Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia - 2022
Contents:
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia (CIF) - 2022
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia (FOB) - 2022
- Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia
- Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia
Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia (CIF) - 2022
In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $2,025 per ton, waning by -71.4% against the previous year. In general, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 64%. The import price peaked at $7,083 per ton in 2021, and then shrank sharply in the following year.
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 ($2,041 per ton), while the price for the United States totaled $1,335 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia (FOB) - 2022
The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $8,059 per ton in 2022, surging by 9.6% against the previous year. Overall, the export price, however, faced a abrupt setback. The growth pace was the most rapid in 2014 an increase of 290% against the previous year. Over the period under review, the average export prices hit record highs at $32,810 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 the United States ($14,200 per ton), while the average price for exports to Cote d'Ivoire ($1,643 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 Spain (+5.5%).
Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia
In 2022, supplies from abroad of statuettes and other ornaments; of base metal plated with precious metals was finally on the rise to reach 7.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a significant increase. 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 $15K in 2022. Over the period under review, imports enjoyed a noticeable expansion.
| Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 2.2 | 0.1 | 15.1 | 99.6% |
| United States | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Italy | 11.5 | 13.6 | 4.0 | N/A | -41.0% |
| Others | 0.4 | 0.6 | 0.1 | N/A | -50.0% |
| Total | 13.9 | 16.4 | 4.3 | 15.3 | 3.3% |
Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Ethiopia in 2022:
- China (7.4 tons)
- United States (0.2 tons)
Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia
In 2022, approx. 85 kg of statuettes and other ornaments; of base metal plated with precious metals were exported from Ethiopia; declining by -37% compared with 2021. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 322%. As a result, the exports attained the peak of 135 kg, and then shrank notably in the following year.
In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals declined remarkably to $685 in 2022. Over the period under review, exports saw a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of 163% against the previous year. As a result, the exports attained the peak of $993, and then fell markedly in the following year.
| Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 571 | 283 | 887 | 590 | 1.1% |
| United States | 100 | 35.0 | 54.0 | 71.0 | -10.8% |
| Cote d'Ivoire | N/A | N/A | N/A | 23.0 | 0% |
| Mozambique | N/A | N/A | 10.0 | N/A | 0% |
| Sweden | N/A | N/A | 42.0 | N/A | 0% |
| Austria | 23.0 | N/A | N/A | N/A | 0% |
| Others | 28.0 | 60.0 | N/A | 1.0 | -67.1% |
| Total | 722 | 378 | 993 | 685 | -1.7% |
Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Ethiopia in 2022:
- Spain (65.0 kg)
- Cote d'Ivoire (14.0 kg)
- United States (5.0 kg)
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