Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh - 2022
Contents:
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh (CIF) - 2022
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh (FOB) - 2022
- Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh
- Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh
Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh (CIF) - 2022
In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $3,949 per ton, surging by 13% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for statuettes and other ornaments; of base metal plated with precious metals increased by +79.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. Over the period under review, average import prices hit record highs at $4,026 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 China ($75,412 per ton), while the price for India ($1,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh (FOB) - 2022
The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $15,529 per ton in 2022, with a decrease of -38.7% against the previous year. Over the period under review, the export price showed a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 48% against the previous year. The export price peaked at $28,125 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($34,083 per ton), while the average price for exports to Nepal ($1,229 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 Austria (+0.1%), while the prices for the other major destinations experienced a decline.
Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh
In 2022, after two years of decline, there was significant growth in supplies from abroad of statuettes and other ornaments; of base metal plated with precious metals, when their volume increased by 1,730% to 117 tons. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals skyrocketed to $461K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 1.5 | 2.9 | 5.3 | 338 | 508.5% |
Hong Kong SAR | 39.1 | 24.0 | 14.1 | 107 | 39.9% |
India | 2.6 | 3.3 | 1.0 | 1.5 | -16.8% |
Others | 6.4 | 3.1 | 1.8 | 14.2 | 30.4% |
Total | 49.6 | 33.2 | 22.2 | 461 | 110.3% |
Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Bangladesh in 2022:
- Singapore (96.0 tons)
- Hong Kong SAR (18.8 tons)
- India (1.2 tons)
Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh
Exports of statuettes and other ornaments; of base metal plated with precious metals from Bangladesh shrank rapidly to 68 kg in 2022, falling by -57.8% against the previous year. Overall, exports faced a dramatic decline. The smallest decline of -28.3% was in 2020.
In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals fell remarkably to $1.1K in 2022. Over the period under review, exports continue to indicate a sharp setback. The smallest decline of -8.6% was in 2020.
Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.8 | 3.8 | 3.6 | 0.8 | -40.5% |
Austria | 1.0 | 0.7 | 0.4 | 0.2 | -41.5% |
Nepal | N/A | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
Total | 4.9 | 4.5 | 4.1 | 1.1 | -39.2% |
Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Bangladesh in 2022:
- Nepal (35.0 kg)
- Germany (24.0 kg)
- Austria (8.0 kg)
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