Price for Precious Metal-Clad Jewelry of Base Metals in Nepal - 2022
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Nepal (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Nepal (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Nepal
- Exports of Precious Metal-Clad Jewelry of Base Metals in Nepal
Price for Precious Metal-Clad Jewelry of Base Metals in Nepal (CIF) - 2022
In 2022, the average import price for base metal jewelry clad with precious metals amounted to $24,667 per ton, which is down by -80.1% against the previous year. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 227% against the previous year. Over the period under review, average import prices reached the peak figure at $202,750 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +33.2% per year.
Price for Precious Metal-Clad Jewelry of Base Metals in Nepal (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $205,530 per ton in 2022, shrinking by -13.2% against the previous year. In general, the export price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2015 an increase of 52%. The export price peaked at $411,140 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($203,000 per ton), while the average price for exports to Belgium ($8,250 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 Germany (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Precious Metal-Clad Jewelry of Base Metals in Nepal
In 2022, purchases abroad of base metal jewelry clad with precious metals decreased by -93.6% to 3 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 358% against the previous year. As a result, imports attained the peak of 119 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 dropped notably to $74 in 2022. Overall, imports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 95% against the previous year. As a result, imports attained the peak of $7.7K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Precious Metal-Clad Jewelry of Base Metals in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.7 | 0.1 | 0.2 | 0.1 | -47.7% |
| Hong Kong SAR | N/A | 4.5 | N/A | N/A | 0% |
| Japan | N/A | 1.2 | N/A | N/A | 0% |
| United States | 3.1 | 1.8 | 5.4 | N/A | 32.0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
| Total | 3.9 | 7.7 | 5.8 | 0.1 | -70.5% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Nepal in 2022:
- China (3.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Nepal
In 2022, exports of base metal jewelry clad with precious metals from Nepal soared to 217 kg, jumping by 121% compared with 2021. Overall, exports posted 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 skyrocketed to $45K in 2022. In general, exports showed buoyant growth. 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 Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 13.8 | 1.9 | 7.6 | 22.4 | 17.5% |
| Italy | 1.0 | 0.8 | 1.5 | 4.7 | 67.5% |
| Netherlands | 0.1 | 0.4 | 1.0 | 3.6 | 230.2% |
| China | 0.7 | 0.6 | 1.0 | 3.3 | 67.7% |
| United Kingdom | 0.6 | 0.5 | 0.8 | 2.1 | 51.8% |
| United States | 8.7 | 12.3 | 9.5 | 2.0 | -38.7% |
| France | 0.3 | N/A | N/A | 1.6 | 74.7% |
| Germany | 0.6 | 0.3 | 0.5 | 0.9 | 14.5% |
| Thailand | N/A | N/A | N/A | 0.2 | 0% |
| Hong Kong SAR | N/A | 2.1 | N/A | N/A | 0% |
| Others | 0.9 | 0.7 | 1.3 | 3.7 | 60.2% |
| Total | 26.7 | 19.7 | 23.2 | 44.6 | 18.7% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Nepal in 2022:
- Netherlands (41.0 kg)
- United Kingdom (38.0 kg)
- Italy (33.0 kg)
- China (25.0 kg)
- Thailand (17.0 kg)
- France (16.0 kg)
- United States (10.0 kg)
- Germany (6.0 kg)
- Australia (4.0 kg)
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