Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Iraq - 2022

Contents:

1. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Iraq (CIF) - 2022
2. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Iraq (FOB) - 2022
3. Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Iraq
4. Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Iraq

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Iraq (CIF) - 2022

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $46,658 per ton in 2022, picking up by 77% against the previous year. Overall, the import price showed resilient growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 193% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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 France ($66,000 per ton), while the price for the United Arab Emirates ($8,533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+53.5%), while the prices for the other major suppliers experienced a decline.

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Iraq (FOB) - 2022

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $13,180 per ton in 2022, declining by -30.6% against the previous year. Over the period under review, the export price continues to indicate a mild slump. The export price peaked at $19,000 per ton in 2021, and then reduced notably in the following year.

As there is only one major export destination, 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 the United Arab Emirates amounted to 0.0% per year.

Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Iraq

For the third consecutive year, Iraq recorded decline in supplies from abroad of statuettes and other ornaments; of base metal plated with precious metals, which decreased by -55.2% to 202 kg in 2022. Over the period under review, imports recorded a precipitous slump. The smallest decline of -30.4% was in 2021.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals fell sharply to $9.4K in 2022. In general, imports continue to indicate a dramatic setback. The smallest decline of -17.1% was in 2021.

Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Iraq in 2022:

1. Italy (119.0 kg)
2. Turkey (44.0 kg)
3. France (24.0 kg)
4. United Arab Emirates (15.0 kg)

Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Iraq

Exports of statuettes and other ornaments; of base metal plated with precious metals from Iraq soared to 61 kg in 2022, with an increase of 2,950% on the year before. Over the period under review, exports, however, saw a deep downturn.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals surged to $804 in 2022. Overall, exports, however, recorded a mild decrease.

Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Iraq in 2022:

1. United Arab Emirates (61.0 kg)

Source: IndexBox Market Intelligence Platform