Price for Precious Metal-Clad Jewelry of Base Metals in South Africa - 2024
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in South Africa (FOB) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in South Africa (CIF) - 2022
- Exports of Precious Metal-Clad Jewelry of Base Metals in South Africa
- Imports of Precious Metal-Clad Jewelry of Base Metals in South Africa
Price for Precious Metal-Clad Jewelry of Base Metals in South Africa (FOB) - 2022
The average export price for base metal jewelry clad with precious metals stood at $42,558 per ton in 2022, which is down by -62.1% against the previous year. In general, the export price saw a pronounced slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 179%. As a result, the export price reached the peak level of $389,297 per ton. From 2019 to 2022, the average export prices remained at a 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 Ghana ($42,604 per ton), while the average price for exports to Lesotho ($5,989 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 Swaziland (+1.5%), while the prices for the other major destinations experienced a decline.
Price for Precious Metal-Clad Jewelry of Base Metals in South Africa (CIF) - 2022
The average import price for base metal jewelry clad with precious metals stood at $105,680 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price posted a pronounced increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 90% against the previous year. Over the period under review, average import prices reached the maximum at $247,088 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($544,583 per ton), while the price for China ($17,136 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Precious Metal-Clad Jewelry of Base Metals in South Africa
In 2022, after two years of decline, there was significant growth in overseas shipments of base metal jewelry clad with precious metals, when their volume increased by 1,157% to 14 tons. In general, exports showed significant growth. 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 $585K in 2022. Over the period under review, exports showed a significant increase. 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 South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 35.9 | 46.9 | 8.6 | 94.0 | 37.8% |
Italy | 0.1 | N/A | 0.1 | 53.4 | 711.3% |
Botswana | 9.6 | 8.7 | 1.1 | 16.2 | 19.1% |
Lesotho | 4.2 | 4.8 | 1.1 | 12.7 | 44.6% |
Ghana | N/A | N/A | N/A | 9.6 | 0% |
Swaziland | 8.2 | 7.0 | 0.5 | 5.5 | -12.5% |
Zambia | 10.4 | 0.2 | 0.1 | 3.0 | -33.9% |
Mozambique | 3.8 | 0.9 | 0.5 | 1.1 | -33.8% |
Kenya | 2.5 | 0.9 | 0.1 | N/A | -80.0% |
Others | 211 | 115 | 110 | 390 | 22.7% |
Total | 286 | 184 | 123 | 585 | 26.9% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from South Africa in 2022:
- Namibia (4.7 tons)
- Italy (4.2 tons)
- Lesotho (2.1 tons)
- Botswana (1.1 tons)
- Swaziland (0.3 tons)
- Ghana (0.2 tons)
- Zambia (0.2 tons)
- Mozambique (0.1 tons)
Imports of Precious Metal-Clad Jewelry of Base Metals in South Africa
In 2022, supplies from abroad of base metal jewelry clad with precious metals was finally on the rise to reach 3.8 tons after two years of decline. In general, imports, however, recorded a abrupt slump.
In value terms, imports of base metal jewelry clad with precious metals surged to $403K in 2022. Over the period under review, imports, however, recorded a abrupt decrease.
Import of Precious Metal-Clad Jewelry of Base Metals in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 107 | 97.4 | 65.2 | 180 | 18.9% |
India | 15.8 | 13.0 | 15.5 | 101 | 85.6% |
China | 174 | 32.8 | 10.0 | 27.4 | -46.0% |
Thailand | 64.2 | 16.5 | 4.4 | 25.8 | -26.2% |
United Kingdom | 9.9 | 13.0 | 1.7 | 13.5 | 10.9% |
United States | 48.2 | 48.3 | 13.1 | 12.5 | -36.2% |
Germany | 75.6 | 25.4 | 6.2 | 2.1 | -69.7% |
Others | 147 | 134 | 12.6 | 40.2 | -35.1% |
Total | 641 | 380 | 129 | 403 | -14.3% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to South Africa in 2022:
- China (1600.0 kg)
- India (1064.0 kg)
- Italy (331.0 kg)
- United Kingdom (284.0 kg)
- United States (170.0 kg)
- Thailand (123.0 kg)
- Germany (23.0 kg)
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