Price for Non-Silver Precious Metal Jewelry in Ecuador - 2022
Contents:
- Price for Non-Silver Precious Metal Jewelry in Ecuador (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Ecuador (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Ecuador
- Exports of Non-Silver Precious Metal Jewelry in Ecuador
Price for Non-Silver Precious Metal Jewelry in Ecuador (CIF) - 2022
The average non-silver precious metal jewelry import price stood at $21,722,061 per ton in 2022, dropping by -11.3% against the previous year. Overall, the import price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 78% against the previous year. The import price peaked at $47,880,930 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Italy ($53,596,667 per ton), while the price for France ($8,736,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+41.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Silver Precious Metal Jewelry in Ecuador (FOB) - 2022
In 2022, the average non-silver precious metal jewelry export price amounted to $15,379,822 per ton, standing approx. at the previous year. In general, the export price, however, enjoyed modest growth. The pace of growth was the most pronounced in 2017 an increase of 255% against the previous year. As a result, the export price attained the peak level of $42,020 per kg. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($25,372,667 per ton), while the average price for exports to Guatemala ($2,000 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 France (+509.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Ecuador
In 2022, non-silver precious metal jewelry imports into Ecuador expanded modestly to 114 kg, surging by 2.7% compared with the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year.
In value terms, non-silver precious metal jewelry imports reduced to $2.5M in 2022. In general, imports, however, showed a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 22%.
| Import of Non-Silver Precious Metal Jewelry in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 821 | 393 | -52.1% |
| Spain | 325 | 253 | 288 | 370 | 4.4% |
| Ireland | N/A | 119 | N/A | 194 | 27.7% |
| United States | 753 | 37.4 | 217 | 168 | -39.3% |
| Italy | 317 | 69.7 | 265 | 161 | -20.2% |
| Brazil | 94.4 | 2.0 | 222 | 109 | 4.9% |
| France | 0.3 | N/A | N/A | 34.9 | 388.2% |
| Panama | 2,978 | 981 | N/A | N/A | -67.1% |
| Others | 1,039 | 772 | 906 | 1,046 | 0.2% |
| Total | 5,506 | 2,234 | 2,719 | 2,476 | -23.4% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Ecuador in 2022:
- Spain (24.0 kg)
- Turkey (19.0 kg)
- United States (12.0 kg)
- Ireland (9.0 kg)
- France (4.0 kg)
- Brazil (3.0 kg)
- Italy (3.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Ecuador
In 2022, approx. 45 kg of non-silver precious metal jewelry were exported from Ecuador; which is down by -30.8% on the previous year's figure. In general, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 306% against the previous year. As a result, the exports attained the peak of 65 kg, and then contracted dramatically in the following year.
In value terms, non-silver precious metal jewelry exports dropped notably to $692K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 163%. As a result, the exports attained the peak of $1M, and then reduced dramatically in the following year.
| Export of Non-Silver Precious Metal Jewelry in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.9 | 1.9 | 751 | 595 | 771.1% |
| United States | 6.3 | 332 | 198 | 76.1 | 129.4% |
| Bulgaria | N/A | N/A | N/A | 7.0 | 0% |
| Netherlands | N/A | N/A | 0.2 | 2.3 | 1050.0% |
| Norway | N/A | 1.2 | 2.3 | 0.8 | -18.4% |
| France | N/A | N/A | 2.1 | 0.4 | -81.0% |
| Spain | 0.3 | N/A | 0.5 | N/A | 29.1% |
| Guatemala | N/A | N/A | N/A | N/A | 0% |
| Panama | 143 | 46.2 | N/A | N/A | -67.7% |
| Others | 133 | 0.6 | 48.3 | 10.8 | -56.7% |
| Total | 284 | 382 | 1,003 | 692 | 34.6% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Ecuador in 2022:
- Turkey (32.0 kg)
- United States (3.0 kg)
- Netherlands (1.0 kg)
- France (1.0 kg)
- Guatemala (1.0 kg)
- Norway (1.0 kg)
- Spain (1.0 kg)
- Bulgaria (1.0 kg)
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