Price for Non-Silver Precious Metal Jewelry in Guatemala - 2023
Contents:
- Price for Non-Silver Precious Metal Jewelry in Guatemala (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Guatemala (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Guatemala
- Exports of Non-Silver Precious Metal Jewelry in Guatemala
Price for Non-Silver Precious Metal Jewelry in Guatemala (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $4,309,689 per ton, declining by -52.3% against the previous year. In general, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 131% against the previous year. Over the period under review, average import prices reached the maximum at $17,846,163 per ton in 2016; however, from 2017 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 the United States ($17,566,741 per ton), while the price for Ecuador ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+128.5%), while the prices for the other major suppliers experienced a decline.
Price for Non-Silver Precious Metal Jewelry in Guatemala (FOB) - 2022
In 2022, the average non-silver precious metal jewelry export price amounted to $433,400 per ton, which is down by -89.4% against the previous year. In general, the export price recorded a sharp decrease. Over the period under review, the average export prices attained the peak figure at $4,078,000 per ton in 2021, and then fell sharply in the following year.
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 Spain ($2,905,000 per ton), while the average price for exports to Nicaragua ($31,000 per ton) was amongst the lowest.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-96.0%).
Imports of Non-Silver Precious Metal Jewelry in Guatemala
Non-silver precious metal jewelry imports into Guatemala surged to 3.2 tons in 2022, with an increase of 505% compared with the previous year's figure. In general, imports saw 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 soared to $14M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Silver Precious Metal Jewelry in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,134 | 1,196 | 3,442 | 8,063 | 92.3% |
| Panama | 1,359 | 996 | N/A | 1,342 | -0.4% |
| Thailand | N/A | N/A | 47.2 | 1,280 | 2611.9% |
| Mexico | 142 | 193 | 42.9 | 537 | 55.8% |
| El Salvador | 178 | 158 | 462 | 359 | 26.3% |
| Hong Kong SAR | 49.8 | N/A | N/A | 248 | 70.8% |
| India | 2.3 | 6.6 | 61.3 | 189 | 334.8% |
| Turkey | 81.0 | 58.7 | 225 | 185 | 31.7% |
| China | N/A | N/A | N/A | 150 | 0% |
| Sweden | N/A | N/A | N/A | 34.7 | 0% |
| Colombia | N/A | N/A | N/A | 7.6 | 0% |
| Others | 221 | 207 | 486 | 1,366 | 83.5% |
| Total | 3,168 | 2,816 | 4,766 | 13,761 | 63.2% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Guatemala in 2022:
- China (1276.0 kg)
- United States (459.0 kg)
- Turkey (272.0 kg)
- Panama (261.0 kg)
- Thailand (196.0 kg)
- India (140.0 kg)
- Sweden (123.0 kg)
- El Salvador (114.0 kg)
- Mexico (102.0 kg)
- Colombia (57.0 kg)
- Hong Kong SAR (56.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Guatemala
In 2022, approx. 50 kg of non-silver precious metal jewelry were exported from Guatemala; with an increase of 194% on the year before. In general, 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 declined remarkably to $22K in 2022. Overall, exports, however, faced a sharp slump.
| Export of Non-Silver Precious Metal Jewelry in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Switzerland | N/A | 12.3 | 0% | ||
| United States | 69.0 | 6.4 | -90.7% | ||
| Spain | N/A | 2.9 | 0% | ||
| Nicaragua | N/A | N/A | 0% | ||
| Others | 0.3 | N/A | 0% | ||
| Total | 69.3 | 21.7 | -68.7% | ||
Top Export Markets for Non-Silver Precious Metal Jewelry from Guatemala in 2022:
- United States (37.0 kg)
- Switzerland (11.0 kg)
- Nicaragua (1.0 kg)
- Spain (1.0 kg)
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