Price for Non-Silver Precious Metal Jewelry in Morocco - 2022
Contents:
- Price for Non-Silver Precious Metal Jewelry in Morocco (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Morocco (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Morocco
- Exports of Non-Silver Precious Metal Jewelry in Morocco
Price for Non-Silver Precious Metal Jewelry in Morocco (CIF) - 2022
The average non-silver precious metal jewelry import price stood at $49,065,243 per ton in 2022, surging by 27% against the previous year. Over the period under review, the import price posted a strong expansion. The growth pace was the most rapid in 2014 an increase of 165%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
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 France ($144,742,158 per ton), while the price for Ireland ($677,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Silver Precious Metal Jewelry in Morocco (FOB) - 2022
The average non-silver precious metal jewelry export price stood at $3,349,442 per ton in 2022, dropping by -36.9% against the previous year. Overall, the export price, however, posted a strong increase. The growth pace was the most rapid in 2013 an increase of 214%. As a result, the export price attained the peak level of $5,314 per kg. From 2014 to 2022, the average 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 France ($77,090,000 per ton), while the average price for exports to Hong Kong SAR ($68,750 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 Turkey (+61.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Morocco
In 2022, approx. 749 kg of non-silver precious metal jewelry were imported into Morocco; with a decrease of -47.5% on 2021. Over the period under review, imports faced a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 77%.
In value terms, non-silver precious metal jewelry imports contracted remarkably to $37M in 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year.
Import of Non-Silver Precious Metal Jewelry in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 45.6 | 19.5 | 26.3 | 11.5 | -36.8% |
Italy | 8.3 | 7.7 | 11.5 | 10.8 | 9.2% |
Switzerland | 1.3 | 1.6 | 3.4 | 3.0 | 32.1% |
France | 3.1 | 2.2 | 4.3 | 2.8 | -3.3% |
Germany | 0.3 | 0.4 | 0.4 | 1.8 | 81.7% |
Thailand | 1.0 | 1.0 | 1.4 | 1.5 | 14.5% |
Indonesia | N/A | 1.1 | 3.1 | 1.2 | 4.4% |
Hong Kong SAR | 1.1 | 1.1 | 1.5 | 1.2 | 2.9% |
United Arab Emirates | 1.6 | 1.1 | 0.9 | 0.7 | -24.1% |
Spain | 0.9 | 0.5 | 0.7 | 0.4 | -23.7% |
China | 0.5 | 0.3 | 0.4 | 0.2 | -26.3% |
Others | 0.6 | 0.7 | 1.2 | 1.6 | 38.7% |
Total | 64.4 | 37.1 | 55.2 | 36.7 | -17.1% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Morocco in 2022:
- Turkey (243.0 kg)
- Italy (161.0 kg)
- Thailand (123.0 kg)
- China (47.0 kg)
- Indonesia (29.0 kg)
- Germany (29.0 kg)
- Switzerland (25.0 kg)
- France (19.0 kg)
- Hong Kong SAR (19.0 kg)
- United Arab Emirates (8.0 kg)
- Spain (8.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Morocco
In 2022, exports of non-silver precious metal jewelry from Morocco skyrocketed to 265 kg, increasing by 52% compared with 2021. Over the period under review, exports, however, recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year.
In value terms, non-silver precious metal jewelry exports fell slightly to $888K in 2022. Overall, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 114% against the previous year.
Export of Non-Silver Precious Metal Jewelry in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 218 | N/A | 270 | 177 | -6.7% |
Hong Kong SAR | N/A | N/A | N/A | 0.6 | 0% |
Italy | N/A | 5.8 | N/A | N/A | 0% |
Others | 1,433 | 425 | 653 | 710 | -20.9% |
Total | 1,651 | 431 | 924 | 888 | -18.7% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Morocco in 2022:
- Netherlands (57.0 kg)
- Hong Kong SAR (8.0 kg)
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