Price for Non-Silver Precious Metal Jewelry in Chile - 2023
Contents:
- Price for Non-Silver Precious Metal Jewelry in Chile (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Chile (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Chile
- Exports of Non-Silver Precious Metal Jewelry in Chile
Price for Non-Silver Precious Metal Jewelry in Chile (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $2,012,046 per ton, reducing by -16.7% against the previous year. Over the period under review, the import price, however, recorded tangible growth. The growth pace was the most rapid in 2020 when the average import price increased by 36%. Over the period under review, average import prices attained the maximum at $2,414,863 per ton in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($9,668,192 per ton), while the price for Spain ($517,003 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Non-Silver Precious Metal Jewelry in Chile (FOB) - 2022
In 2022, the average non-silver precious metal jewelry export price amounted to $13,185,492 per ton, waning by -13.9% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2018 an increase of 1,283%. The export price peaked at $32,171,757 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($31,632,100 per ton), while the average price for exports to Canada ($54,000 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 Argentina (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Chile
In 2022, non-silver precious metal jewelry imports into Chile dropped significantly to 7.9 tons, which is down by -19.9% on 2021 figures. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 260%. As a result, imports reached the peak of 9.9 tons, and then dropped notably in the following year.
In value terms, non-silver precious metal jewelry imports dropped significantly to $16M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 349%. As a result, imports attained the peak of $24M, and then contracted dramatically in the following year.
| Import of Non-Silver Precious Metal Jewelry in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.9 | 0.7 | 4.7 | 3.0 | 49.4% |
| United States | 1.9 | 1.0 | 2.8 | 3.0 | 16.4% |
| Italy | 1.1 | 0.8 | 5.1 | 2.6 | 33.2% |
| Spain | 1.2 | 0.6 | 1.9 | 1.9 | 16.6% |
| Panama | 0.2 | 1.1 | 5.5 | 1.4 | 91.3% |
| Thailand | 0.4 | 0.3 | 1.2 | 1.3 | 48.1% |
| China | 0.4 | 0.5 | 1.0 | 1.2 | 44.2% |
| Others | 0.4 | 0.3 | 1.6 | 1.5 | 55.4% |
| Total | 6.7 | 5.3 | 23.8 | 15.9 | 33.4% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Chile in 2022:
- Spain (3722.0 kg)
- China (1346.0 kg)
- United States (1182.0 kg)
- Turkey (442.0 kg)
- Italy (266.0 kg)
- Panama (196.0 kg)
- Thailand (138.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Chile
In 2022, approx. 63 kg of non-silver precious metal jewelry were exported from Chile; picking up by 75% on the previous year's figure. Overall, exports, however, saw a abrupt downturn.
In value terms, non-silver precious metal jewelry exports soared to $831K in 2022. In general, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Non-Silver Precious Metal Jewelry in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 508 | 414 | 472 | 421 | -6.1% |
| Argentina | 72.3 | N/A | N/A | 316 | 63.5% |
| Spain | 168 | 50.9 | 69.5 | 63.4 | -27.7% |
| Mexico | N/A | N/A | N/A | 9.3 | 0% |
| Brazil | N/A | N/A | N/A | 8.0 | 0% |
| Netherlands | N/A | N/A | 3.2 | 6.8 | 112.5% |
| Bulgaria | N/A | N/A | N/A | 4.7 | 0% |
| Colombia | N/A | N/A | N/A | 0.7 | 0% |
| Peru | N/A | N/A | N/A | 0.2 | 0% |
| Canada | N/A | N/A | 6.7 | 0.1 | -98.5% |
| Others | 7.8 | N/A | N/A | 0.7 | -55.2% |
| Total | 757 | 465 | 551 | 831 | 3.2% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Chile in 2022:
- Spain (23.0 kg)
- United States (20.0 kg)
- Argentina (10.0 kg)
- Netherlands (2.0 kg)
- Mexico (2.0 kg)
- Brazil (1.0 kg)
- Canada (1.0 kg)
- Colombia (1.0 kg)
- Peru (1.0 kg)
- Bulgaria (1.0 kg)
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