Price for Precious Metal-Clad Jewelry of Base Metals in Belgium - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Belgium (FOB) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Belgium (CIF) - 2022
- Exports of Precious Metal-Clad Jewelry of Base Metals in Belgium
- Imports of Precious Metal-Clad Jewelry of Base Metals in Belgium
Price for Precious Metal-Clad Jewelry of Base Metals in Belgium (FOB) - 2022
In 2022, the average export price for base metal jewelry clad with precious metals amounted to $149,492 per ton, jumping by 75% against the previous year. In general, the export price posted a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 146% against the previous year. As a result, the export price reached the peak level of $323,634 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($351,140 per ton), while the average price for exports to Germany ($24,081 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 Azerbaijan (+26,750.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Precious Metal-Clad Jewelry of Base Metals in Belgium (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $115,309 per ton, with an increase of 23% against the previous year. In general, the import price recorded a resilient increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual 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 the United States ($432,129 per ton), while the price for the Netherlands ($13,711 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Precious Metal-Clad Jewelry of Base Metals in Belgium
In 2022, approx. 27 tons of base metal jewelry clad with precious metals were exported from Belgium; jumping by 470% compared with the previous year. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of base metal jewelry clad with precious metals soared to $4.1M in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Precious Metal-Clad Jewelry of Base Metals in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.7 | 22.4 | 162 | 2,633 | 411.3% |
| France | 25.4 | 45.3 | 18.6 | 247 | 113.4% |
| United Kingdom | N/A | 6.4 | 66.5 | 242 | 514.9% |
| Australia | 3.2 | 1.3 | 4.4 | 141 | 253.2% |
| Canada | 75.1 | N/A | 3.2 | 134 | 21.3% |
| Switzerland | 82.4 | 38.9 | 19.6 | 115 | 11.8% |
| Singapore | N/A | N/A | 1.1 | 92.2 | 8281.8% |
| Japan | 1.4 | 34.0 | 13.5 | 79.4 | 284.2% |
| India | N/A | N/A | 5.8 | 33.8 | 482.8% |
| Germany | 2.4 | 27.0 | 18.1 | 14.5 | 82.1% |
| Azerbaijan | 103 | 40.0 | N/A | N/A | -61.2% |
| Others | 93.5 | 80.6 | 95.0 | 348 | 55.0% |
| Total | 406 | 296 | 408 | 4,079 | 115.8% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Belgium in 2022:
- France (8.1 tons)
- United States (7.5 tons)
- United Kingdom (5.6 tons)
- Singapore (0.8 tons)
- India (0.7 tons)
- Germany (0.6 tons)
- Japan (0.6 tons)
- Canada (0.5 tons)
- Australia (0.4 tons)
- Switzerland (0.4 tons)
Imports of Precious Metal-Clad Jewelry of Base Metals in Belgium
In 2022, after three years of growth, there was significant decline in overseas purchases of base metal jewelry clad with precious metals, when their volume decreased by -18.5% to 30 tons. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 205% against the previous year. As a result, imports attained the peak of 36 tons, and then fell markedly in the following year.
In value terms, imports of base metal jewelry clad with precious metals totaled $3.4M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 270% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Precious Metal-Clad Jewelry of Base Metals in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 145 | 239 | 1,657 | 1,179 | 101.1% |
| Germany | 8.5 | 54.4 | 590 | 674 | 329.6% |
| United States | 32.5 | 33.9 | 296 | 363 | 123.5% |
| India | 46.7 | 88.9 | 128 | 253 | 75.6% |
| France | 114 | 121 | 58.5 | 211 | 22.8% |
| United Kingdom | 22.3 | 113 | 138 | 78.7 | 52.2% |
| Netherlands | 31.6 | 34.4 | 106 | 48.2 | 15.1% |
| Others | 73.2 | 235 | 432 | 618 | 103.6% |
| Total | 473 | 920 | 3,407 | 3,425 | 93.5% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Belgium in 2022:
- China (12.0 tons)
- Germany (7.0 tons)
- Netherlands (3.5 tons)
- France (2.5 tons)
- India (1.2 tons)
- United Kingdom (1.0 tons)
- United States (0.8 tons)
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