previous year. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 113%. As a result, the exports reached the peak of 17 kg, and then declined rapidly in the following year.
In value terms, non-silver precious metal jewelry exports dropped to $217K in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 64% against the previous year.
Export of Non-Silver Precious Metal Jewelry in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 118 | 161 | 211 | 210 | 21.2% |
South Africa | 5.5 | 2.1 | 15.4 | 6.4 | 5.2% |
Netherlands | N/A | 0.4 | N/A | 0.3 | -13.4% |
France | N/A | N/A | N/A | 0.3 | 0% |
Germany | N/A | 3.6 | N/A | N/A | 0% |
Vietnam | N/A | N/A | 6.5 | N/A | 0% |
United States | N/A | 34.4 | N/A | N/A | 0% |
Singapore | N/A | 1.3 | N/A | N/A | 0% |
Sao Tome and Principe | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 123 | 202 | 232 | 217 | 20.8% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Angola in 2022:
- South Africa (5.0 kg)
- Netherlands (1.0 kg)
- Portugal (1.0 kg)
- France (1.0 kg)
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