Price for Precious Metal-Clad Jewelry of Base Metals in Lithuania - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Lithuania (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Lithuania (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Lithuania
- Exports of Precious Metal-Clad Jewelry of Base Metals in Lithuania
Price for Precious Metal-Clad Jewelry of Base Metals in Lithuania (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $628,019 per ton, with an increase of 135% against the previous year. Over the period under review, the import price showed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($779,369 per ton), while the price for the UK ($93,192 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+90.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Precious Metal-Clad Jewelry of Base Metals in Lithuania (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $967,873 per ton in 2022, rising by 888% against the previous year. Overall, the export price, however, continues to indicate a perceptible descent. The export price peaked at $1,698,200 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Russia ($1,012,339 per ton), while the average price for exports to the Czech Republic amounted to $42,385 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-2.1%), while the prices for the other major destinations experienced a decline.
Imports of Precious Metal-Clad Jewelry of Base Metals in Lithuania
In 2022, the amount of base metal jewelry clad with precious metals imported into Lithuania soared to 535 kg, picking up by 157% on 2021. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of base metal jewelry clad with precious metals skyrocketed to $336K in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Precious Metal-Clad Jewelry of Base Metals in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 5.7 | 295 | 5075.4% |
| Germany | 4.1 | 8.8 | 9.0 | 7.3 | 21.2% |
| China | 1.1 | 1.6 | 8.0 | 6.5 | 80.8% |
| Italy | 0.6 | 3.1 | 9.1 | 5.0 | 102.7% |
| Poland | 1.1 | 0.2 | 2.1 | 4.1 | 55.0% |
| Switzerland | N/A | 1.6 | 1.9 | 3.6 | 50.0% |
| United Kingdom | 1.3 | 1.4 | 3.2 | 2.4 | 22.7% |
| Others | 19.4 | 39.1 | 16.6 | 11.7 | -15.5% |
| Total | 27.5 | 55.8 | 55.6 | 336 | 130.3% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Lithuania in 2022:
- Spain (379.0 kg)
- Italy (33.0 kg)
- United Kingdom (26.0 kg)
- Germany (22.0 kg)
- China (22.0 kg)
- Switzerland (15.0 kg)
- Poland (14.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Lithuania
In 2022, approx. 306 kg of base metal jewelry clad with precious metals were exported from Lithuania; rising by 256% compared with the previous year. Overall, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 682% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of base metal jewelry clad with precious metals soared to $296K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Precious Metal-Clad Jewelry of Base Metals in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.9 | 6.5 | 1.7 | 296 | 323.4% |
| Czech Republic | N/A | N/A | 0.3 | 0.6 | 100.0% |
| Kazakhstan | N/A | N/A | 1.0 | N/A | 0% |
| Poland | 4.1 | N/A | N/A | N/A | 0% |
| Belarus | N/A | N/A | 5.4 | N/A | 0% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 8.2 | 6.5 | 8.4 | 296 | 230.5% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Lithuania in 2022:
- Russia (292.0 kg)
- Czech Republic (13.0 kg)
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