Price for Non-Silver Precious Metal Jewelry in Bulgaria - 2023
Contents:
- Price for Non-Silver Precious Metal Jewelry in Bulgaria (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Bulgaria (FOB) - 2023
- Imports of Non-Silver Precious Metal Jewelry in Bulgaria
- Exports of Non-Silver Precious Metal Jewelry in Bulgaria
Price for Non-Silver Precious Metal Jewelry in Bulgaria (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $43,765,557 per ton, waning by -27.7% against the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 74%. Over the period under review, average import prices attained the maximum at $85,423,317 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($141,750,048 per ton), while the price for Canada ($2,515,567 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+67.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Silver Precious Metal Jewelry in Bulgaria (FOB) - 2023
The average non-silver precious metal jewelry export price stood at $101M per ton in July 2023, dropping by -26.3% against the previous month. In general, the export price showed a noticeable slump. The growth pace was the most rapid in November 2022 when the average export price increased by 30% month-to-month. As a result, the export price reached the peak level of $185K per kg. From December 2022 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($172M per ton), while the average price for exports to the UK ($64.9M per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Bulgaria
In 2022, approx. 787 kg of non-silver precious metal jewelry were imported into Bulgaria; growing by 66% against the previous year's figure. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal jewelry imports skyrocketed to $34M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Non-Silver Precious Metal Jewelry in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 12.7 | 19.9 | 21.4 | 26.3 | 27.5% |
| France | 2.6 | 2.1 | 3.3 | 3.0 | 4.9% |
| Netherlands | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Canada | N/A | N/A | N/A | 0.2 | 0% |
| Israel | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 2.3 | 2.5 | 3.8 | 4.1 | 21.3% |
| Total | 17.6 | 24.6 | 28.8 | 34.4 | 25.0% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Bulgaria in 2022:
- Turkey (544.0 kg)
- Canada (60.0 kg)
- Israel (45.0 kg)
- Netherlands (26.0 kg)
- France (21.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Bulgaria
In 2022, the amount of non-silver precious metal jewelry exported from Bulgaria soared to 401 kg, with an increase of 109% against the year before. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal jewelry exports skyrocketed to $41M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Silver Precious Metal Jewelry in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.7 | 4.1 | 7.0 | 5.0 | 43.3% |
| Turkey | 1.3 | 1.7 | 2.8 | 4.2 | 47.8% |
| Netherlands | 1.4 | 2.6 | 1.0 | 3.0 | 28.9% |
| Sweden | 1.6 | 2.8 | 0.6 | 2.9 | 21.9% |
| Italy | 1.0 | 2.1 | 0.4 | 2.3 | 32.0% |
| Poland | 1.6 | 1.6 | 0.7 | 2.3 | 12.9% |
| Romania | 0.6 | 1.6 | 0.6 | 2.2 | 54.2% |
| Denmark | 1.2 | 2.3 | 3.0 | 2.0 | 18.6% |
| Hungary | 0.7 | 1.3 | 0.3 | 1.7 | 34.4% |
| Spain | 0.7 | 1.4 | 0.4 | 1.7 | 34.4% |
| Slovakia | 0.8 | 1.1 | 0.4 | 1.4 | 20.5% |
| Canada | N/A | N/A | N/A | 1.3 | 0% |
| Chile | N/A | N/A | N/A | 1.0 | 0% |
| Others | 5.2 | 6.3 | 6.0 | 9.9 | 23.9% |
| Total | 17.9 | 28.8 | 23.2 | 40.9 | 31.7% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Bulgaria in 2022:
- Turkey (57.0 kg)
- France (42.0 kg)
- Poland (27.0 kg)
- Netherlands (24.0 kg)
- Sweden (24.0 kg)
- Chile (17.0 kg)
- Italy (16.0 kg)
- Denmark (15.0 kg)
- Canada (14.0 kg)
- Romania (14.0 kg)
- Hungary (14.0 kg)
- Spain (14.0 kg)
- Slovakia (12.0 kg)
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