Price for Non-Silver Precious Metal Jewelry in Uruguay - 2022
Contents:
- Price for Non-Silver Precious Metal Jewelry in Uruguay (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Uruguay (FOB) - 2021
- Imports of Non-Silver Precious Metal Jewelry in Uruguay
- Exports of Non-Silver Precious Metal Jewelry in Uruguay
Price for Non-Silver Precious Metal Jewelry in Uruguay (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $13,430,300 per ton, jumping by 116% against the previous year. In general, the import price, however, recorded a pronounced descent. The import price peaked at $21,942,105 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($78,261,000 per ton), while the price for China ($3,376,944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Silver Precious Metal Jewelry in Uruguay (FOB) - 2021
The average non-silver precious metal jewelry export price stood at $45.6M per ton in November 2020, picking up by 68% against the previous month. In general, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in October 2020 when the average export price increased by 160% month-to-month. The export price peaked at $80.9M per ton in February 2020; however, from March 2020 to November 2020, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From February 2020 to November 2020, the rate of growth in terms of prices for the United States amounted to -6.2% per month.
Imports of Non-Silver Precious Metal Jewelry in Uruguay
In 2022, the amount of non-silver precious metal jewelry imported into Uruguay declined rapidly to 90 kg, reducing by -77% against 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 543%. As a result, imports reached the peak of 392 kg, and then reduced notably in the following year.
In value terms, non-silver precious metal jewelry imports contracted significantly to $1.2M in 2022. In general, imports, however, enjoyed a notable expansion. The pace of growth was the most pronounced in 2021 with an increase of 251%. As a result, imports attained the peak of $2.4M, and then reduced sharply in the following year.
| Import of Non-Silver Precious Metal Jewelry in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 104 | 88.1 | 656 | 485 | 67.1% |
| Thailand | 5.4 | 22.8 | 86.2 | 157 | 207.5% |
| Spain | 43.3 | 35.7 | 85.5 | 138 | 47.2% |
| Turkey | 22.6 | 6.3 | 329 | 100 | 64.2% |
| United States | 178 | 202 | 39.4 | 74.2 | -25.3% |
| Panama | 49.7 | 42.3 | N/A | 63.0 | 8.2% |
| China | N/A | N/A | N/A | 60.8 | 0% |
| Switzerland | 353 | 22.1 | 155 | 52.5 | -47.0% |
| United Kingdom | N/A | 68.3 | N/A | 1.6 | -84.7% |
| Others | 318 | 206 | 1,081 | 77.0 | -37.7% |
| Total | 1,074 | 694 | 2,433 | 1,209 | 4.0% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Uruguay in 2022:
- Italy (32.0 kg)
- China (18.0 kg)
- Spain (17.0 kg)
- Turkey (5.0 kg)
- Panama (3.0 kg)
- United States (2.0 kg)
- Thailand (2.0 kg)
- United Kingdom (1.0 kg)
- Switzerland (1.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Uruguay
Non-silver precious metal jewelry exports from Uruguay skyrocketed to 26 kg in 2022, rising by 136% on the previous year's figure. Overall, exports recorded significant growth. 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 $1.1M in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Non-Silver Precious Metal Jewelry in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 366 | 262 | 148 | 1,078 | 43.3% |
| United Kingdom | N/A | N/A | 2.5 | 9.0 | 260.0% |
| Chile | N/A | N/A | N/A | 7.8 | 0% |
| Free Zones | N/A | N/A | N/A | 7.6 | 0% |
| Singapore | N/A | N/A | N/A | 1.0 | 0% |
| Germany | N/A | N/A | N/A | 0.4 | 0% |
| Spain | N/A | 0.7 | 1.1 | N/A | 57.1% |
| New Zealand | N/A | N/A | 0.2 | N/A | 0% |
| France | N/A | N/A | 0.2 | N/A | 0% |
| Australia | N/A | 0.3 | N/A | N/A | 0% |
| Israel | N/A | N/A | 1.2 | N/A | 0% |
| Canada | 2.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.3 | 10.0 | N/A | 334.8% |
| Total | 368 | 266 | 163 | 1,103 | 44.2% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Uruguay in 2022:
- United States (19.0 kg)
- Chile (3.0 kg)
- Singapore (1.0 kg)
- United Kingdom (1.0 kg)
- Germany (1.0 kg)
- Free Zones (1.0 kg)
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