Price for Non-Silver Precious Metal Jewelry in Poland - 2023
Contents:
- Price for Non-Silver Precious Metal Jewelry in Poland (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Poland (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Poland
- Exports of Non-Silver Precious Metal Jewelry in Poland
Price for Non-Silver Precious Metal Jewelry in Poland (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $18,729,535 per ton, growing by 6.7% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-silver precious metal jewelry import price increased by +2.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 77%. As a result, import price reached the peak level of $23,366 per kg. From 2014 to 2022, the average 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 India ($60,399,265 per ton), while the price for Denmark ($1,645,933 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Non-Silver Precious Metal Jewelry in Poland (FOB) - 2022
The average non-silver precious metal jewelry export price stood at $7,501,143 per ton in 2022, rising by 8.6% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 112% against the previous year. The export price peaked at $21,796,670 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($16,629,781 per ton), while the average price for exports to Austria ($1,990,185 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 Estonia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Poland
In 2022, approx. 11 tons of non-silver precious metal jewelry were imported into Poland; picking up by 10% against the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% 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 +61.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 39% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, non-silver precious metal jewelry imports soared to $213M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Non-Silver Precious Metal Jewelry in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 44.0 | 44.1 | 60.1 | 63.6 | 13.1% |
| Italy | 25.1 | 28.8 | 45.4 | 63.6 | 36.3% |
| China | 19.8 | 19.6 | 25.8 | 27.4 | 11.4% |
| India | 11.6 | 8.8 | 10.7 | 17.1 | 13.8% |
| Thailand | 5.6 | 4.4 | 6.9 | 10.7 | 24.1% |
| Spain | 4.4 | 4.3 | 14.4 | 5.9 | 10.3% |
| Switzerland | N/A | N/A | 0.3 | 3.2 | 966.7% |
| Germany | 3.8 | 8.3 | 3.7 | 3.0 | -7.6% |
| United Kingdom | 4.5 | 3.4 | 0.4 | 0.4 | -55.4% |
| Others | 9.5 | 10.8 | 13.3 | 18.3 | 24.4% |
| Total | 128 | 132 | 181 | 213 | 18.5% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Poland in 2022:
- Italy (4.3 tons)
- China (2.0 tons)
- Turkey (1.9 tons)
- Germany (0.6 tons)
- Switzerland (0.6 tons)
- Thailand (0.5 tons)
- India (0.3 tons)
- Spain (0.2 tons)
- United Kingdom (0.1 tons)
Exports of Non-Silver Precious Metal Jewelry in Poland
In 2022, exports of non-silver precious metal jewelry from Poland skyrocketed to 5.2 tons, jumping by 27% on 2021 figures. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal jewelry exports surged to $39M in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Silver Precious Metal Jewelry in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 12.7 | 6.5 | 9.3 | 14.0 | 3.3% |
| Germany | 7.8 | 5.2 | 7.8 | 6.9 | -4.0% |
| Slovakia | 1.6 | 2.5 | 2.8 | 4.5 | 41.2% |
| Italy | 0.7 | 0.4 | 0.7 | 1.7 | 34.4% |
| Lithuania | 0.8 | 0.8 | 0.8 | 1.7 | 28.6% |
| Estonia | 0.1 | N/A | 0.2 | 0.7 | 91.3% |
| Austria | 0.3 | 0.3 | 0.8 | 0.7 | 32.6% |
| Spain | 7.7 | 8.9 | 1.5 | 0.5 | -59.8% |
| United Kingdom | 0.6 | 0.3 | 0.2 | 0.3 | -20.6% |
| France | 0.2 | 0.2 | 0.3 | 0.1 | -20.6% |
| Others | 2.6 | 2.5 | 3.8 | 8.1 | 46.1% |
| Total | 35.0 | 27.5 | 28.4 | 39.2 | 3.8% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Poland in 2022:
- Czech Republic (2801.0 kg)
- Germany (557.0 kg)
- Austria (351.0 kg)
- Slovakia (300.0 kg)
- Italy (161.0 kg)
- Lithuania (105.0 kg)
- United Kingdom (103.0 kg)
- Estonia (88.0 kg)
- France (75.0 kg)
- Spain (62.0 kg)
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