Price for Precious Metal-Clad Jewelry of Base Metals in Morocco - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Morocco (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Morocco (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Morocco
- Exports of Precious Metal-Clad Jewelry of Base Metals in Morocco
Price for Precious Metal-Clad Jewelry of Base Metals in Morocco (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $1,403,200 per ton, increasing by 36% against the previous year. Over the period under review, the import price, however, recorded a mild reduction. The growth pace was the most rapid in 2018 an increase of 113%. The import price peaked at $1,559,934 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 France ($2,319,195 per ton), while the price for China ($175,100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Precious Metal-Clad Jewelry of Base Metals in Morocco (FOB) - 2022
In 2022, the average export price for base metal jewelry clad with precious metals amounted to $132,185 per ton, dropping by -64.2% against the previous year. Over the period under review, the export price saw a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 321%. The export price peaked at $369,800 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Senegal.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +7.5% per year.
Imports of Precious Metal-Clad Jewelry of Base Metals in Morocco
In 2022, approx. 461 kg of base metal jewelry clad with precious metals were imported into Morocco; surging by 21% on the previous year. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 385% against the previous year. As a result, imports reached the peak of 602 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of base metal jewelry clad with precious metals skyrocketed to $647K in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 368%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Precious Metal-Clad Jewelry of Base Metals in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 110 | 369 | 216 | 346 | 46.5% |
| Spain | 9.6 | 51.8 | 30.5 | 286 | 210.0% |
| China | 9.6 | 32.2 | 17.7 | 1.8 | -42.8% |
| Turkey | N/A | 1.7 | 18.2 | 0.6 | -40.6% |
| Others | 8.7 | 189 | 109 | 13.2 | 14.9% |
| Total | 138 | 644 | 391 | 647 | 67.4% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Morocco in 2022:
- Spain (289.0 kg)
- France (149.0 kg)
- China (10.0 kg)
- Turkey (4.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Morocco
In 2022, approx. 119 kg of base metal jewelry clad with precious metals were exported from Morocco; with an increase of 892% against the previous year's figure. Over the period under review, exports saw a significant expansion. 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 $16K in 2022. In general, exports showed a significant increase. 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 Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | N/A | N/A | N/A | 15.7 | 0% |
| Hong Kong SAR | N/A | N/A | 3.7 | N/A | 0% |
| Greece | N/A | 1.4 | N/A | N/A | 0% |
| United Arab Emirates | 2.4 | 5.1 | 0.7 | N/A | -46.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.4 | 6.5 | 4.4 | 15.7 | 87.0% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Morocco in 2022:
- Senegal (119.0 kg)
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