Price for Precious Metal-Clad Jewelry of Base Metals in Thailand - 2024

Contents:

1. Price for Precious Metal-Clad Jewelry of Base Metals in Thailand (FOB) - 2022
2. Price for Precious Metal-Clad Jewelry of Base Metals in Thailand (CIF) - 2022
3. Exports of Precious Metal-Clad Jewelry of Base Metals in Thailand
4. Imports of Precious Metal-Clad Jewelry of Base Metals in Thailand

Price for Precious Metal-Clad Jewelry of Base Metals in Thailand (FOB) - 2022

The average export price for base metal jewelry clad with precious metals stood at $463,188 per ton in 2022, increasing by 6.4% against the previous year. Overall, the export price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 52%. The export price peaked at $780,080 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 the Netherlands ($1,444,097 per ton), while the average price for exports to Morocco ($1,040 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 the Netherlands (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Precious Metal-Clad Jewelry of Base Metals in Thailand (CIF) - 2022

The average import price for base metal jewelry clad with precious metals stood at $215,124 per ton in 2022, waning by -48.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 113% against the previous year. Over the period under review, average import prices hit record highs at $562,374 per ton in 2020; however, from 2021 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 Germany ($1,235,733 per ton), while the price for Taiwan (Chinese) ($48,404 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Precious Metal-Clad Jewelry of Base Metals in Thailand

In 2022, the amount of base metal jewelry clad with precious metals exported from Thailand soared to 14 tons, picking up by 104% against the previous year's figure. Overall, exports posted strong 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 $6.5M in 2022. In general, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Thailand in 2022:

1. United Kingdom (3310.0 kg)
2. United States (1959.0 kg)
3. Switzerland (1858.0 kg)
4. Hong Kong SAR (931.0 kg)
5. France (789.0 kg)
6. Maldives (639.0 kg)
7. Morocco (545.0 kg)
8. Vietnam (448.0 kg)
9. Japan (324.0 kg)
10. South Korea (256.0 kg)
11. Bangladesh (252.0 kg)
12. Netherlands (217.0 kg)
13. Singapore (205.0 kg)

Imports of Precious Metal-Clad Jewelry of Base Metals in Thailand

Imports of base metal jewelry clad with precious metals into Thailand stood at 8.9 tons in 2022, picking up by 2.5% against the previous year. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of base metal jewelry clad with precious metals dropped rapidly to $1.9M in 2022. In general, imports, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2020 with an increase of 94%. As a result, imports attained the peak of $4.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Thailand in 2022:

1. China (5.2 tons)
2. United States (0.9 tons)
3. Norway (0.9 tons)
4. Taiwan (Chinese) (0.7 tons)
5. Italy (0.6 tons)

Source: IndexBox Market Intelligence Platform