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

Contents:

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

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

In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $8,293 per ton, growing by 34% against the previous year. Over the period under review, the import price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 121% against the previous year. The import price peaked at $25,043 per ton in 2012; however, from 2013 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 Italy ($34,644 per ton), while the price for China ($3,984 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+49.2%), 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 Morocco (FOB) - 2022

In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $10,467 per ton, reducing by -58.9% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 216% against the previous year. Over the period under review, the average export prices attained the maximum at $93,492 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 external markets. In 2022, amid the top suppliers, the country with the highest price was France ($34,108 per ton), while the average price for exports to Romania ($215 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 France (+9.6%), 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 Morocco

In 2022, approx. 89 tons of statuettes and other ornaments; of base metal plated with precious metals were imported into Morocco; increasing by 98% on the previous year. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 179% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals surged to $736K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (57.4 tons)
2. India (27.9 tons)
3. Turkey (2.0 tons)
4. Italy (1.4 tons)

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

In 2022, the amount of statuettes and other ornaments; of base metal plated with precious metals exported from Morocco skyrocketed to 4.8 tons, increasing by 975% against the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 5,500% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals soared to $50K in 2022. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 5,899%.

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

1. Germany (3447.0 kg)
2. Romania (456.0 kg)
3. France (397.0 kg)
4. Bahrain (241.0 kg)
5. Canada (234.0 kg)

Source: IndexBox Market Intelligence Platform