Price for Non-Silver Precious Metal Jewelry in Peru - 2021
Contents:
- Price for Non-Silver Precious Metal Jewelry in Peru (FOB) - 2022
- Price for Non-Silver Precious Metal Jewelry in Peru (CIF) - 2022
- Exports of Non-Silver Precious Metal Jewelry in Peru
- Imports of Non-Silver Precious Metal Jewelry in Peru
Price for Non-Silver Precious Metal Jewelry in Peru (FOB) - 2022
The average non-silver precious metal jewelry export price stood at $8,607,002 per ton in 2022, picking up by 7% against the previous year. Overall, the export price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 16%. As a result, the export price reached the peak level of $11,573 per kg. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,718,328 per ton), while the average price for exports to Canada ($1,065,018 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 the United States (-4.9%), while the prices for the other major destinations experienced a decline.
Price for Non-Silver Precious Metal Jewelry in Peru (CIF) - 2022
The average non-silver precious metal jewelry import price stood at $19,685,098 per ton in 2022, picking up by 7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 an increase of 46%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain 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 Brazil ($224,915,357 per ton), while the price for China ($2,064,434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+28.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Non-Silver Precious Metal Jewelry in Peru
In 2022, non-silver precious metal jewelry exports from Peru shrank rapidly to 9 tons, falling by -23.2% against the previous year. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year. As a result, the exports attained the peak of 12 tons, and then declined notably in the following year.
In value terms, non-silver precious metal jewelry exports shrank markedly to $77M in 2022. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 56%.
Export of Non-Silver Precious Metal Jewelry in Peru (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 94.0 | 56.6 | 90.5 | 75.5 | -7.0% |
Canada | 0.7 | 0.6 | 1.1 | 0.8 | 4.6% |
India | 3.0 | 2.3 | 1.4 | 0.5 | -45.0% |
Others | 1.6 | 1.1 | 1.2 | 0.6 | -27.9% |
Total | 99.3 | 60.5 | 94.2 | 77.4 | -8.0% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Peru in 2022:
- United States (7.8 tons)
- Canada (0.7 tons)
- India (0.3 tons)
Imports of Non-Silver Precious Metal Jewelry in Peru
In 2022, imports of non-silver precious metal jewelry into Peru contracted markedly to 1.7 tons, waning by -30.7% on the previous year. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% 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 +31.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of 2.4 tons, and then contracted significantly in the following year.
In value terms, non-silver precious metal jewelry imports contracted remarkably to $33M in 2022. Over the period under review, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 with an increase of 108%. As a result, imports attained the peak of $44M, and then fell sharply in the following year.
Import of Non-Silver Precious Metal Jewelry in Peru (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 4.8 | 5.0 | 14.0 | 20.7 | 62.8% |
Brazil | 5.9 | 4.0 | 4.3 | 3.1 | -19.3% |
Spain | 2.6 | 1.8 | 3.0 | 2.7 | 1.3% |
United States | 4.4 | 2.1 | 8.1 | 1.6 | -28.6% |
China | 2.2 | 1.8 | 3.3 | 0.8 | -28.6% |
Thailand | 2.2 | 1.4 | 2.2 | 0.7 | -31.7% |
Vietnam | 0.1 | 0.3 | 0.3 | 0.2 | 26.0% |
Switzerland | 0.1 | N/A | 0.6 | 0.2 | 26.0% |
Others | 2.1 | 4.7 | 8.2 | 2.7 | 8.7% |
Total | 24.3 | 21.2 | 44.1 | 32.6 | 10.3% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Peru in 2022:
- Italy (718.0 kg)
- China (369.0 kg)
- Thailand (262.0 kg)
- Vietnam (84.0 kg)
- Spain (70.0 kg)
- United States (39.0 kg)
- Switzerland (27.0 kg)
- Brazil (14.0 kg)
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