Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Latvia - 2023

Contents:

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

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

In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $32,033 per ton, declining by -25.7% against the previous year. Overall, the import price recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 46%. The import price peaked at $53,498 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($121,429 per ton), while the price for Poland ($15,946 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+160.2%), 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 Latvia (FOB) - 2022

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $94,714 per ton in 2022, growing by 204% against the previous year. Over the period under review, the export price saw a temperate expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 275% against the previous year. The export price peaked at $116,750 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -2.0% per year.

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

In 2022, imports of statuettes and other ornaments; of base metal plated with precious metals into Latvia declined rapidly to 214 kg, waning by -61.5% against the previous year's figure. Over the period under review, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 116%.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals shrank significantly to $6.9K in 2022. Overall, imports showed a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 216%.

Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania3.41.94.71.7-20.6%
Poland0.50.50.31.233.9%
Russia0.51.23.71.130.1%
Estonia1.00.80.31.00.0%
DenmarkN/AN/AN/A0.80%
United Kingdom0.5N/A1.50.4-7.2%
China20.52.17.80.2-78.6%
FranceN/AN/A0.10.10.0%
OthersN/A1.05.60.3-45.2%
Total26.67.624.06.9-36.2%

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

  1. Poland (74.0 kg)
  2. Estonia (56.0 kg)
  3. Lithuania (41.0 kg)
  4. Russia (15.0 kg)
  5. United Kingdom (9.0 kg)
  6. Denmark (7.0 kg)
  7. France (4.0 kg)
  8. China (3.0 kg)

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

In 2022, shipments abroad of statuettes and other ornaments; of base metal plated with precious metals decreased by 0% to 7 kg, falling for the second year in a row after two years of growth. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,000% against the previous year. As a result, the exports attained the peak of 11 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals skyrocketed to $663 in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 4,026% against the previous year. As a result, the exports reached the peak of $1.1K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Latvia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A1,006N/A663-18.8%
LithuaniaN/A96.041.0N/A-57.3%
Estonia27.012.0N/AN/A-55.6%
GeorgiaN/AN/A177N/A0%
OthersN/AN/AN/AN/A0%
Total27.01,114218663190.7%

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

  1. Russia (7.0 kg)

Source: IndexBox Market Intelligence Platform

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