Price for Precious Metal-Clad Jewelry of Base Metals in Pakistan - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Pakistan (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Pakistan (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Pakistan
- Exports of Precious Metal-Clad Jewelry of Base Metals in Pakistan
Price for Precious Metal-Clad Jewelry of Base Metals in Pakistan (CIF) - 2022
The average import price for base metal jewelry clad with precious metals stood at $151,479 per ton in 2022, dropping by -21.1% against the previous year. Overall, the import price showed a mild decline. The growth pace was the most rapid in 2018 an increase of 187% against the previous year. The import price peaked at $209,667 per ton in 2019; however, from 2020 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 the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +37.5% per year.
Price for Precious Metal-Clad Jewelry of Base Metals in Pakistan (FOB) - 2022
In 2022, the average export price for base metal jewelry clad with precious metals amounted to $26,000 per ton, shrinking by -84% against the previous year. Overall, the export price faced a sharp decline. The pace of growth was the most pronounced in 2019 an increase of 74% against the previous year. The export price peaked at $544,929 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +20.6% per year.
Imports of Precious Metal-Clad Jewelry of Base Metals in Pakistan
In 2022, approx. 48 kg of base metal jewelry clad with precious metals were imported into Pakistan; increasing by 200% on the previous year's figure. Overall, imports showed a significant expansion. As a result, imports attained 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 $7.3K in 2022. In general, imports saw 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 Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | 0.2 | 0.9 | 7.3 | 317.9% |
| Thailand | 0.3 | 0.3 | 0.8 | N/A | 63.3% |
| China | N/A | N/A | N/A | N/A | 0% |
| United Kingdom | 1.3 | 0.8 | 1.3 | N/A | 0.0% |
| Others | 0.8 | 0.1 | 0.1 | N/A | -64.6% |
| Total | 2.5 | 1.5 | 3.1 | 7.3 | 42.9% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Pakistan in 2022:
- United Arab Emirates (48.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Pakistan
For the third year in a row, Pakistan recorded decline in shipments abroad of base metal jewelry clad with precious metals, which decreased by -96.2% to 1 kg in 2022. In general, exports faced a sharp decrease. The smallest decline of -13.3% was in 2021.
In value terms, exports of base metal jewelry clad with precious metals contracted rapidly to $26 in 2022. Overall, exports showed a dramatic descent. The smallest decline of -32.4% was in 2021.
| Export of Precious Metal-Clad Jewelry of Base Metals in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.4 | N/A | N/A | N/A | 0% |
| United Kingdom | 26.3 | 1.2 | 1.1 | N/A | -79.5% |
| France | 0.4 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 20.1 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 76.4 | 3.2 | 2.8 | N/A | -80.9% |
| United States | 113 | N/A | 0.1 | N/A | -97.0% |
| Canada | 10.0 | 1.5 | N/A | N/A | -85.0% |
| Others | 6.8 | 0.2 | 0.2 | N/A | -82.9% |
| Total | 254 | 6.3 | 4.2 | N/A | -87.1% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Pakistan in 2022:
- France (1.0 kg)
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